Analyzing Stock On Your Own: Peloton Interactive Inc (NASDAQ: PTON)

Peloton Interactive Inc (NASDAQ:PTON) does about 16.35M shares in volume on a normal day but saw 9688410 shares change hands in Friday’s trading. The company now has a market cap of 1.36B USD. Its current market price is $3.66, marking a decrease of -2.14% compared to the previous close of $3.74. The 52 week high reached by this stock is $9.87 whilst the lowest price level in 52 weeks is $2.70.

Peloton Interactive Inc (PTON) has a 20-day trading average at $3.66 and the current price is -62.92% off the 52-week high compared with 35.56% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.58 and its 200-day simple moving average is $4.80. If we look at the stock’s price movements over the week, volatility stands at 4.12%, which increases to 7.68% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.34 to suggest the stock is neutral.

The consensus objective for the share price is $4.77, suggesting that the stock has a potential upside of 23.27% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 06, 2024 when Citigroup downgraded the stock to “Neutral” and issued a price target of between $8 and $4. Bernstein also downgraded the stock to “Mkt Perform” from Outperform on May 03, 2024 at a price target of $8-$3.80. Telsey Advisory Group reiterated its price target at $5-$4.

Peloton Interactive Inc (PTON) stock is up 0.55% over the week and -7.11% over the past month. Its price is -39.90% year-to-date and -54.81% over the past year.

The stock last released its quarterly earnings report for quarter ended 3/31/2024, with the company’s earnings per share (EPS) of -0.68 below consensus estimates by -0.28. The company’s next earnings report forecasts estimating quarterly EPS at -0.16 and -1.59 for whole year. Expected sales for next quarter are $611.99M, which analysts say will come at $2.69B for the current fiscal year and next year at $2.7B. In addition, estimates put the company’s current quarterly revenue at an average of $629.09M.

To reach the target analysts have set, the stock logically needs to grow 23.27 percent from here.

The company has a return on investment of -46.64% and return on equity of -847.28%. The beta has a value of 2.04. Price to sales ratio is 0.50.