Considering investing in bicycle stocks? While the best bicycle stocks depend on your portfolio and investment goals, we've identified some bicycle stocks that are worth keeping an eye on in the bike sector. Keep reading to learn more about bicycle stocks and how to start investing.
7 popular bicycle stocks to watch
We round up a selection of stocks in or related to the bike industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Vista Outdoor (VSTO.US) | (data unavailable) | $2.6 billion (USD) | NYSE | (data unavailable) | Buy now |
| Allegion (ALLE.US) | 16.28% | $14.3 billion (USD) | NYSE | 395,556 | Buy now |
| Peloton Interactive (PTON.US) | (data unavailable) | $2.8 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Dorel Industries (DII-B.TO) | (data unavailable) | $55.3 million (CAD) | Toronto Stock Exchange | (data unavailable) | Buy now |
| Halfords Group PLC ADR (HLFDY.US) | (data unavailable) | $420.5 million (USD) | PINK | (data unavailable) | Buy now |
| N/A (ACCEL.AS) | (data unavailable) | (data unavailable) | N/A | (data unavailable) | Buy now |
| Shimano Inc ADR (SMNNY.US) | (data unavailable) | $9.1 billion (USD) | PINK | (data unavailable) | Buy now |
What to look for when investing in bicycle stock
The bike industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering bicycle stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in bicycle stock
- Research the bike industry. Before investing, learn about the bicycle stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the bicycle stock(s) to buy. Search by company name or ticker symbol, like VSTO or ALLE. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy bicycle stocks
Are bicycle stocks a good investment?
While it's possible to turn a profit investing in bicycle stocks, keep in mind that—like any investment—bicycle stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the bike industry, so carefully vet your picks before you invest.What are the best bicycle stocks?
A lot of factors go into picking the best bicycle stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong bicycle stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular bicycle stocks in or related to the bike industry to help narrow down your options:
- Vista Outdoor (VSTO)
- Allegion (ALLE)
- Peloton Interactive (PTON)
- Dorel Industries (DII-B)
- Halfords Group PLC ADR (HLFDY)
- N/A (N/A)
- Shimano Inc ADR (SMNNY)
Keep in mind that this is not a "best" list or a recommendation. It highlights some bicycle stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each bicycle stock below. Keep reading to decide if any of these companies are the right investment for you.
Vista Outdoor (VSTO)
Vista Outdoor Inc. designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally.
| Market Capitalization | $2.6 billion |
|---|---|
| Gross profit (TTM) | $1 billion |
| Profit margin | -0.34% |
| Revenue (TTM) | $2.7 billion |
| Earnings per share (TTM) | -$0.19 |
Allegion (ALLE)
Allegion plc engages in the provision of security products and solutions worldwide. The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems. It also provides services and software, such as inspection, maintenance, and repair services for its automatic entrance solutions; software as a service, including access control, platform integration, and workforce management solutions; and ongoing aftermarket services, design and installation offerings, and locksmith offerings.
| Closing stock price | $164.03 |
|---|---|
| Market Capitalization | $14.3 billion |
| Gross profit (TTM) | $1.8 billion |
| Profit margin | 16.09% |
| Revenue (TTM) | $4 billion |
| Earnings per share (TTM) | $7.39 |
| 52-week stock price range | $115.80 – $180.68 |
Peloton Interactive (PTON)
Peloton Interactive, Inc. provides fitness and wellness products and services in North America and internationally. The company offers connected fitness products, such as the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, and Peloton Row.
| Market Capitalization | $2.8 billion |
|---|---|
| Gross profit (TTM) | $1.2 billion |
| Profit margin | -4.24% |
| Revenue (TTM) | $2.5 billion |
| Earnings per share (TTM) | -$0.27 |
| 52-week stock price range | $4.63 – $10.90 |
Dorel Industries (DII-B)
Dorel Industries Inc. engages in the designing, manufacturing, sourcing, marketing, and distributing home and juvenile products in the United States, Europe, Latin America, Canada, and Asia . The company operates through Dorel Home and Dorel Juvenile segments.
| Market Capitalization | C$55.3 million |
|---|---|
| Gross profit (TTM) | C$214.9 million |
| Profit margin | -15.40% |
| Revenue (TTM) | C$1.2 billion |
| Earnings per share (TTM) | -C$8.19 |
| 52-week stock price range | C$1.15 – C$5.29 |
Halfords Group PLC ADR (HLFDY)
Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom. It operates through two segments, Retail and Autocentres. The company offers batteries; car parts, cleaning solutions, seats, and accessories; engine oils and fluids; tyres; tools; baby and child car accessories; bulbs; wiper blades; roof bars and boxes; number plates; camping; and travel accessories.
| Market Capitalization | $420.5 million |
|---|---|
| Gross profit (TTM) | $900.8 million |
| Profit margin | -1.94% |
| Revenue (TTM) | $1.7 billion |
| Earnings per share (TTM) | -$0.41 |
| 52-week stock price range | $3.00 – $4.70 |
N/A (N/A)
N/A. . .
Shimano Inc ADR (SMNNY)
Shimano Inc. , together with its subsidiaries, develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company operates in Japan, North America, Europe, Asia, and internationally.
| Market Capitalization | $9.1 billion |
|---|---|
| Gross profit (TTM) | $166.6 billion |
| Profit margin | 10.94% |
| Revenue (TTM) | $467.1 billion |
| Earnings per share (TTM) | $0.26 |
| 52-week stock price range | $9.36 – $15.03 |
Compare trading platforms to buy bicycle stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding bicycle stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of bicycle stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the bike industry to know when to buy, sell or hold.Frequently asked questions about bicycle stocks
Sources
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If you're thinking about diversifying your portfolio and investing in sectors beyond bicycle stocks, here are some others you can consider:More guides on Finder
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