Peloton Interactive Inc (NASDAQ: PTON) is -21.67% lower on its value in year-to-date trading and has touched a low of $2.70 and a high of $7.24 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 $4.57 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $4.77, the stock is 25.74% and 31.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.55 million and changing 4.38% at the moment leaves the stock 9.59% off its SMA200. PTON registered -27.62% loss for a year compared to 6-month loss of 8.41%.
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The stock witnessed a 55.37% gain in the last 1 month and extending the period to 3 months gives it a 26.19%, and is 5.30% 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 6.90% over the week and 8.80% over the month.
Peloton Interactive Inc (PTON) has around 2918 employees, a market worth around $1.80B and $2.70B in sales. Profit margin for the company is -20.44%. Distance from 52-week low is 76.67% and -34.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-37.44%).
The EPS is expected to grow by 60.53% this year
480.0 institutions hold shares in Peloton Interactive Inc (PTON), with institutional investors hold 92.77% of the company’s shares. The shares outstanding are 358.12M, and float is at 319.22M with Short Float at 20.43%. Institutions hold 90.98% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 42.18 million shares valued at $142.59 million. The investor’s holdings represent 11.4654 of the PTON Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.24 million shares valued at $112.36 million to account for 9.0349 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 26.71 million shares representing 7.2596 and valued at over $90.28 million, while CAPITAL WORLD INVESTORS holds 7.1428 of the shares totaling 26.28 million with a market value of $88.83 million.
Peloton Interactive Inc (PTON) Insider Activity
The most recent transaction is an insider sale by Coddington Elizabeth F, the company’s Chief Financial Officer. SEC filings show that Coddington Elizabeth F sold 56,084 shares of the company’s common stock on Sep 03 ’24 at a price of $4.50 per share for a total of $0.25 million. Following the sale, the insider now owns 0.19 million shares.
Still, SEC filings show that on Aug 23 ’24, Caldwell Nick V. (Chief Product Officer) acquired 31,337 shares at an average price of $4.25 for $0.13 million. The insider now directly holds 31,337 shares of Peloton Interactive Inc (PTON).
