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Noted short-seller David Einhorn rose to prominence betting against Allied Capital, a private equity firm that offered debt and equity capital to finance leveraged buyouts, acquisitions, and corporate restructurings.
PTON focuses on strategic partnerships and cost optimization efforts to drive growth. However, the discontinued Bike Rental Program poses concerns.
Peloton's upcoming marketing campaign will reportedly promote the company's full range of services and target audiences the firm hasn't been reaching.
I'm confident that Peloton's current valuation at 9x this year's free cash flow is a rare opportunity. The company's debt maturity in 2029 allows ample time for restructuring and securing better terms. Subscriber churn is stabilizing, meaning Peloton can focus on growth and retention moving forward.
Peloton's stock jumped 34% after Q4 FY24 earnings release, but remains down 27% year-to-date. Management expects $75 million in free cash flow for FY2025 through a $2 billion cost-cutting plan and aims for $200–250 million in EBITDA. The company's subscription revenue is three times greater than its closest competitor, Apple Fitness.
Peloton Interactive, Inc. (NASDAQ:PTON ) Goldman Sachs Communacopia + Technology Conference September 11, 2024 1:10 PM ET Company Participants Liz Coddington - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan All right. I think in the interest of time, we're going to get going with our next fireside chat.
Peloton achieved positive revenue growth for the first time in multiple years last quarter. The company also strengthened its margins and reduced its expenses.
Peloton Interactive, Inc. (NASDAQ:PTON ) Citi Global TMT Conference September 5, 2024 10:00 AM ET Company Participants Liz Coddington - CFO Conference Call Participants Ron Josey - Citi Ron Josey All right. We got the thumbs up.
Peloton beat estimates on the top and bottom lines in its fiscal fourth-quarter report. Margins jumped after it closed a manufacturing facility.
This stock was hot during the pandemic. It's time to rethink its future.