Peloton Interactive, Inc. (NASDAQ:PTON - Get Free Report) has been given an average recommendation of "Hold" by the nineteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Sixteen equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $7.10.
A number of brokerages recently weighed in on PTON. JPMorgan Chase & Co. lifted their price objective on shares of Peloton Interactive from $5.00 to $7.00 and gave the company a "neutral" rating in a report on Friday, November 1st. Truist Financial increased their price objective on shares of Peloton Interactive from $6.00 to $10.00 and gave the company a "hold" rating in a research report on Friday, November 1st. Telsey Advisory Group reissued a "market perform" rating and issued a $11.00 target price on shares of Peloton Interactive in a report on Monday, February 3rd. JMP Securities reaffirmed a "market perform" rating on shares of Peloton Interactive in a report on Friday. Finally, Macquarie increased their price objective on Peloton Interactive from $4.90 to $9.00 and gave the company a "neutral" rating in a report on Friday, November 1st.
View Our Latest Stock Report on Peloton Interactive
PTON stock opened at $8.37 on Friday. The business has a 50 day simple moving average of $8.96 and a 200-day simple moving average of $6.60. The firm has a market capitalization of $3.19 billion, a PE ratio of -7.82 and a beta of 1.95. Peloton Interactive has a 1 year low of $2.70 and a 1 year high of $10.90.
Peloton Interactive (NASDAQ:PTON - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.04). On average, equities research analysts expect that Peloton Interactive will post -0.39 EPS for the current year.
In other Peloton Interactive news, CFO Elizabeth F. Coddington sold 186,462 shares of the firm's stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $7.58, for a total value of $1,413,381.96. Following the transaction, the chief financial officer now directly owns 223,017 shares of the company's stock, valued at $1,690,468.86. This trade represents a 45.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Karen Boone sold 17,259 shares of the business's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $8.63, for a total transaction of $148,945.17. Following the transaction, the director now directly owns 244,641 shares in the company, valued at approximately $2,111,251.83. The trade was a 6.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 395,813 shares of company stock worth $3,041,724 in the last ninety days. Insiders own 1.34% of the company's stock.
A number of large investors have recently added to or reduced their stakes in PTON. R Squared Ltd bought a new stake in Peloton Interactive during the fourth quarter valued at $28,000. Point72 Asia Singapore Pte. Ltd. lifted its position in Peloton Interactive by 31.9% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,605 shares of the company's stock valued at $31,000 after purchasing an additional 1,597 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in Peloton Interactive during the 4th quarter worth $69,000. Jones Financial Companies Lllp increased its position in shares of Peloton Interactive by 33.9% during the 4th quarter. Jones Financial Companies Lllp now owns 9,496 shares of the company's stock valued at $83,000 after purchasing an additional 2,403 shares during the period. Finally, Matauro LLC acquired a new stake in Peloton Interactive in the 4th quarter valued at about $90,000. 77.01% of the stock is currently owned by institutional investors.
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.
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