Peloton Interactive Inc (NASDAQ:PTON) traded at $3.16 at close of the session on Friday, April 26, made an upward move of 4.29% on its previous day’s price.
Looking at the stock we see that its previous close was $3.03 . In terms of its 52-week price range, PTON has a high of $9.87 and a low of $2.91. The company’s stock has lost about -28.51% over that past 30 days.
Peloton Interactive Inc has a market cap of $1.16 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.36, with the EPS growth for the year raised at -$1.53 for 2024 and -$1.14 for next year. These figures represent 58.00% and 25.50% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $720.52 million, with a low of $700.3 million and a high of $790 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $2.71 billion, or -3.30% down from figures reported last year.
On the other hand, looking at the outlook for the PTON stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -10.40% off its SMA20 and -22.47% from its 50-day simple moving average. The RSI (14) is pointing at 35.23 while the volatility over the past week is 6.26% and jumps to 6.20% over the past one month. The beta value is 2.02, while the average true range (ATR) is currently pointing at 0.23.
Coming back to Peloton Interactive Inc (NASDAQ:PTON), we note that the average 3-month trading volume was 13.10 million. Current shares outstanding are 338.75 million.
The insiders hold 11.51% of the company’s shares while institutions hold 74.73%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -48.11% down in year-to-date price movement.
