Peloton Interactive Inc [PTON] stock is trading at $3.59, up 3.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The PTON shares have gain 6.21% over the last week, with a monthly amount drifted -5.03%, 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 May 06, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $4 from $8. Previously, Bernstein downgraded its rating to Mkt Perform on May 03, 2024, and dropped its price target to $3.80. On April 29, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $4 on the stock. Telsey Advisory Group reiterated its recommendation of a Market Perform and reduced its price target to $5 on February 02, 2024. Deutsche Bank downgraded its rating to Hold for this stock on November 07, 2023, and downed its price target to $4. In a note dated November 02, 2023, Canaccord Genuity downgraded an Hold rating on this stock but restated the target price of $5.
Peloton Interactive Inc [PTON] stock has fluctuated between $2.70 and $9.87 over the past year. Currently, Wall Street analysts expect the stock to reach $25.34 within the next 12 months. Peloton Interactive Inc [NASDAQ: PTON] shares were valued at $3.59 at the most recent close of the market. An investor can expect a potential return of 605.85% based on the average PTON price forecast.
Analyzing the PTON fundamentals
Peloton Interactive Inc [NASDAQ:PTON] reported sales of 2.70B for the trailing twelve months, which represents a drop of -4.17%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at -0.28%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is 1.74 and Total Capital is -0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.0.
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 3.48 points at the first support level, and at 3.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.65, and for the 2nd resistance point, it is at 3.71.
Ratios To Look Out For
For context, Peloton Interactive Inc’s Current Ratio is 1.91. On the other hand, the Quick Ratio is 1.43, and the Cash Ratio is 1.07. Considering the valuation of this stock, the price to sales ratio is 0.49.
Transactions by insiders
Recent insider trading involved Bruzzo Chris, Interim Co-CEO and President, that happened on Jul 01 ’24 when 14879.0 shares were sold. Interim Co-CEO and President, Boone Karen completed a deal on Jul 01 ’24 to sell 14841.0 shares. Meanwhile, Chief Financial Officer Coddington Elizabeth F sold 8923.0 shares on Jun 14 ’24.
