Peloton Interactive Inc (NASDAQ:PTON) price is hovering lower on Tuesday, April 16, dropping -4.71% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $3.29. Taking into account the 52-week price action we note that the stock hit a 52-week high of $10.13 and 52-week low of $3.27. The stock subtracted -27.43% on its value in the past month.
Peloton Interactive Inc, which has a market valuation of $1.15 billion. Analysts tracking PTON have forecast the quarterly EPS to shrink by -0.36 per share this quarter, while the same analysts predict the annual EPS to hit -$1.53 for the year 2024 and up to -$1.14 for 2025. In this case, analysts estimate an annual EPS growth of 58.00% for the year and 25.50% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $720.52 million, with the likely lows of $700.3 million and highs of $790 million. Staying with the analyst view, there is a consensus estimate of $2.71 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow -3.30% below that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give PTON a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that PTON’s price is at present -22.03% off the SMA20 and -26.96% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 28.33, with weekly volatility standing at 6.97%. The indicator jumps to 5.90% when calculated based on the past 30 days. Peloton Interactive Inc (NASDAQ:PTON)’s beta value is holding at 2.00, while the average true range (ATR) indicator is currently reading 0.26.
An analysis of the Peloton Interactive Inc (NASDAQ:PTON) stock in terms of its daily trading volume indicates that the 3-month average is 13.08 million.
Current records show that the company has 338.75M in outstanding shares. The insiders’ percentage holdings are 11.53% of outstanding shares while the percentage share held by institutions stands at 74.41%. But the -48.52% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
