13-May-2024
What's Going On With Peloton's Stock?
Benzinga (Thu, 9-May 2:26 PM ET)
PRNewswire (Thu, 2-May 7:05 AM ET)
PELOTON ANNOUNCES LEADERSHIP TRANSITION
PRNewswire (Thu, 2-May 7:00 AM ET)
World of Hyatt and Peloton Team Up with Plans to Reward Members for Wellbeing
Business Wire (Wed, 1-May 8:00 AM ET)
Globe Newswire (Thu, 18-Apr 5:00 PM ET)
Globe Newswire (Thu, 22-Feb 4:45 PM ET)
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 May 13, 2024, PTON stock price declined to $4.19 with 18,196,348 million shares trading.
PTON has a beta of 2.87, meaning it tends to be more sensitive to market movements. PTON has a correlation of 0.18 to the broad based SPY ETF.
PTON has a market cap of $1.51 billion. This is considered a Small Cap stock.
Last quarter Peloton Interactive reported $718 million in Revenue and -$.45 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$.08.
In the last 3 years, PTON stock traded as high as $129.70 and as low as $2.70.
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 return of -44.4%, while the SPY ETF gained +27.8%. In the last 3 month period, PTON fell short of the market, returning -7.9%, while SPY returned +4.3%. However, in the most recent 2 weeks PTON has outperformed the stock market by returning +32.6%, while SPY returned +2.5%.
PTON support price is $3.99 and resistance is $4.43 (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.