Peloton Interactive Inc (NASDAQ:PTON) currently has a daily average trading volume of 15.70M but it saw 34144882 shares traded in last market. With a market cap of 2.36B USD, the company’s current market price of $6.27 came rising about 10.97 while comparing to the previous closing price of $5.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.24 and as low as $2.70. In the recent trading on the day, stock has struck highest price mark of $5.55 while lowest mark touched by it was $6.32.
Taking a look at 20-day trading activity of Peloton Interactive Inc (PTON) gives us an average price of $5.03, while its current price level is -13.40% below from 52-week high level whereas it is 132.22% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.63 while that of 200 days or SMA-200 reads an average of $4.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.62% during that period while stretching the period over a month that decreases to 7.73%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 70.95 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which reiterated the stock as “Market Perform” in its note to investors issued on August 23, 2024, recommending a price target of between $4 and $5 for it. JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on August 23, 2024 while assigning a price target range of $7-$5.
Over the week, PTON’s stock price is moving 19.20% up while it is 21.28% when we observe its performance for the past one month. Year-to-date it is 2.96% up and over the past year, the stock is showing an upside performance of 33.40%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.44 beaten by the consensus estimate of -0.35 for the same. The company is expected to be releasing its next quarterly report on 2024-Oct-31, for which analysts forecasted an EPS of -0.16 while estimate for next year EPS is -0.58. In next quarter, company is expected to be making quarterly sales of $671.35M as analysts are expecting the sales for current fiscal year at $2.47B and seeing the company making $2.49B in sales next year. Moreover, analysts are in estimates of $574.84M for current-quarter revenue.
Currently, Peloton Interactive Inc’s total number of outstanding shares is 358.12M. Company’s return on investment (ROI) stands at -37.44%. Stock’s beta reads 2.05. Stock has a price to sale or P/S ratio amounts to 0.87. Its return on asset (ROA) is -22.28% on average.
