Peloton (PTON $37.27), an interactive fitness products company serving North America and internationally was extremely popular among investors during the Covid-19 pandemic in 2020. It stock surged 867% from 2020 low of $17.70 to 2020 high of $171.09. It then proceed to drop 87% to 2022 low of $22.81. It has basically gone through a boom and bust cycle due to the frenzy following by ignorant and emotional driven investors. This is a classic meme stock that new stock investors should have learned a lesson from. However, in the last couple of days, PTON jumped 51.5% with tremendous volume due to takeover talks and company restructuring. The big upside momentum and huge following of the stock are likely to bring forth more upside for PTON. A short term tradable rally has developed. Followings are what you need to know about PTON:
。Company announced restructures:
New CEO and president ( John Foley will be replaced by more experienced Spotify , changes to board of directors, cut cost to save $800 millions a year with the followings actions : new manufacturing strategy which will abandon its Peleton Output Park project and rely instead on third-party suppliers, cut jobs by 2800, slashes capital expenditures by $150 millions
。Takeover talks:
According to Seeking Alpha: "On Friday, it was reported that Amazon (AMZN) has met with advisors to discuss buying Peloton (PTON). Should a deal come to fruition, it would lead to many benefits for the tech giant, including benefits for its Prime subscription service, investment firm Truist said. Truist analyst Youssef Squali said an acquisition of Peloton would "dramatically" improve the value proposition for both Prime and Peloton, while "making it extremely hard for fitness competitors to follow suit."Nike (NKE) has also met with advisors, according to the Financial Times. In a note to clients, Wedbush Securities analyst Dan Ives said Apple (AAPL) was a favorite to purchase Peloton, saying it could help the company's Fitness+ service and Apple Watch business. "
Other suitors for Peloton are speculated to be: Nike (NKE), Disney (DIS), Adidas (ADDY), Lululemon(LULU), Bershire Hattaway (BRK.A), Softbank (SFTBY) and Google (GOOG).
Blackwells Capital think PTON could fetch a takeover price of $75.
。Analysts ratings:
Canaccord Genuity maintained PTON coverage with Buy, price target $56.
Baird maintained PTON coverage with Outperform , price target $46.
Consensus price target for 19 analysts is $47.65.
。Other positives:
Price to Sales is a healthy 2.35.
Debt/Equity is a reasonable 0.56.
EPS estimated for next year is +70.7%.
Institutions own 79.5% of stock (institution sponsorships).
Short % is 11,74% (short squeeze potential).
Still 81% below its all time high of 171.09.
It is still one the most followed stock among social medias.
。Technicals analysis：
PTON broke above its 50 day moving average 34.89 with 10 times average volume. CCI crossing 0 and +100 are buy signals. Resistances to tackle are $40, 50 and 56. Supports are $35 and $29.
Peloton (PTON 37.27美元) 是一家服务于北美和国际的互动健身产品公司，在 2020 年 Covid-19 大流行期间深受投资者欢迎。其股价从 2020 年的低点 17.70 美元飙升至 2020 年的高点 171.09 美元，飙升了 867%。然后它下跌 87% 至 2022 年的低点 22.81 美元。由于无知和情绪化的投资者的狂热追随，它基本上经历了繁荣和萧条周期。这是一只经典的名因（meme）股票，新股票投资者应该从中吸取教训。然而，在过去的两天里，由于盛传被收购和公司重组，PTON 以巨大的成交量上涨了 51.5%。该股的巨大上涨势头和众多的追随者可能会为 PTON 带来更多的上涨空间。一个短期可交易获利的形势已经造成。以下是您需要了解的有关 PTON 的信息：
。公司宣布重组：
新的 CEO 和总裁（John Foley 将由更有经验的 Spotify 前高层取代），重组董事会，通过以下行动削减成本以每年节省 8 亿美元：新的制造战略将放弃其 Peleton Output Park 项目，转而依赖第三方供应商，裁员 2800 人，今年资本支出削减 1.5 亿美元
。收购讨论：
Seeking Alpha 称：“据报道，周五，亚马逊 (AMZN) 已与顾问会面，讨论购买 Peloton (PTON)。如果交易达成，将为这家科技巨头带来许多好处，包括为投资公司 Truist 表示，其 Prime 订阅服务。Truist 分析师 Youssef Squali 表示，收购 Peloton 将“显着”提高 Prime 和 Peloton 的价值，同时“让健身竞争对手极难效仿。”。据英国《金融时报》报道耐克 (NKE)也和顾问谈了收购PTON。韦德布什证券（Wedbush Securities)分析师丹·艾夫斯（Dan Ives）在给客户的一份报告中表示，苹果（AAPL）是收购 Peloton 的最适合者，称这有助于该公司的 Fitness+ 服务和 Apple Watch 业务。”
据推测，Peloton 的其他追求者包括：迪斯尼 (DIS)、阿迪达斯 (ADDY)、露露柠檬 (LULU)、伯希尔哈塔威 (BRK.A)、软银 (SFTBY) 和谷歌 (GOOG)。
Blackwells Capital 认为 PTON 的收购价格可能为会达到75美元一股。
。分析师评分：
Canaccord Genuity 维持对 PTON 的跟踪，评级为买入，目标价 56 美元。
Baird 维持对 PTON 的的跟踪，评级为表现优于大盘，目标价 46 美元。
19 位分析师的综合目标价为 47.65 美元。
。其他正面因素：
销售价格比是健康的 2.35。
债务/资产是合理的 0.56。
预计明年每股收益为+70.7%。
机构拥有79.5%的股份（多机构赞助）。
空头百分比为 11.74%（有空头挤压潜力）。
价格仍比历史高点 171.09 低 81%。
它仍然是社交媒体中最受关注的股票之一。
。技术分析：
今天PTON 以 10 倍的平均成交量突破了 50 天移动平均线 34.89美元。 CCI 穿越 0 和 +100 都是买入信号。将挑战的阻力位是 40、50 和 56 美元。支撑位是 35 美元和 29 美元。
No comments:
Post a Comment