Peloton Interactive Inc. [PTON] Is Currently 14.47 below its 200 Period Moving Avg: What Dose This Mean?

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Peloton Interactive Inc. [NASDAQ: PTON] gained 14.47% on the last trading session, reaching $116.02 price per share at the time. The company report on February 23, 2021 that Peloton Interactive, Inc. Announces Participation in the JMP Securities Technology Conference.

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Peloton Interactive, Inc. (Nasdaq: PTON) announced that the Company will be participating in the JMP Securities Technology Conference on Monday, March 1, 2021, at 1:30 PM ET. Attending for Peloton will be Jill Woodworth, Chief Financial Officer.

The audio portion of the presentation will be webcast live over the internet and can be accessed at https://investor.onepeloton.com. An online archive will be available for a period of 90 days following the presentation.

Peloton Interactive Inc. represents 292.46 million in outstanding shares, while the company has a total market value of $34.04 billion with the latest information. PTON stock price has been found in the range of $106.29 to $116.46.

If compared to the average trading volume of 9.39M shares, PTON reached a trading volume of 10975530 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $166.35 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 1.90. 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.

MKM Partners have made an estimate for Peloton Interactive Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 08, 2021. While these analysts kept the previous recommendation, Needham raised their target price from $140 to $180. The new note on the price target was released on February 05, 2021, representing the official price target for Peloton Interactive Inc. stock. On January 19, 2021, analysts increased their price target for PTON shares from 115 to 124.

The Average True Range (ATR) for Peloton Interactive Inc. is set at 9.98, with the Price to Sales ratio for PTON stock in the period of the last 12 months amounting to 11.52. The Price to Book ratio for the last quarter was 17.61, with the Price to Cash per share for the same quarter was set at 7.19. Price to Free Cash Flow for PTON in the course of the last twelve months was 54.33 with Quick ratio for the last quarter at 1.70.

Trading performance analysis for PTON stock

Peloton Interactive Inc. [PTON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.65. With this latest performance, PTON shares dropped by -21.77% in over the last four-week period, additionally plugging by 43.89% over the last 6 months – not to mention a rise of 399.87% in the past year of trading.

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 41.86, with the RSI for the last a single of trading hit 44.39, and the three-weeks RSI is set at 42.36 for Peloton Interactive Inc. [PTON]. The present Moving Average for the last 50 days of trading for this stock 142.50, while it was recorded at 107.07 for the last single week of trading, and 100.93 for the last 200 days.

Peloton Interactive Inc. [PTON]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Peloton Interactive Inc. [PTON] shares currently have an operating margin of -1.12 and a Gross Margin at +44.72. Peloton Interactive Inc.’s Net Margin is presently recorded at -3.92.

Return on Total Capital for PTON is now -1.50, given the latest momentum, and Return on Invested Capital for the company is -5.23. Return on Equity for this stock declined to -6.88, with Return on Assets sitting at -3.72. When it comes to the capital structure of this company, Peloton Interactive Inc. [PTON] has a Total Debt to Total Equity ratio set at 30.29. Additionally, PTON Total Debt to Total Capital is recorded at 23.25, with Total Debt to Total Assets ending up at 17.04. Long-Term Debt to Equity for the company is recorded at 30.29, with the Long-Term Debt to Total Capital now at 23.25.

Reflecting on the efficiency of the workforce at the company, Peloton Interactive Inc. [PTON] managed to generate an average of -$19,383 per employee. Receivables Turnover for the company is 68.77 with a Total Asset Turnover recorded at a value of 0.95.Peloton Interactive Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 2.10.

Peloton Interactive Inc. [PTON]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Peloton Interactive Inc. posted -0.2/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -11.10%. 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%.

An analysis of insider ownership at Peloton Interactive Inc. [PTON]

There are presently around $23,636 million, or 77.30% of PTON stock, in the hands of institutional investors. The top three institutional holders of PTON stocks are: VANGUARD GROUP INC with ownership of 21,302,071, which is approximately 25.182% of the company’s market cap and around 0.30% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 15,983,896 shares of the stock with an approximate value of $1.85 billion in PTON stocks shares; and BLACKROCK INC., currently with $1.56 billion in PTON stock with ownership of nearly 59.315% of the company’s market capitalization.

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Positions in Peloton Interactive Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 438 institutional holders increased their position in Peloton Interactive Inc. [NASDAQ:PTON] by around 49,346,894 shares. Additionally, 248 investors decreased positions by around 25,734,687 shares, while 52 investors held positions by with 128,638,689 shares. The mentioned changes placed institutional holdings at 203,720,270 shares, according to the latest SEC report filing. PTON stock had 218 new institutional investments in for a total of 12,978,159 shares, while 71 institutional investors sold positions of 2,800,730 shares during the same period.

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