With 16.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 15.33 million shares. The 52-week range on PTON shows that it touched its highest point at $10.90 and its lowest point at $2.83 during that stretch. It currently has a 1-year price target of $9.15. Beta for the stock currently stands at 2.19.
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 4.39%, but this was up by 27.59% over a month. Three-month performance dropped to -5.87% while six-month performance rose 3.61%. The stock gained 113.98% in the past year, while it has lost -20.80% so far this year. A look at the trailing 12-month EPS for PTON yields -0.78 with Next year EPS estimates of -0.22. For the next quarter, that number is -0.07. This implies an EPS growth rate of 74.60% for this year and 41.50% for next year. EPS is expected to grow by 55.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.89%.
Float and Shares Shorts:
At present, 373.79 million PTON shares are outstanding with a float of 364.56 million shares on hand for trading.
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. The EBITDA in the recently reported quarter was $4700000.0 and diluted EPS was -$0.24.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.47841 being high and -$1.62908 being low. For PTON, this leads to a yearly average estimate of -$1.53491.
