With 37.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 19.31 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $8.025 whereas the lowest price it dropped to was $7.37. The 52-week range on PTON shows that it touched its highest point at $8.92 and its lowest point at $2.70 during that stretch. It currently has a 1-year price target of $8.12. Beta for the stock currently stands at 1.87.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PTON was up-trending over the past week, with a rise of 12.98%, but this was up by 67.25% over a month. Three-month performance surged to 162.33% while six-month performance rose 87.29%. The stock gained 47.02% in the past year, while it has gained 25.78% so far this year. A look at the trailing 12-month EPS for PTON yields -1.08 with Next year EPS estimates of -0.36. For the next quarter, that number is -0.20. This implies an EPS growth rate of 69.66% for this year and 22.26% for next year.
Float and Shares Shorts:
At present, 358.12 million PTON shares are outstanding with a float of 328.95 million shares on hand for trading. On 2024-10-15, short shares totaled 59.51 million, which was 1560.9999 higher than short shares on 1726185600. In addition to Ms. Elizabeth Coddington as the firm’s Chief Financial Officer, Ms. Jennifer Cotter serves as its Chief Content Officer.
Institutional Ownership:
Through their ownership of 0.91225 of PTON’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PTON reported revenue of $585900000.0 and operating income of $43900000.0. The EBITDA in the recently reported quarter was $76700000.0 and diluted EPS was -$0.002376.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PTON since 21 analysts follow the stock currently. There are 13 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PTON analysts setting a high price target of 20.0 and a low target of 2.0, the average target price over the next 12 months is 7.8. Based on these targets, PTON could surge 161.1% to reach the target high and fall by -73.89% to reach the target low. Reaching the average price target will result in a growth of 1.83% from current levels.
Analysts have provided yearly estimates in a range of -$1.49847 being high and -$1.65118 being low. For PTON, this leads to a yearly average estimate of -$1.55574. The surprise factor in the prior quarter was -$0.17. Based on analyst estimates, the high estimate for the next quarter is $0.0 and the low estimate is -$0.23. The average estimate for the next quarter is thus -$0.12.
