Peloton Interactive Inc [PTON] stock is trading at $3.30, up 4.43%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PTON shares have gain 8.20% over the last week, with a monthly amount drifted -22.99%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Peloton Interactive Inc [NASDAQ: PTON] stock has seen the most recent analyst activity on April 29, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $4 from $5. On February 02, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $5 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $4 on November 07, 2023. Canaccord Genuity downgraded its rating to a Hold but $5 remained the price target by the analyst firm on November 02, 2023. BofA Securities downgraded its rating to Underperform for this stock on October 19, 2023, and downed its price target to $4.15. In a note dated September 25, 2023, UBS reiterated an Sell rating on this stock and revised its target price from $8 to $4.
Peloton Interactive Inc [PTON] stock has fluctuated between $2.91 and $9.87 over the past year. Currently, Wall Street analysts expect the stock to reach $25.44 within the next 12 months. Peloton Interactive Inc [NASDAQ: PTON] shares were valued at $3.30 at the most recent close of the market. An investor can expect a potential return of 670.91% based on the average PTON price forecast.
Analyzing the PTON fundamentals
Peloton Interactive Inc [NASDAQ:PTON] reported sales of 2.73B for the trailing twelve months, which represents a drop of -6.19%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.32%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is 2.7 and Total Capital is -0.42. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.19 points at the first support level, and at 3.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.37, and for the 2nd resistance point, it is at 3.44.
Ratios To Look Out For
For context, Peloton Interactive Inc’s Current Ratio is 1.92. As well, the Quick Ratio is 1.39, while the Cash Ratio is 0.93. Considering the valuation of this stock, the price to sales ratio is 0.44.
Transactions by insiders
Recent insider trading involved Coddington Elizabeth F, Chief Financial Officer, that happened on Mar 14 ’24 when 8977.0 shares were sold. Chief Content Officer, Cotter Jennifer Cunningham completed a deal on Mar 07 ’24 to sell 0.1 million shares. Meanwhile, Chief Supply Chain Officer RENDICH ANDREW S sold 0.13 million shares on Feb 26 ’24.
