Peloton Interactive Inc (NASDAQ:PTON) has a beta value of 1.93 and has seen 43.8 million shares traded in the last trading session. The company, currently valued at $2.36B, closed the last trade at $7.25 per share which meant it lost -$1.25 on the day or -14.71% during that session. The PTON stock price is -23.03% off its 52-week high price of $8.92 and 62.76% above the 52-week low of $2.70. If we look at the company’s 10-day average daily trading volume, we find that it stood at 31.53 million shares traded. The 3-month trading volume is 18.36 million shares.
The consensus among analysts is that Peloton Interactive Inc (PTON) is Buy stock at the moment, with a recommendation rating of 3.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 21 have rated it as a Hold, with 13 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.22.
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Peloton Interactive Inc (NASDAQ:PTON) trade information
Sporting -14.71% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PTON stock price touched $7.25 or saw a rise of 18.72%. Year-to-date, Peloton Interactive Inc shares have moved 19.05%, while the 5-day performance has seen it change 15.45%. Over the past 30 days, the shares of Peloton Interactive Inc (NASDAQ:PTON) have changed 55.58%. Short interest in the company has seen 59.51 million shares shorted with days to cover at 5.55.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could jump 34.09% from current levels. The projected low price target is $2.5 while the price target rests at a high of $170.0. In that case, then, we find that the current price level is -2244.83% off the targeted high while a plunge would see the stock lose 65.52% from current levels.
Peloton Interactive Inc (PTON) estimates and forecasts
Figures show that Peloton Interactive Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 111.68% over the past 6 months, with this year growth rate of 56.95%, compared to -8.90% for the industry. Revenue growth from the last financial year stood is estimated to be -8.90%.
17 analysts offering their estimates for the company have set an average revenue estimate of 664.98M for the current quarter. 17 have an estimated revenue figure of 655.85M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -11.89% over the past 5 years.
PTON Dividends
Peloton Interactive Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Peloton Interactive Inc (NASDAQ:PTON)’s Major holders
Insiders own 0.60% of the company shares, while shares held by institutions stand at 91.22% with a share float percentage of 91.78%. Investors are also buoyed by the number of investors in a company, with Peloton Interactive Inc having a total of 463.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 42.18 million shares worth more than $142.59 million. As of 2024-06-30, MORGAN STANLEY held 11.4654% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 33.24 million shares as of 2024-06-30. The firm’s total holdings are worth over $112.36 million and represent 9.0349% of shares outstanding.
