Peloton (NASDAQ:PTON) will be issuing its quarterly earnings data after the market closes on Thursday, September 10th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
NASDAQ PTON opened at $80.63 on Tuesday. The business has a fifty day simple moving average of $69.23 and a 200 day simple moving average of $46.75. Peloton has a 12 month low of $17.70 and a 12 month high of $92.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.32 and a quick ratio of 2.96.
PTON has been the subject of a number of analyst reports. Cowen reissued a “buy” rating and issued a $70.00 price target on shares of Peloton in a research report on Thursday, August 13th. Argus upped their price objective on Peloton from $38.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Zacks Investment Research downgraded Peloton from a “buy” rating to a “hold” rating in a research note on Friday. Raymond James restated a “buy” rating on shares of Peloton in a research note on Thursday, July 16th. Finally, SunTrust Banks upped their price objective on Peloton from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $64.22.
In related news, CFO Jill Woodworth sold 40,000 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $50.07, for a total transaction of $2,002,800.00. Following the sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at approximately $2,002,800. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 135,000 shares of company stock worth $7,478,798 in the last three months.
Peloton Interactive, Inc provides interactive fitness products in North America. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes. The company also provides connected fitness subscriptions for multiple household users, and access to all live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes.
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