Peloton Interactive, Inc. (NASDAQ:PTON) traded at $58.31 at last check on Tuesday, Jun 30, making an upward move of 1.93% on its previous day’s price.
Looking at the stock we see that its previous close was $57.21 with the day’s price range being $56.19 – 59.11. In terms of its 52-week price range, PTON has a high of $60 and a low of $17.7. The company’s stock has gained about 35.6% over that past 30 days.
Based on estimates by 26 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Peloton Interactive, Inc. (PTON) stock as a Hold, while 21 rate it as a Buy. 3 analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Let’s briefly compare Peloton (PTON) stock to its peers. We find that today’s price change of +1.93% and 0% over the past 12 months for PTON competes that of Pool Corp (POOL), which has seen its stock price rise 1.18% in the latest trading session and is +39.16% over the last one year. Another of its peers Brunswick Corp (BC) has climbed 1.01% today, and is +38.16% up over the past year, while Yeti Holdings Inc (YETI) is also up 1.93% yet its price remains in the red at 0% over the same period. Pool has a P/E ratio of 41.81 compared to Peloton’s 0 and Brunswick’s 182.71. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to Peloton Interactive, Inc. (NASDAQ:PTON), we note that the average 3-month trading volume was 10.66 Million, while that of the preceding 10-day period stands at 12.22 Million. Current shares outstanding are 206.07 Million.
According to data from Thomson Reuters, insiders hold 0.07% of the company’s shares while institutions hold 39.07%. The data shows that short shares as of June 14, 2020, stood at 9.47 Million at a short ratio of 1.08. This represents a 3.35% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 10.72 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +101.44% up in year-to-date price movement.