PELOTON INTERACTIVE,

PTON
Real-time Estimate Quote. Real-time Estimate  - 09/24 04:49:59 pm
89.56USD -5.95%

Peloton Interactive, Inc. : Technically solid

Jordan Dufee
Analyst

Strategy published on : 09/16/2020 | 11:17

long trade
Target price hit

Entry price : 83.04$
Target : 95$
Stop-loss : 75$
Potential : 14.4%

Shares in Peloton Interactive, Inc. show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Investors have an opportunity to buy the stock and target the $ 95.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


Strengths

● The prospective high growth for the next fiscal years is among the main assets of the company

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

● For the past twelve months, EPS forecast has been revised upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

● The tendency within the weekly time frame is positive above the technical support level at 42.19 USD


Weaknesses

● Technically, the stock approaches a strong medium-term resistance at USD 91.17.

● The company does not generate enough profits, which is an alarming weak point.

● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

● The company's enterprise value to sales, at 6.4 times its current sales, is high.

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 1094.81 times its estimated earnings per share for the ongoing year.

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