The stock of Peloton Interactive Inc (NASDAQ:PTON) last traded at $4.17, down -0.71% from the previous session.
PTON stock price is now -13.60% away from the 50-day moving average and -31.06% away from the 200-day moving average. The market capitalization of the company currently stands at $1.53B.
On February 02, 2024, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $6 to quote $5, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, Coddington Elizabeth F, Chief Financial Officer sold 8,977 shares of the company’s stock on Mar 14 ’24. The stock was sold for $38,975 at an average price of $4.34. Upon completion of the transaction, the Chief Financial Officer now directly owns 104,428 shares in the company, valued at $0.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07 ’24, Chief Content Officer Cotter Jennifer Cunningham sold 104,620 shares of the business’s stock. A total of $463,540 was realized by selling the stock at an average price of $4.43. This leaves the insider owning 32,363 shares of the company worth $0.13 million. A total of 11.53% of the company’s stock is owned by insiders.
During the past 12 months, Peloton Interactive Inc has had a low of $3.96 and a high of $12.02. The fifty day moving average price for PTON is $4.8264 and a two-hundred day moving average price translates $6.0491 for the stock.
The latest earnings results from Peloton Interactive Inc (NASDAQ: PTON) was released for Dec, 2023. According to the Leisure Company, earnings per share came in at -$0.54, missing analysts’ expectations of -$0.53 by -0.01. This compares to -$0.98 EPS in the same period last year. The net profit margin was -31.94% and return on equity was -847.28% for PTON. The company reported revenue of $743.6 million for the quarter, compared to $792.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.19 percent. For the current quarter, analysts expect PTON to generate $720.52M in revenue.
Peloton Interactive Inc(PTON) Company Profile
Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.
