Tuesday, September 22, 2020

Peloton Interactive Inc. [PTON] Revenue clocked in at $1.44 billion, up 67.75% YTD: What’s Next?

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Peloton Interactive Inc. [NASDAQ: PTON] surged by $2.86 during the normal trading session on Tuesday and reaching a high of $48.05 during the day while it closed the day at $47.64. Peloton Interactive Inc. stock has also loss -2.80% of its value over the past 7 days. However, PTON stock has inclined by 107.40% in the 3 months of the year. Over the past six months meanwhile, it has gained 46.00% and gained 67.75% year-on date.

The market cap for PTON stock reached $14.08 billion, with 280.88 million shares outstanding and 205.91 million shares in the current float. Compared to the average trading volume of 10.09M shares, PTON reached a trading volume of 7658430 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Peloton Interactive Inc. [PTON]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PTON shares is $51.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PTON stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA/Merrill have made an estimate for Peloton Interactive Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2020. While these analysts kept the previous recommendation, Oppenheimer raised their target price from $46 to $50. The new note on the price target was released on May 27, 2020, representing the official price target for Peloton Interactive Inc. stock. Previously, the target price had yet another raise from $52 to $60, while SunTrust kept a Buy rating on PTON stock. On May 13, 2020, analysts increased their price target for PTON shares from 38 to 55.

The Average True Range (ATR) for Peloton Interactive Inc. is set at 3.18, with the Price to Sales ratio for PTON stock in the period of the last 12 months amounting to 9.76. The Price to Book ratio for the last quarter was 8.82, with the Price to Cash per share for the same quarter was set at 4.85.

PTON stock trade performance evaluation

Peloton Interactive Inc. [PTON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.80. With this latest performance, PTON shares gained by 10.79% in over the last four-week period, additionally plugging by 46.00% over the last 6 months .

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PTON stock in for the last two-week period is set at 60.97, with the RSI for the last a single of trading hit 60.30, and the three-weeks RSI is set at 61.03 for Peloton Interactive Inc. [PTON]. The present Moving Average for the last 50 days of trading for this stock 37.51, while it was recorded at 46.81 for the last single week of trading.

Peloton Interactive Inc. [PTON]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Peloton Interactive Inc. [PTON] shares currently have an operating margin of -22.10 and a Gross Margin at +40.92. Peloton Interactive Inc.’s Net Margin is presently recorded at -26.85.

Return on Total Capital for PTON is now -63.16, given the latest momentum, and Return on Invested Capital for the company is -76.75. Return on Equity for this stock declined to -99.64, with Return on Assets sitting at -43.27. When it comes to the capital structure of this company, Peloton Interactive Inc. [PTON] has a Total Debt to Total Equity ratio set at 36.55. Additionally, PTON Total Debt to Total Capital is recorded at 26.76, with Total Debt to Total Assets ending up at 17.02.

Reflecting on the efficiency of the workforce at the company, Peloton Interactive Inc. [PTON] managed to generate an average of -$125,742 per employee. Receivables Turnover for the company is 65.59 with a Total Asset Turnover recorded at a value of 1.61.Peloton Interactive Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.00 and a Current Ratio set at 3.30.

Earnings per share (EPS) analysis for Peloton Interactive Inc. [PTON] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PTON. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Peloton Interactive Inc. go to -6.10%.

Peloton Interactive Inc. [PTON]: Insider Ownership positions

There are presently around $5,276 million, or 57.10% of PTON stock, in the hands of institutional investors. The top three institutional holders of PTON stocks are: BAILLIE GIFFORD & CO with ownership of 17,465,459, which is approximately 27.106% of the company’s market cap and around 2.50% of the total institutional ownership; WELLINGTON MANAGEMENT GROUP LLP, holding 9,355,723 shares of the stock with an approximate value of $418.95 million in PTON stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $360.95 million in PTON stock with ownership of nearly 478.068% of the company’s market capitalization.

Positions in Peloton Interactive Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 189 institutional holders increased their position in Peloton Interactive Inc. [NASDAQ:PTON] by around 59,603,594 shares. Additionally, 60 investors decreased positions by around 11,634,221 shares, while 27 investors held positions by with 46,575,644 shares. The mentioned changes placed institutional holdings at 117,813,459 shares, according to the latest SEC report filing. PTON stock had 103 new institutional investments in for a total of 21,779,612 shares, while 41 institutional investors sold positions of 7,436,435 shares during the same period.

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