Peloton Interactive Inc (NASDAQ:PTON) has a beta value of -35.49% and has seen 14.24 shares traded in the last trading session. The company, currently valued at $2.46B, closed the last trade at $6.22 per share which meant it lost -$2.64 on the day or 6.18% during that session. The PTON stock price is -75.24% off its 52-week high price of $10.90 and 54.5% above the 52-week low of $2.83. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.95 million shares traded. The 3-month trading volume is 0.92 shares.
The consensus among analysts is that Peloton Interactive Inc (PTON) is Buy stock at the moment, with a recommendation rating of 40.47. 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.
Peloton Interactive Inc (NASDAQ:PTON) trade information
Sporting 6.18% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PTON stock price touched $6.22 or saw a rise of 16.17%. Year-to-date, Peloton Interactive Inc shares have moved 56.46%, while the 5-day performance has seen it change -15.57%. Over the past 30 days, the shares of Peloton Interactive Inc (NASDAQ:PTON) have changed -8.04%. Short interest in the company has seen 66.77 million shares shorted with days to cover at 4.28.
Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could jump 37.8% 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 -2633.12% off the targeted high while a plunge would see the stock lose 59.81% from current levels.
Peloton Interactive Inc (PTON) estimates and forecasts
The company’s shares have lost -39.71% over the past 6 months.
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 -32.91% -11.89% over the past 5 years. Earnings growth for 2025 is a modest 72.33% while over the next 5 years, the company’s earnings are expected to increase by 59.80%.
PTON Dividends
Peloton Interactive Inc is expected to release its next earnings report on 2025-May-08 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 0.80% of the company shares, while shares held by institutions stand at 92.35% with a share float percentage of 93.09%. Investors are also buoyed by the number of investors in a company, with Peloton Interactive Inc having a total of 569.0 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 11.5403% 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 8.8992% of shares outstanding.
