PTON Stock Summary and Trading Ideas (Peloton Interactive | NASDAQ:PTON)

Peloton Interactive Inc operates an interactive fitness platform. It operates its business in two reportable segments: Connected Fitness Products and Subscription. Connected Fitness Product revenue consists of sales of bike and tread and related accessories, associated fees for delivery and installation, and extended warranty agreements. Subscription revenue consists of revenue generated from monthly Connected Fitness Subscription and Digital Subscription. The company generates the majority of the revenue from the sale of Connected Fitness Products.

Peloton Interactive trades on the NASDAQ stock market under the symbol PTON.

As of April 19, 2024, PTON stock price declined to $3.03 with 9,889,225 million shares trading.

PTON has a beta of 2.68, meaning it tends to be more sensitive to market movements. PTON has a correlation of 0.17 to the broad based SPY ETF.

PTON has a market cap of $1.09 billion. This is considered a Small Cap stock.

Last quarter Peloton Interactive reported $744 million in Revenue and -$.54 earnings per share. This beat revenue expectation by $10 million and missed earnings estimates by -$.01.

In the last 3 years, PTON stock traded as high as $129.70 and as low as $2.97.

The top ETF exchange traded funds that PTON belongs to (by Net Assets): VTI, VB, VXF, VBK, SCHA.

PTON has underperformed the market in the last year with a price return of -68.2% while the SPY ETF gained +21.2%. PTON has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -45.6% and -16.3%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

PTON support price is $2.92 and resistance is $3.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PTON stock will trade within this expected range on the day.