Peloton Interactive Inc (NASDAQ: PTON) is -29.06% lower on its value in year-to-date trading and has touched a low of $3.96 and a high of $12.02 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PTON stock was last observed hovering at around $4.35 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $4.32, the stock is -3.79% and -14.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.77 million and changing -0.69% at the moment leaves the stock -29.80% off its SMA200. PTON registered -60.40% loss for a year compared to 6-month loss of -16.12%. The firm has a 50-day simple moving average (SMA 50) of $1.17 and a 200-day simple moving average (SMA200) of -$4.95.
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The stock witnessed a -8.28% gain in the last 1 month and extending the period to 3 months gives it a -27.27%, and is -7.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.73% over the week and 5.73% over the month.
Peloton Interactive Inc (PTON) has around 6262 employees, a market worth around $1.58B and $2.73B in sales. Profit margin for the company is -31.94%. Distance from 52-week low is 9.09% and -64.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-49.85%).
Peloton Interactive Inc quarterly earnings per share for the current quarter are estimated at -$0.37 with sales reaching $720.07M over the same period.The EPS is expected to grow by 58.75% this year, but quarterly earnings will post -3.30% year-over-year.
Peloton Interactive Inc (PTON) Top Institutional Holders
501 institutions hold shares in Peloton Interactive Inc (PTON), with institutional investors hold 83.69% of the company’s shares. The shares outstanding are 338.75M, and float is at 324.60M with Short Float at 13.87%. Institutions hold 82.18% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 29.36 million shares valued at $225.74 million. The investor’s holdings represent 8.66% of the PTON Shares outstanding. As of Jun 29, 2023, the second largest holder is Morgan Stanley with 29.21 million shares valued at $224.66 million to account for 8.62% of the shares outstanding. The other top investors are Capital World Investors which holds 22.34 million shares representing 6.59% and valued at over $171.76 million, while Price (T.Rowe) Associates Inc holds 6.17% of the shares totaling 20.91 million with a market value of $160.8 million.
Peloton Interactive Inc (PTON) Insider Activity
The most recent transaction is an insider sale by Coddington Elizabeth F,the company’sChief Financial Officer. SEC filings show that Coddington Elizabeth F sold 8,977 shares of the company’s common stock on Mar 14 ’24 at a price of $4.34 per share for a total of $38975.0. Following the sale, the insider now owns 0.1 million shares.
Peloton Interactive Inc disclosed in a document filed with the SEC on Mar 07 ’24 that Cotter Jennifer Cunningham (Chief Content Officer) sold a total of 104,620 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $4.43 per share for $0.46 million. Following the transaction, the insider now directly holds 32363.0 shares of the PTON stock.
Still, SEC filings show that on Feb 26 ’24, RENDICH ANDREW S (Chief Supply Chain Officer) disposed off 125,840 shares at an average price of $4.49 for $0.56 million. The insider now directly holds 47,690 shares of Peloton Interactive Inc (PTON).
