Peloton Interactive Inc. [NASDAQ: PTON] jumped around 0.26 points on Monday, while shares priced at $101.16 at the close of the session, up 0.26%. The company report on May 25, 2021 that DOX, FGEN, GOEV, PTON SHAREHOLDERS – ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Class Action lawsuits filed on behalf of Investors, Lead Plaintiff Deadlines Set.
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending deadlines in the following securities class action lawsuits:.
Canoo Inc. (GOEV, GOEVW)Class Period: 8/18/2020 – 3/29/2021Lead Plaintiff Motion Deadline: June 1, 2021SECURITIES FRAUDTo learn more, visit https://www.ksfcounsel.com/cases/nasdaqgs-goev/.
Peloton Interactive Inc. stock is now -33.32% down from its year-to-date (YTD) trading value. PTON Stock saw the intraday high of $102.11 and lowest of $98.12 per share. The company’s 52-week high price is 171.09, which means current price is +25.70% above from all time high which was touched on 01/14/21.
Compared to the average trading volume of 13.35M shares, PTON reached a trading volume of 13120578 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $129.79 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 2.00. 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.
Telsey Advisory Group have made an estimate for Peloton Interactive Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 07, 2021. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $150 to $100. The new note on the price target was released on May 06, 2021, representing the official price target for Peloton Interactive Inc. stock. Previously, the target price had yet another raise to $164, while Credit Suisse analysts kept a Outperform rating on PTON stock. On April 06, 2021, analysts decreased their price target for PTON shares from 160 to 125.
The Average True Range (ATR) for Peloton Interactive Inc. is set at 5.70, with the Price to Sales ratio for PTON stock in the period of the last 12 months amounting to 8.14. The Price to Book ratio for the last quarter was 15.01, with the Price to Cash per share for the same quarter was set at 9.04. Price to Free Cash Flow for PTON in the course of the last twelve months was 63.62 with Quick ratio for the last quarter at 2.30.
How has PTON stock performed recently?
Peloton Interactive Inc. [PTON] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.61. With this latest performance, PTON shares gained by 0.09% in over the last four-week period, additionally sinking by -3.90% over the last 6 months – not to mention a rise of 120.83% 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 53.23, with the RSI for the last a single of trading hit 60.44, and the three-weeks RSI is set at 49.50 for Peloton Interactive Inc. [PTON]. The present Moving Average for the last 50 days of trading for this stock 103.99, while it was recorded at 98.85 for the last single week of trading, and 113.63 for the last 200 days.
Peloton Interactive Inc. [PTON]: Deeper insight into the fundamentals
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 2.30 and a Current Ratio set at 2.70.
Earnings analysis for Peloton Interactive Inc. [PTON]
With the latest financial reports released by the company, Peloton Interactive Inc. posted 0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.1/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 170.00%. 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.
Insider trade positions for Peloton Interactive Inc. [PTON]
There are presently around $21,310 million, or 78.20% of PTON stock, in the hands of institutional investors. The top three institutional holders of PTON stocks are: VANGUARD GROUP INC with ownership of 22,012,199, which is approximately 3.334% of the company’s market cap and around 0.20% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 16,149,465 shares of the stock with an approximate value of $1.63 billion in PTON stocks shares; and BLACKROCK INC., currently with $1.54 billion in PTON stock with ownership of nearly 13.279% 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 414 institutional holders increased their position in Peloton Interactive Inc. [NASDAQ:PTON] by around 34,208,792 shares. Additionally, 312 investors decreased positions by around 23,002,046 shares, while 67 investors held positions by with 153,446,644 shares. The mentioned changes placed institutional holdings at 210,657,482 shares, according to the latest SEC report filing. PTON stock had 131 new institutional investments in for a total of 8,090,271 shares, while 125 institutional investors sold positions of 4,682,268 shares during the same period.