Andrew Rendich - Peloton Interactive Chief Officer

PTON Stock  USD 9.54  0.48  5.30%   

Insider

Andrew Rendich is Chief Officer of Peloton Interactive
Age 56
Address 441 Ninth Avenue, New York, NY, United States, 10001
Phone917 671 9198
Webhttps://www.onepeloton.com

Andrew Rendich Latest Insider Activity

Tracking and analyzing the buying and selling activities of Andrew Rendich against Peloton Interactive stock is an integral part of due diligence when investing in Peloton Interactive. Andrew Rendich insider activity provides valuable insight into whether Peloton Interactive is net buyers or sellers over its current business cycle. Note, Peloton Interactive insiders must abide by specific rules, including filing SEC forms every time they buy or sell Peloton Interactive'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Peloton Interactive Management Efficiency

The company has return on total asset (ROA) of (0.0688) % which means that it has lost $0.0688 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (8.4735) %, meaning that it created substantial loss on money invested by shareholders. Peloton Interactive's management efficiency ratios could be used to measure how well Peloton Interactive manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Equity is likely to grow to 1.12, while Return On Tangible Assets are likely to drop (0.27). At this time, Peloton Interactive's Fixed Asset Turnover is very stable compared to the past year.
Peloton Interactive currently holds 2.08 B in liabilities with Debt to Equity (D/E) ratio of 4.0, implying the company greatly relies on financing operations through barrowing. Peloton Interactive has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Peloton Interactive's use of debt, we should always consider it together with its cash and equity.

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Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York. Peloton Interactive operates under Leisure classification in the United States and is traded on NASDAQ Exchange. It employs 6048 people. Peloton Interactive (PTON) is traded on NASDAQ Exchange in USA. It is located in 441 Ninth Avenue, New York, NY, United States, 10001 and employs 2,853 people. Peloton Interactive is listed under Leisure Products category by Fama And French industry classification.

Management Performance

Peloton Interactive Leadership Team

Elected by the shareholders, the Peloton Interactive's board of directors comprises two types of representatives: Peloton Interactive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Peloton. The board's role is to monitor Peloton Interactive's management team and ensure that shareholders' interests are well served. Peloton Interactive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Peloton Interactive's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Cotter, Chief Officer
Barry McCarthy, Strategic Advisor
Tammy Albarran, Chief Secretary
Marsh CFA, Senior Relations
Nick Caldwell, Chief Officer
Liz Coddington, Chief Officer
Thomas Cortese, CoFounder Officer
Christopher Bruzzo, CoPresident Director
Dion Sanders, Chief Officer
Andrew Rendich, Chief Officer
Saqib Baig, Chief Officer
David Strickland, VP Technology
Amy Stoldt, VP HR
Lauren Weinberg, Chief Officer
Tammy JD, Chief Secretary
Peter Stabler, Senior Relations
Dalana Brand, Chief Officer
Karen Boone, CoPresident CoCEO
Elizabeth Coddington, Chief Officer

Peloton Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Peloton Interactive a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Peloton Interactive

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Peloton Interactive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Peloton Interactive will appreciate offsetting losses from the drop in the long position's value.

Moving together with Peloton Stock

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The ability to find closely correlated positions to Peloton Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peloton Interactive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Peloton Interactive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Peloton Interactive to buy it.
The correlation of Peloton Interactive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Peloton Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peloton Interactive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Peloton Interactive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Peloton Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peloton Interactive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peloton Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peloton Interactive Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peloton Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Peloton Stock, please use our How to Invest in Peloton Interactive guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Peloton Interactive. If investors know Peloton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Peloton Interactive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.07)
Revenue Per Share
7.26
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.07)
Return On Equity
(8.47)
The market value of Peloton Interactive is measured differently than its book value, which is the value of Peloton that is recorded on the company's balance sheet. Investors also form their own opinion of Peloton Interactive's value that differs from its market value or its book value, called intrinsic value, which is Peloton Interactive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Peloton Interactive's market value can be influenced by many factors that don't directly affect Peloton Interactive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Peloton Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peloton Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peloton Interactive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.