Peloton Interactive, Inc. (NASDAQ: PTON – Get a score) earned a median advice of “Maintain” from the twenty-nine analysts who cowl the corporate, Market assessments studies. Two fairness analysis analysts gave the inventory a promote score, eleven gave the corporate a maintain score and twelve gave the corporate a purchase score. The 12-month common worth goal amongst brokerages which have issued scores on the inventory over the previous 12 months is $19.36.
PTON has been the topic of a number of analysis studies. Telsey Advisory Group decreased its goal worth on Peloton Interactive from $11.00 to $9.00 and set a “market efficiency” score on the inventory in a analysis observe on Friday, October 28. Morgan Stanley lower its goal worth on shares of Peloton Interactive from $10.00 to $8.00 and set an “equal weight” score for the corporate in a Tuesday, October 25 analysis report. Canaccord Genuity Group decreased its worth goal on Peloton Interactive from $25.00 to $20.00 in a Thursday, August 25 analysis observe. Cowen downgraded Peloton Interactive from an “outperforming” score to a “market performing” score and lowered its goal worth for the corporate from $14.00 to $12.00 in a Monday, Nov. 21, report. Lastly, Oppenheimer started Peloton Interactive protection in a analysis report on Wednesday, August 3. They set an “outperform” score and a worth goal of $20.00 on the inventory.
Institutional entries and exits
A number of institutional buyers and hedge funds have just lately elevated or decreased their stake within the firm. Wahed Make investments LLC bought a brand new fairness stake in Peloton Interactive within the second quarter value roughly $29,000. Trade Traded Ideas LLC elevated its place in Peloton Interactive by 943.8% through the third quarter. Trade Traded Ideas LLC now owns 4,509 shares of the corporate valued at $31,000 after buying a further 4,077 shares through the interval. Covestor Ltd elevated its place in Peloton Interactive by 1,054.2% within the 1st quarter. Covestor Ltd now owns 1,385 shares of the corporate value $37,000 after buying a further 1,265 shares through the interval. Eisler Capital UK Ltd. acquired a brand new place in shares of Peloton Interactive through the third quarter value $44,000. Lastly, Parallel Advisors LLC elevated its stake in shares of Peloton Interactive by 96.5% through the 2nd quarter. Parallel Advisors LLC now owns 4,935 shares of the corporate valued at $45,000 after shopping for 2,424 extra shares within the final quarter. Institutional buyers and hedge funds maintain 79.40% of the corporate’s shares.
Peloton interactive top off 8.5%
Shares of PTON inventory opened at $11.38 on Thursday. The inventory has a market capitalization of $3.87 billion, a P/E ratio of -1.33 and a beta of 1.57. Peloton Interactive has a twelve month minimal of $6.66 and a twelve month most of $46.50. The inventory has a 50-day shifting common of $8.86 and a 200-day shifting common of $10.24. The corporate has a present ratio of two.47, a fast ratio of 1.40 and a debt ratio of 6.48.
Peloton Interactive Firm Profile
Peloton Interactive, Inc operates an interactive health platform in North America and internationally. The corporate presents touchscreen linked health merchandise that stream reside and on-demand lessons below the names Peloton Bike, Peloton Bike+, Peloton Tread and Peloton Tread+. It additionally gives linked health subscriptions for numerous dwelling customers and entry to numerous reside and on-demand lessons, in addition to the Peloton Digital app for linked health subscribers to offer entry to its lessons.
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