Peloton Interactive (NASDAQ:PTON) Posts Earnings Results, Beats Expectations By $0.10 EPS

Peloton Interactive (NASDAQ:PTON) posted its earnings results on Thursday. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.10, Briefing.com reports. The business had revenue of $644.00 million for the quarter, compared to analyst estimates of $633.00 million. The firm’s revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.68) earnings per share. Peloton Interactive updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Peloton Interactive Price Performance

Shares of PTON stock traded down $0.30 on Friday, hitting $4.25. 6,771,626 shares of the company’s stock were exchanged, compared to its average volume of 15,533,300. Peloton Interactive has a 12 month low of $2.70 and a 12 month high of $7.24. The stock has a market cap of $1.58 billion, a P/E ratio of -2.01 and a beta of 2.02. The company has a 50 day moving average of $3.46 and a 200 day moving average of $3.77.

Insider Buying and Selling

In related news, CFO Elizabeth F. Coddington sold 8,923 shares of the company’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $3.68, for a total transaction of $32,836.64. Following the completion of the sale, the chief financial officer now directly owns 186,466 shares in the company, valued at approximately $686,194.88. The sale was disclosed in a filing with the SEC, which is available through this link. In other Peloton Interactive news, CEO Karen Boone sold 14,841 shares of the stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $3.31, for a total value of $49,123.71. Following the completion of the transaction, the chief executive officer now directly owns 116,171 shares in the company, valued at $384,526.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elizabeth F. Coddington sold 8,923 shares of the stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $3.68, for a total value of $32,836.64. Following the completion of the transaction, the chief financial officer now owns 186,466 shares of the company’s stock, valued at $686,194.88. The disclosure for this sale can be found here. Insiders sold a total of 53,813 shares of company stock worth $187,715 in the last ninety days. 3.28% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. The Goldman Sachs Group decreased their target price on Peloton Interactive from $5.75 to $3.50 and set a “neutral” rating on the stock in a report on Friday, May 3rd. BMO Capital Markets decreased their target price on Peloton Interactive from $7.50 to $6.50 and set a “market perform” rating on the stock in a report on Friday, May 3rd. JMP Securities reissued a “market perform” rating on shares of Peloton Interactive in a report on Tuesday, July 2nd. Needham & Company LLC reissued a “hold” rating on shares of Peloton Interactive in a report on Thursday. Finally, Canaccord Genuity Group upped their price objective on Peloton Interactive from $4.00 to $5.00 and gave the company a “hold” rating in a report on Friday. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $4.74.

Peloton Interactive Company Profile

Peloton Interactive, Inc operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.