Peloton Interactive Inc (NASDAQ:PTON)’s traded shares stood at 6.07 million during the latest session, with the company’s beta value hitting 1.93. At the last check today, the stock’s price was $10.48, to imply an increase of 8.65% or $0.83 in intraday trading. The PTON share’s 52-week high remains $10.40, putting it 0.76% up since that peak but still an impressive 74.24% since price per share fell to its 52-week low of $2.70. The company has a valuation of $4.00B, with an average of 15.61 million shares in intraday trading volume over the past 10 days and average of 17.11 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Peloton Interactive Inc (PTON), translating to a mean rating of 2.77. Of 21 analyst(s) looking at the stock, 1 analyst(s) give PTON a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 13 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.18.
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Peloton Interactive Inc (NASDAQ:PTON) trade information
After registering a 8.65% upside in the latest session, Peloton Interactive Inc (PTON) has traded red over the past five days. The 5-day price performance for the stock is 1.40%, and 32.21% over 30 days. With these gigs, the year-to-date price performance is 72.16%. Short interest in Peloton Interactive Inc (NASDAQ:PTON) saw shorts transact 59.95 million shares and set a 2.43 days time to cover.
The extremes give us $3.25 and $10 for target low and target high price respectively. As such, PTON has been trading 4.58% off suggested target high and 68.99% from its likely low.
Peloton Interactive Inc (PTON) estimates and forecasts
Looking at statistics comparing Peloton Interactive Inc share performance against respective industry, we note that the company has outperformed competitors. Peloton Interactive Inc (PTON) shares are 186.46% up over the last 6 months, with its year-to-date growth rate higher than industry average at 74.83% against 1.60%. The rating firms project that company’s revenue will shrink -8.51% compared to the previous financial year.
Revenue forecast for the current quarter as set by 16 analysts is 653.3M. Meanwhile, for the current quarter, a total of 16 analyst(s) estimate revenue growth to 652.23M.Earnings reports from the last fiscal year show that sales brought in 743.6M and 717.7M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -12.14% before dropping -9.12% in the following quarter.
PTON Dividends
Peloton Interactive Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Peloton Interactive Inc (NASDAQ:PTON)’s Major holders
Peloton Interactive Inc insiders hold 0.77% of total outstanding shares, with institutional holders owning 87.68% of the shares at 88.36% float percentage. In total, 87.68% institutions holds shares in the company, led by MORGAN STANLEY. As of 2024-06-30, the company held over 42.18 million shares (or 11.4654% of shares), all amounting to roughly $142.59 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 33.24 million shares, or about 9.0349% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $112.36 million.
