Peloton Interactive, Inc. (NASDAQ:PTON – Get Free Report) COO Charles Peter Kirol sold 3,198 shares of the business’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $6.49, for a total transaction of $20,755.02. Following the sale, the chief operating officer directly owned 161,242 shares in the company, valued at $1,046,460.58. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Peloton Interactive Stock Performance
Shares of PTON opened at $6.59 on Thursday. The stock has a 50-day moving average of $5.92 and a two-hundred day moving average of $5.24. The stock has a market cap of $2.85 billion, a P/E ratio of 164.79, a P/E/G ratio of 0.48 and a beta of 2.52. Peloton Interactive, Inc. has a one year low of $3.65 and a one year high of $9.20.
Peloton Interactive (NASDAQ:PTON – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Peloton Interactive had a net margin of 0.94% and a negative return on equity of 6.95%. During the same period last year, the business earned ($0.12) earnings per share. Peloton Interactive’s quarterly revenue was up 1.1% on a year-over-year basis. Analysts predict that Peloton Interactive, Inc. will post 0.13 EPS for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
A number of research firms have issued reports on PTON. Telsey Advisory Group reissued a “market perform” rating on shares of Peloton Interactive in a research report on Wednesday, May 27th. Wall Street Zen raised shares of Peloton Interactive from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings raised shares of Peloton Interactive from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 26th. UBS Group restated a “buy” rating on shares of Peloton Interactive in a research report on Monday, June 15th. Finally, The Goldman Sachs Group upped their price target on shares of Peloton Interactive from $7.00 to $8.00 and gave the company a “buy” rating in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $7.94.
Get Our Latest Stock Report on Peloton Interactive
Peloton Interactive Company Profile
Peloton Interactive, Inc operates a digital fitness platform that combines connected exercise equipment with live and on-demand workout classes. The company’s core products include stationary bikes (Peloton Bike and Bike+), treadmills (Peloton Tread and Tread+), and the Peloton Row. Each device integrates a touchscreen display that streams instructor-led cycling, running, strength, yoga, meditation and other fitness classes. Peloton generates recurring revenue through subscription plans, which grant users access to its growing library of workouts, performance tracking tools and community features.
Founded in 2012 by John Foley and headquartered in New York City, Peloton set out to deliver an immersive home-fitness experience by blending hardware, software and content.
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