In the latest trading session, 1.72 million Peloton Interactive Inc (NASDAQ:PTON) shares changed hands as the company’s beta touched 2.25. With the company’s most recent per share price at $4.98 changed hands at -$0.05 or -1.04% at last look, the market valuation stands at $1.94B. PTON’s current price is a discount, trading about -118.88% off its 52-week high of $10.90. The share price had its 52-week low at $2.70, which suggests the last value was 45.78% up since then. When we look at Peloton Interactive Inc’s average trading volume, we note the 10-day average is 12.23 million shares, with the 3-month average coming to 14.99 million.
Analysts gave the Peloton Interactive Inc (PTON) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.59. If we narrow down to specifics, the data shows that 1 out of 21 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended PTON as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight. Peloton Interactive Inc’s EPS for the current quarter is expected to be -0.07.
Peloton Interactive Inc (NASDAQ:PTON) trade information
Instantly PTON was in red as seen in intraday trades today. With action -21.24%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -42.78%, with the 5-day performance at -21.24% in the red. However, in the 30-day time frame, Peloton Interactive Inc (NASDAQ:PTON) is -19.84% down. Looking at the short shares, we see there were 54.71 million shares sold at short interest cover period of 3.29 days.
The consensus price target for the stock as assigned by Wall Street analysts is 8.1, meaning bulls need an upside of 38.52% from its recent market value. According to analyst projections, PTON’s forecast low is 6.2 with 10 as the target high. To hit the forecast high, the stock’s price needs a -100.8% plunge from its current level, while the stock would need to soar -24.5% for it to hit the projected low.
Peloton Interactive Inc (PTON) estimates and forecasts
Year-over-year growth is forecast to reach -8.87% down from the last financial year.
Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 621.35M. 17 analysts are of the opinion that Peloton Interactive Inc’s revenue for the current quarter will be 583.95M. The company’s revenue for the corresponding quarters a year ago was 717.7M and 643.6M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.42%. The estimates for the next quarter sales put growth at -9.27%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -11.89%. The 2025 estimates are for Peloton Interactive Inc earnings to increase by 74.33%, but the outlook for the next 5-year period is at 54.40% per year.
Peloton Interactive Inc (NASDAQ:PTON)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.79% of Peloton Interactive Inc shares while 93.83% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 94.58%. There are 93.83% institutions holding the Peloton Interactive Inc stock share, with MORGAN STANLEY the top institutional holder. As of 2024-06-30, the company held 11.2933% of the shares, roughly 42.18 million PTON shares worth $142.59 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.0349% or 33.24 million shares worth $112.36 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Hennessy Funds Trust-Hennessy Cornerstone Mid Cap 30 Fund. With 10.98 shares estimated at $58.32 million under it, the former controlled 2.94% of total outstanding shares. On the other hand, Hennessy Funds Trust-Hennessy Cornerstone Mid Cap 30 Fund held about 2.72% of the shares, roughly 10.18 shares worth around $54.03 million.
