rts logo

What should you know before buying stock in Peloton Interactive Inc (PTON)

Peloton Interactive Inc (NASDAQ: PTON) is -33.33% 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 $4.28 in the last trading session, with the day’s loss setting it -0.22%.

Currently trading at $4.06, the stock is -7.34% and -13.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.27 million and changing -5.14% at the moment leaves the stock -31.66% off its SMA200. PTON registered -61.59% loss for a year compared to 6-month loss of -19.60%. The firm has a 50-day simple moving average (SMA 50) of $1.13 and a 200-day simple moving average (SMA200) of -$4.80.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a -11.74% gain in the last 1 month and extending the period to 3 months gives it a -33.33%, and is -2.64% 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 5.30% over the week and 5.81% over the month.

Peloton Interactive Inc (PTON) has around 6262 employees, a market worth around $1.49B and $2.73B in sales. Profit margin for the company is -31.94%. Distance from 52-week low is 2.53% and -66.23% 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 -$0.36 with sales reaching $720.52M over the same period.The EPS is expected to grow by 58.74% this year, but quarterly earnings will post -3.30% year-over-year.

Peloton Interactive Inc (PTON) Top Institutional Holders

500 institutions hold shares in Peloton Interactive Inc (PTON), with institutional investors hold 83.70% of the company’s shares. The shares outstanding are 338.75M, and float is at 324.58M with Short Float at 14.73%. 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).

Related Posts