Interactive Strength (TRNR) Projected to Post Quarterly Earnings on Monday

Interactive Strength (NASDAQ:TRNR) will likely be issuing its results before the market opens on Monday, May 18th. Analysts expect the company to announce earnings of ($31.25) per share and revenue of $4.6380 million for the quarter.

Interactive Strength Stock Performance

Interactive Strength stock opened at $0.85 on Monday. The stock has a market cap of $1.74 million, a P/E ratio of 0.00 and a beta of 0.50. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 0.71. The stock has a 50 day moving average of $1.33 and a 200-day moving average of $10.19. Interactive Strength has a 52 week low of $0.84 and a 52 week high of $126.00.

Analyst Ratings Changes

Several equities analysts recently issued reports on TRNR shares. Maxim Group set a $22.50 price objective on Interactive Strength in a research note on Friday, January 23rd. Wall Street Zen upgraded Interactive Strength to a “hold” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings upgraded Interactive Strength from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $22.50.

About Interactive Strength

Interactive Strength Inc, doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance. It also provides video on-demand classes, and personal training and expert health coaching services. The company sells its products through retail stores, as well as online.