Peloton Interactive Inc [PTON] stock is trading at $10.34, up 6.27%. 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 14.13% over the last week, with a monthly amount glided 55.49%, and 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 November 04, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $9 from $3.75. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on November 01, 2024, and elevated its price target to $9. On August 23, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $5 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $5 on August 23, 2024. Wolfe Research initiated its recommendation with a Peer Perform. Citigroup downgraded its rating to Neutral for this stock on May 06, 2024, and downed its price target to $4. In a note dated May 03, 2024, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $8 to $3.80.
Peloton Interactive Inc [PTON] stock has fluctuated between $2.70 and $10.10 over the past year. Currently, Wall Street analysts expect the stock to reach $20.04 within the next 12 months. Peloton Interactive Inc [NASDAQ: PTON] shares were valued at $10.34 at the most recent close of the market. An investor can expect a potential return of 93.81% based on the average PTON price forecast.
Analyzing the PTON fundamentals
Peloton Interactive Inc [NASDAQ:PTON] reported sales of 2.69B for the trailing twelve months, which represents a drop of -1.60%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is 0.75 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.27.
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 9.94 points at the first support level, and at 9.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.57, and for the 2nd resistance point, it is at 10.79.
Ratios To Look Out For
For context, Peloton Interactive Inc’s Current Ratio is 2.01. As well, the Quick Ratio is 1.49, while the Cash Ratio is 1.13. Considering the valuation of this stock, the price to sales ratio is 1.56.
Transactions by insiders
Recent insider trading involved Thomas-Graham Pamela, Director, that happened on Nov 21 ’24 when 26630.0 shares were sold. Director, PAMELA THOMAS-GRAHAM completed a deal on Nov 21 ’24 to buy 26630.0 shares. Meanwhile, Chief Supply Chain Officer RENDICH ANDREW S sold 24003.0 shares on Nov 20 ’24.
