Peloton Interactive, Inc provides interactive fitness products in North America and internationally.
infoPeloton Interactive is a small cap stock with a total market cap of 1.92B.
infoThey trade on the NASDAQ and had their IPO 3 years and 10 months ago.
infoPeloton Interactive currently employs 6048 people.
infoAs of Wednesday, Aug 23 2023, Peloton Interactive’s share price is $5.41.
News Relating to Peloton Interactive
Business Insider
Peloton falls 22% after earnings reveal plunging subscribers and steep cost of bike seat recall
Wednesday Aug 23 2023 at 12:55
Peloton stock cratered on Wednesday after the fitness equipment company reported major subscriber losses. Peloton lost 29,000 subscribers over the past quarter and burned through an extra $40 million dealing with a bike seat recall.
Bloomberg Markets and Finance
Peloton’s Problems With Seat Posts Lead to Weak Results
Wednesday Aug 23 2023 at 12:23
A seat post product recall for Peloton was more expensive than first thought. Bloomberg’s Ed Ludlow reports.
Investopedia
Peloton Shares Plunge on Wider-Than-Expected Loss After Recall, Fall in Subscribers
Wednesday Aug 23 2023 at 12:15
Peloton (PTON) shares tumbled over 20% in early trading on Wednesday after reporting a wider-than-expected loss as falling subscriber numbers and recall costs impacted its results.
New York Post
Peloton gives ominous warning after bike recall, sending shares plummeting to record low
Wednesday Aug 23 2023 at 12:00
Peloton said it expects to burn cash in the next two quarters due to costs related to bike recall and other expenses, delaying return to a positive cash flow.
GuruFocus
Is Peloton Interactive Inc Set to Underperform? Analyzing the Factors Limiting Growth
Wednesday Aug 23 2023 at 11:09
Long-established in the Travel & Leisure industry, Peloton Interactive Inc ( PTON , Financial) has enjoyed a stellar reputation. However, it has recently witnessed a decline of 20.46%, juxtaposed with a three-month change of -22.62%.
The Motley Fool
Peloton Stock Is Crashing on Wednesday — Here’s Why
Wednesday Aug 23 2023 at 10:58
Peloton reported the results from its fiscal 2023 fourth quarter on Wednesday morning. Although that quarter covers a typically weak sales period for the company, the results were worse than expected.
Yahoo Finance
Peloton stock dives on revenue forecast, bike seat recall costs
Wednesday Aug 23 2023 at 10:43
Peloton (PTON) shares plunged by over 20 percent this morning after reporting fourth-quarter earnings. The exercise technology company beat revenue estimates but posted higher-than-expected losses per share.
Schaeffers Research
Bike Recall Pushes Peloton Stock to Record Low
Wednesday Aug 23 2023 at 10:26
Peloton Interactive Inc (NASDAQ:PTON) is down 19.6% to trade at $5.66 at last check, after the fitness equipment company reported wider-than-expected second-quarter losses, though revenue still beat estimates.
The Motley Fool
Investors Are Giving Up on These 2 Stocks — Should You?
Wednesday Aug 23 2023 at 09:55
Markets opened modestly higher after seeing losses in recent weeks. Peloton Interactive reported declines in sales and subscriber counts.
Zacks Investment Research
Peloton (PTON) Reports Q4 Loss, Tops Revenue Estimates
Wednesday Aug 23 2023 at 09:46
Peloton (PTON) came out with a quarterly loss of $0.68 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to loss of $1.32 per share a year ago.
Invezz
Peloton stock opens 30% down after Q4 earnings
Wednesday Aug 23 2023 at 09:45
Peloton Interactive Inc (NASDAQ: PTON) opened nearly 30% down on Wednesday after reporting its financial results for the fourth quarter that brought in a string of bad news for the shareholders. Peloton reports higher costs and churn The connected fitness company bore “substantially” higher costs related to the recall of its bikes in May.
InvestorPlace
Is It Too Late for Peloton (PTON) Stock?
Wednesday Aug 23 2023 at 09:32
Peloton (NASDAQ: PTON ) stock fell over 20% after it reported results and guidance that disappointed Wall Street. The athletic equipment company lost $242 million, 68 cents per share, during the July quarter, on revenue of $642 million.
CNN Business
Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall
Wednesday Aug 23 2023 at 09:31
A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected.
Forbes
Peloton And AMC Stocks Crater To All-Time Lows—Down 97% Apiece From 2021 Peaks
Wednesday Aug 23 2023 at 09:06
Other pandemic risers like Coinbase, DocuSign and Zoom have also suffered more than 80% stock losses.
Proactive Investors
Peloton plummets as bike recalls wreak havoc on results
Wednesday Aug 23 2023 at 08:49
Starting off a fourth-quarter trading update with a warning that a business is “seasonal” is never usually a good sign– especially when the company is an indoor exercise bike manufacturer. No wonder Peloton Interactive Inc (NASDAQ:PTON) is down more than 29% in pre-market trading.
Barrons
Peloton Stock Tumbles as Subscribers Decline
Wednesday Aug 23 2023 at 07:36
The company says the $40 million cost of a seat recall announced in May exceeded Peloton’s initial expectations.
CNBC
Peloton shares drop 25% after posting wider than expected loss, falling sales
Wednesday Aug 23 2023 at 07:28
Peloton’s shares plunged 20% after the company fell short of Wall Street’s quarterly expectations and reported a loss of $241.8 million.
Market Watch
Peloton’s stock tanks as revenue outlook falls short, bike recall costs pile up
Wednesday Aug 23 2023 at 07:16
Shares of Peloton Interactive Inc. PTON, -0.43% were tumbling more than 18% in Wednesday’s premarket trading after the maker of connected fitness equipment came up short with its revenue outlook and disclosed higher-than-expected costs from a previously announced recall. The company logged a fiscal fourth-quarter net loss of $242 million, or 68 cents a share, whereas it lost $1.26 billion, or $3.72 a share, in the year-before quarter.
Market Watch
Peloton earnings: What to expect from the maker of exercise bikes
Tuesday Aug 22 2023 at 18:24
The maker of connected exercise equipment is due to report fiscal fourth-quarter earnings Wednesday morning. Peloton PTON, -0.43% is expected to post another quarter of revenue declines, though losses are projected to improve.
InvestorPlace
5 Meme Stocks to Sell Immediately, According to AI
Tuesday Aug 22 2023 at 15:19
Last week, I revealed MarketMaster AI , a set of deep learning AI algorithms designed to beat the market. The system was flashing warning signals like a hyperactive lifeguard on duty.
InvestorPlace
3 Stocks That AI Does NOT Think You Should Buy
Monday Aug 21 2023 at 18:00
Artificial intelligence (AI) is no longer just a buzzword, with its prominence in the tech landscape surging like never before this year. This next-level technology effectively opens doors to an array of applications for consumers, businesses and other entities.
Barrons
Peloton Is About to Report Earnings. One Analyst Is Less Bearish on the Stock.
Monday Aug 21 2023 at 12:12
Evercore ISI analyst Shweta Khajuria removed Peloton from the Evercore ISI Tactical Underperform list on Sunday. Shares have dropped almost 25% in the last month.
Yahoo Finance
Peloton makes a push for the workplace with new B2B service
Friday Aug 18 2023 at 15:43
Peloton (PTON) is beginning to market to businesses with its new “Peloton for Business,” which would allow companies to offer Peloton’s services as a perk for employees and customers. Yahoo Finance Live anchors Alli Canal, Josh Schafer, and Brooke DiPalma discuss
Proactive Investors
Peloton could see $15M profit hit in 4Q from bike seat recall
Friday Aug 18 2023 at 15:14
Peloton Interactive Inc (NASDAQ:PTON) could see a $15 million headwind to its gross profit for the fourth quarter due to the recall of defective bike seats during the period, analysts at the Bank of America Corp (NYSE:BAC) (BoA) believe. The fitness equipment company will report its fiscal fourth quarter and full year 2023 earnings before the stock market opens on Wednesday, August 23.
24/7 Wall Street
Peloton’s Bid to Stay Alive
Friday Aug 18 2023 at 07:30
Peloton Interactive Inc. (NASDAQ: PTON), the exercise equipment company, has come up with one more scheme to keep itself afloat, another in a line of failed attempts.
InvestorPlace
3 Meme Stocks that You Should Sell Before they Become the Next Tupperware
Sunday Aug 13 2023 at 16:23
By no means is this discussion about meme stocks to sell an indication that you should avoid the sector altogether. Sometimes, it’s good to just have fun (responsibly, of course) in the market.
GlobeNewsWire
Peloton Interactive, Inc. Announces Fourth Quarter and Full-Year Fiscal 2023 Earnings Release Date, Conference Call and Webcast
Wednesday Aug 09 2023 at 17:00
NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (NASDAQ: PTON) will release its fourth quarter and full-year fiscal 2023 results before the U.S. stock market opens on Wednesday, August 23, 2023. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day.
The Motley Fool
Why Did Peloton Shares Surge 26% in July?
Tuesday Aug 08 2023 at 14:49
Peloton announced a strategic pivot in May that’s been well received. Recent financial results suggests that the company’s proposed turnaround could be in its early stages.
The Motley Fool
If You Own These 2 Growth Stocks, You Might Want to Rethink Your Position
Tuesday Aug 08 2023 at 05:47
While growth stocks offer the allure of substantial returns, they also come with heightened risks. Peloton faces an uphill turnaround battle with its recent rebrand.
Market Watch
CSX shares come off the rails while Peloton goes up a gear, and other early Friday movers
Friday Jul 21 2023 at 05:22
Peloton Interactive shares topped a gently upbeat leaderboard early Friday, gaining nearly 4% on decent premarket volume. The fitness group is due to publish earnings next month as management strives to revive the former lockdown darling.
Peloton Interactive Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Peloton Interactive’s Altman Z-score is -1.76 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Peloton Interactive Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 3 insiders have sold $264.04K of common stock in Peloton Interactive on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Peloton Interactive’s Income Quality of 0.31 is in line with its Industry Group of 0.34 (-8.8% lower)
Peloton Interactive’s Income Quality of 0.31 is lower than its Major Industry Group of 0.72 (-56.9% lower)
Peloton Interactive’s Income Quality of 0.31 is lower than its Sector of 0.75 (-58.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Peloton Interactive’s Current Ratio of 2.24 is greater than its Industry Group of 1.89 (18.5% greater)
Peloton Interactive’s Current Ratio of 2.24 is in line with its Major Industry Group of 2.14 (4.7% greater)
Peloton Interactive’s Current Ratio of 2.24 is lower than its Sector of 2.6 (-13.8% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (-0.85 & -0.01)
Cannot compare a negative PE Ratio (-0.85 & 12.97)
Cannot compare a negative PE Ratio (-0.85 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Cannot compare a negative PB Ratio (-15.08 & 0.72)
Cannot compare a negative PB Ratio (-15.08 & 1.19)
Cannot compare a negative PB Ratio (-15.08 & 1.62)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Peloton Interactive’s ROE of 17.82 is greater than its Industry Group of -0.08 (22375.0% greater)
Peloton Interactive’s ROE of 17.82 is greater than its Major Industry Group of 0.04 (44450.0% greater)
Peloton Interactive’s ROE of 17.82 is greater than its Sector of -0.03 (59500.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Peloton Interactive’s ROCE of -0.85 is lower than its Industry Group of -0.03 (-2733.3% lower)
Peloton Interactive’s ROCE of -0.85 is lower than its Major Industry Group of 0.05 (-1800.0% lower)
Peloton Interactive’s ROCE of -0.85 is lower than its Sector of -0.04 (-2025.0% lower)
Derived from SEC.GOV filing dataopen_in_new