During the last session, Peloton Interactive Inc (NASDAQ:PTON)’s traded shares were 16.73 million, with the beta value of the company hitting 2.21. At the end of the trading day, the stock’s price was $6.89, reflecting an intraday loss of -0.86% or -$0.06. The 52-week high for the PTON share is $10.90, that puts it down -58.2 from that peak though still a striking 60.81% gain since the share price plummeted to a 52-week low of $2.70. The company’s market capitalization is $2.69B, and the average trade volume was 13.62 million shares over the past three months.
Peloton Interactive Inc (PTON) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.71. PTON has a Sell rating from 1 analyst(s) out of 21 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.07.
Peloton Interactive Inc (NASDAQ:PTON) trade information
Peloton Interactive Inc (PTON) registered a -0.86% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.86% in intraday trading to $6.89, hitting a weekly high. The stock’s 5-day price performance is -12.56%, and it has moved by -5.87% in 30 days. Based on these gigs, the overall price performance for the year is 49.78%.
The consensus price target of analysts on Wall Street is $6.2, which implies a decrease of -11.13% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.75 and $10 respectively. As a result, PTON is trading at a discount of -45.14% off the target high and 31.06% off the low.
Peloton Interactive Inc (PTON) estimates and forecasts
In the rating firms’ projections, revenue will decrease -8.78% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 620.39M as predicted by 16 analyst(s). Meanwhile, a consensus of 16 analyst(s) estimates revenue growth to 583.43M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 717.7M and 643.6M respectively. In this case, analysts expect current quarter sales to shrink by -13.56% and then drop by -9.35% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -11.89%. While earnings are projected to return 74.22% in 2025, the next five years will return 51.36% per annum.
PTON Dividends
Peloton Interactive Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 33.24 million shares, is of VANGUARD GROUP INC’s that is approximately 9.0349% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $112.36 million.
Also, the Mutual Funds coming in first place with the largest holdings of Peloton Interactive Inc (PTON) shares are Vanguard Total Stock Market Index Fund and Hennessy Cornerstone Mid Cap 30 Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 10.5 shares. This amounts to just over 2.81 percent of the company’s overall shares, with a $72.36 million market value. The same data shows that the other fund manager holds slightly less at 9.8, or about 2.62% of the stock, which is worth about $67.52 million.
