Peloton Interactive Inc (PTON, Financial) experienced notable stock movement with a rise of 5.04%. The stock is currently priced at $5.94 per share, amid a trading volume of 10.46 million shares and a turnover rate of 2.78%. The stock's amplitude reached 6.19%.
According to recent financial reports, Peloton recorded a revenue of $2.701 billion, with a net loss of $552 million. This resulted in an earnings per share (EPS) of -$1.51 and a gross profit of $1.149 billion. The price-to-earnings (P/E) ratio stands at -3.90.
In terms of institutional ratings, out of 22 analysts, 9% recommend buying, 77% suggest holding, and 14% advise selling.
Within the broader leisure and entertainment industry, the overall decline was 1.57%. Peloton, alongside Xponential Fitness, Inc. and Connexa Sports Technologies Inc., posted significant gains. Other active stocks include Srm Entertainment, Inc. and Jinsheng Amusement. Stocks with notable amplitude include Alta Global Group Limited and Hwh International Inc.
Peloton Interactive Inc operates an interactive fitness platform classified into two segments: Connected Fitness Products and Subscription. The company generates significant revenue from subscriptions, predominantly in North America, with some international earnings.
