Interactive Strength (TRNR) Expected to Announce Earnings on Tuesday

Interactive Strength (NASDAQ:TRNR) is expected to be releasing its results before the market opens on Tuesday, April 7th. Analysts expect Interactive Strength to post earnings of ($30.30) per share and revenue of $4.50 million for the quarter.

Interactive Strength Trading Up 4.8%

Interactive Strength stock opened at $1.30 on Tuesday. The stock has a 50-day moving average price of $3.09 and a 200 day moving average price of $16.19. The company has a market capitalization of $689,000.00, a price-to-earnings ratio of -0.01 and a beta of 0.55. Interactive Strength has a 52 week low of $1.16 and a 52 week high of $126.99. The company has a quick ratio of 0.40, a current ratio of 0.56 and a debt-to-equity ratio of 2.29.

Wall Street Analysts Forecast Growth

Several analysts recently commented on TRNR shares. Wall Street Zen upgraded shares of Interactive Strength to a “hold” rating in a research report on Saturday, March 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Interactive Strength in a research note on Monday, December 29th. Finally, Maxim Group set a $22.50 target price on Interactive Strength in a research report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Interactive Strength has a consensus rating of “Buy” and a consensus target price of $22.50.

Interactive Strength Company Profile

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.