Peloton Interactive Inc (NASDAQ: PTON) is -47.45% lower on its value in year-to-date trading and has touched a low of $2.70 and a high of $7.49 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 $3.23 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $3.20, the stock is -1.46% and -7.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.0 million and changing -0.93% at the moment leaves the stock -26.96% off its SMA200. PTON registered -54.35% loss for a year compared to 6-month loss of -26.44%.
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
Sponsored
The stock witnessed a -11.85% gain in the last 1 month and extending the period to 3 months gives it a -18.16%, and is 5.96% up 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 7.34% over the week and 6.48% over the month.
Peloton Interactive Inc (PTON) has around 6262 employees, a market worth around $1.19B and $2.70B in sales. Profit margin for the company is -28.28%. Distance from 52-week low is 18.52% and -57.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.64%).
The EPS is expected to grow by 57.26% this year.
Peloton Interactive Inc (PTON) Top Institutional Holders
477.0 institutions hold shares in Peloton Interactive Inc (PTON), with institutional investors hold 94.21% of the company’s shares. The shares outstanding are 338.75M, and float is at 314.22M with Short Float at 22.11%. Institutions hold 92.41% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 40.76 million shares valued at $174.66 million. The investor’s holdings represent 11.0785 of the PTON Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 31.55 million shares valued at $135.21 million to account for 8.5763 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 26.28 million shares representing 7.1428 and valued at over $112.61 million, while BLACKROCK INC. holds 4.6829 of the shares totaling 17.23 million with a market value of $73.83 million.
Peloton Interactive Inc (PTON) Insider Activity
The most recent transaction is an insider sale by Cotter Jennifer Cunningham, the company’s Chief Content Officer. SEC filings show that Cotter Jennifer Cunningham sold 47,327 shares of the company’s common stock on Aug 19 ’24 at a price of $3.21 per share for a total of $0.15 million. Following the sale, the insider now owns 0.1 million shares.
Peloton Interactive Inc disclosed in a document filed with the SEC on Aug 19 ’24 that RENDICH ANDREW S (Chief Supply Chain Officer) sold a total of 24,265 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $3.21 per share for $77929.0. Following the transaction, the insider now directly holds 0.16 million shares of the PTON stock.
Still, SEC filings show that on Aug 19 ’24, JENNIFER CUNNINGHAM COTTER (Officer) Proposed Sale 47,327 shares at an average price of $3.21 for $0.15 million. The insider now directly holds shares of Peloton Interactive Inc (PTON).
