How to Buy Peloton Interactive Stock
Peloton Interactive Inc
Peloton Interactive, Inc. provides interactive fitness products in North America and internationally.
Peloton Interactive stock last closed at $3.06, down 2.24% from the previous day, and has decreased 67.24% in one year. It has underperformed other stocks in the Leisure industry by 0.56 percentage points. Peloton Interactive stock is currently +4.79% from its 52-week low of $2.92, and -69% from its 52-week high of $9.87.
At the moment, there are 366.87M shares of PTON outstanding. The market value of PTON is $1.12B. In the past 24 hours, 9.18M PTON shares were traded.
How to Buy Peloton Interactive Stock
Wondering how to invest in Peloton Interactive stock? Here's how.
- Figure out where to buy Peloton Interactive stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Peloton Interactive stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your information.
- Research Peloton Interactive stock: The Peloton Interactive ticker symbol is PTON. Is Peloton Interactive stock a good investment? Should you buy shares of PTON? How do PTON's underlying business fundamentals look? Do top analysts think Peloton Interactive is a good buy? Why has PTON's stock price moved recently? (Hint: Our stock market research website can help you evaluate if PTON is a good stock to buy).
- Make your PTON purchase: Decide if you will purchase PTON shares at the current market price or use a limit order to buy PTON shares at a specific price.
- Watch your PTON investment: Create a watchlist to watch your new investment in Peloton Interactive shares.
Step 1: Figure out where to buy Peloton Interactive stock
You need an online brokerage account in order to access the NASDAQ market and buy PTON stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy PTON stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best stock trading app for beginners, you need to deposit funds:
Check out the video below to see the process of transferring money into your brokerage account.
Step 4: Research Peloton Interactive stock
After you have decided on the best place to buy Peloton Interactive stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk and upside.
Peloton Interactive Numbers
Peloton Interactive Overview
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on PTON's stock page.
How is PTON stock valued?
You can use many financial metrics, analyses, models, and charts to gauge PTON's fair value.
You can access additional valuation analysis on PTON's stock here.
A look at PTON Cashflows and Balance Sheet
Pros:
- There are more short-term assets than short-term liabilities on the PTON balance sheet.
- PTON has $798.10M in cash and short term investments. This is sufficient to cover its annual cash burn of $249.60M.
- PTON has cash burn of 249600000. It has sufficient cash and short-term investments to cover this for at least one year.
Cons:
- Total PTON debt is still negative.
- PTON profit margin has gone up by 0.58 percentage points in the past year, but the company is still unprofitable.
- There are more long-term liabilities than short-term assets on the PTON balance sheet.
- PTON debt to equity ratio of -6.15 is negative.
Do Wall Street analysts think it's a good time to buy Peloton Interactive stock
Out of 5 Equities analysts who research PTON, the consensus analyst rating on Peloton Interactive is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Peloton Interactive stock forecast page.
PTON Trading Indicators
PTON Growth Metrics
Last year, PTON revenue was $2.73B. During the last 4 year, PTON's revenue has gone up by 21.95% per year. This was faster than the Leisure industry average of 18.84%.
You can research PTON's earnings and revenue performance here.
Latest Insiders Trades at PTON
Over the past year, executives and large shareholders at PTON have sold more shares than they have bought.
Elizabeth F. Coddington, Chief Financial Officer of PTON, was the latest PTON insider to sell. They sold $38,978.13 worth of PTON shares on Mar 14, 2024.
Research more about who owns PTON stock here.
Does PTON stock generate passive income?
No, Peloton Interactive doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your PTON purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Watch your PTON investment
Now that you own some shares in PTON, you'll want to keep up with your investment.
Put PTON on a watchlist to get alerted to the latest events about your PTON stock.
PTON Feed
How to Buy Stock in Peloton Interactive
To summarize, here are the 6 steps you need to take to buy Peloton Interactive stock right now:
- Figure out where to buy Peloton Interactive stock
- Open your brokerage account
- Deposit money your investment account
- Research Peloton Interactive stock
- Make your PTON purchase
- Watch your PTON investment
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your investment in Peloton Interactive, add PTON to your watchlist below.
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