Peloton Interactive Inc. [NASDAQ: PTON] closed the trading session at $118.43 on 07/19/21. The day’s price range saw the stock hit a low of $109.665, while the highest price level was $118.67. The company report on June 29, 2021 that (PTON) Long-Term Investor Alert: Did You Acquire Peloton Before September 11, 2020? Should Management be Held Accountable for Investors Losses?.
Johnson Fistel, LLP is investigating potential claims on behalf of Peloton Interactive, Inc. (“Peloton” or the “Company”) (NASDAQ: PTON) against certain of its current and former officers and directors.
Recently a class action lawsuit was filed in federal court against the Company on behalf of purchasers of the securities of Peloton from September 11, 2020 and May 5, 2021 (the “Class Period”).
The stocks have a year to date performance of -21.94 percent and weekly performance of -1.56 percent. The stock has been moved at -24.95 percent over the last six months. The stock has performed 8.84 percent around the most recent 30 days and changed 9.91 percent over the most recent 3-months.
If compared to the average trading volume of 13.54M shares, PTON reached to a volume of 9150156 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 $131.38 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.
Wedbush have made an estimate for Peloton Interactive Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 14, 2021. While these analysts kept the previous recommendation, Truist raised their target price from $125 to $140. The new note on the price target was released on July 01, 2021, representing the official price target for Peloton Interactive Inc. stock. Previously, the target price had yet another raise from $100 to $118, while BofA Securities kept a Neutral rating on PTON stock.
The Average True Range (ATR) for Peloton Interactive Inc. is set at 5.49, with the Price to Sales ratio for PTON stock in the period of the last 12 months amounting to 9.62. The Price to Book ratio for the last quarter was 17.57, with the Price to Cash per share for the same quarter was set at 8.95. Price to Free Cash Flow for PTON in the course of the last twelve months was 75.25 with Quick ratio for the last quarter at 2.30.
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 -1.56. With this latest performance, PTON shares gained by 8.84% in over the last four-week period, additionally sinking by -24.95% over the last 6 months – not to mention a rise of 102.34% 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 53.55, with the RSI for the last a single of trading hit 52.78, and the three-weeks RSI is set at 53.88 for Peloton Interactive Inc. [PTON]. The present Moving Average for the last 50 days of trading for this stock 109.23, while it was recorded at 114.67 for the last single week of trading, and 120.10 for the last 200 days.
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 -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.
Peloton Interactive Inc. [PTON]: Insider Ownership positions
There are presently around $25,216 million, or 78.10% 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 0.60% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 16,149,465 shares of the stock with an approximate value of $1.91 billion in PTON stocks shares; and BLACKROCK INC., currently with $1.8 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 September and at the time of the September reporting period, where 413 institutional holders increased their position in Peloton Interactive Inc. [NASDAQ:PTON] by around 36,399,002 shares. Additionally, 311 investors decreased positions by around 23,022,029 shares, while 75 investors held positions by with 153,501,917 shares. The mentioned changes placed institutional holdings at 212,922,948 shares, according to the latest SEC report filing. PTON stock had 133 new institutional investments in for a total of 10,260,576 shares, while 124 institutional investors sold positions of 4,729,651 shares during the same period.