Previous Close | 21.38 |
Open | 21.06 |
Bid | 17.21 x 800 |
Ask | 17.90 x 800 |
Day's Range | 19.85 - 21.06 |
52 Week Range | 19.85 - 48.16 |
Volume | |
Avg. Volume | 1,677,650 |
Market Cap | 1.599B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 4.99 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Peloton (PTON) shares surged Monday morning on an upgrade from longtime bear Simeon Siegel at BMO Capital. Siegel moved Peloton to a market perform rating, saying in a note that "after all this time, the risk/reward has shifted, even seeing a likely upward skew at current levels." He joined Yahoo Finance Live to further discuss, noting that the company has shifted away from its "instagram-able, beautiful" bikes and instead focusing on content. Recently Peloton guidance forecasted subscribers down in the next quarter, which doesn't deter Siegel. Instead, the "saturation concerns" paired with "seasonality" made it make sense to guide subscribers down. Ultimately, Siegel says it will be "very important" to figure out the company's ultimate market size. Siegel points to previously prestige brands like Victoria's Secret (VSCO), Michael Kors (CPRI) and Under Armour (UAA) who had to navigate a transition from being a prestige brand to one of ubiquity battling declining demand. But just because a brand is going back down "does not mean they are dead," Siegel explains. Peloton (PTON) will soon have to navigate a similar trend. "I don't think Peloton is a dead brand at all," Siegel says, but it "certainly doesn't stand for what it used to stand for." It's important for Peloton to look at this decline and "bear hug" brand loyalists, rather than push products on customers that don't want them. In his full interview, Simeon dives deeper into his Peloton upgrade with Brad Smith and Julie Hyman. Top Video Moments 00:00:15 Peloton pivoting from machine to content 00:00:44 PTON won't be guiding down forever 00:02:13 Brands declining on ubiquity aren't "dead" 00:02:40 Where did Peloton go wrong? 00:03:00 "Bear hug" brand loyalists
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the rise in stock for Victoria’s Secret & Co. following its quarterly earnings release.
Victoria's Secret (VSCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Yahoo Finance's Brad Smith discusses Victoria's Secret sales and an analyst downgrade sending shares lower.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Victoria's Secret (VSCO) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Yahoo Finance Live's Brian Sozzi highlights the winners and losers in retail according to Morgan Stanley.
There were some distinct winners and losers to kick off the holiday shopping season.
Victoria's Secret (VSCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Victoria's Secret (VSCO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
AMAT, Digital World Acquisition and Victoria's Secret are among the top trending stocks in after hours trading on Wednesday, October 12, 2022.
Yahoo Finance Live anchor Seana Smith looks at which tickers are making moves in after-hours trading.
Gap is a house on fire — and whether that fire gets put out in 2022 remains a large unknown.
Joules said trading had "softened materially" as the UK heatwave hit demand for rain-proof and warm clothes such as jackets and wellington boots, as well as accessories.
Yahoo Finance Live anchors discuss Wall Street analyst expectations for Bath & Body Works as well as reports that Victoria's Secret is cutting 5% of staff amid a broader reorganization.
Jharonne Martis, London Stock Exchange Group Director of Consumer Research, joins Yahoo Finance Live to discuss the state of the retail industry, the outlook on mall retailers, travel spending, and Amazon Prime Day.
Yahoo Finance's Dani Romero joins the Live show to discuss how fast fashion retailer Shein has become the most downloaded shopping app among U.S. consumers.
Yahoo Finance Live anchors discuss first-quarter earnings for Victoria's Secret.