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In the latest session, Pinterest Inc (NYSE: PINS) closed at $43.44 down -0.16% from its previous closing price of $43.51. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 4.22 million shares were traded. PINS stock price reached its highest trading level at $43.8371 during the session, while it also had its lowest trading level at $43.22.
Ratios:
For a deeper understanding of Pinterest Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.67. For the most recent quarter (mrq), Quick Ratio is recorded 10.04 and its Current Ratio is at 10.04. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
On January 09, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $45.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 27 ’24 when Brau Donnelly Julia sold 30,280 shares for $44.38 per share. The transaction valued at 1,343,887 led to the insider holds 362,822 shares of the business.
Acosta Andrea sold 2,564 shares of PINS for $115,380 on Jun 20 ’24. The Chief Accounting Officer now owns 186,906 shares after completing the transaction at $45.00 per share. On Jun 13 ’24, another insider, Acosta Andrea, who serves as the Chief Accounting Officer of the company, sold 3,845 shares for $43.90 each. As a result, the insider received 168,796 and left with 189,470 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PINS now has a Market Capitalization of 29676902400 and an Enterprise Value of 27054831616. As of this moment, Pinterest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 205.97, and their Forward P/E ratio for the next fiscal year is 24.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.30 while its Price-to-Book (P/B) ratio in mrq is 9.43. Its current Enterprise Value per Revenue stands at 8.475 whereas that against EBITDA is 128.446.
Stock Price History:
The Beta on a monthly basis for PINS is 0.96, which has changed by 0.51781976 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, PINS has reached a high of $45.19, while it has fallen to a 52-week low of $23.59. The 50-Day Moving Average of the stock is 4.27%, while the 200-Day Moving Average is calculated to be 22.50%.
Shares Statistics:
For the past three months, PINS has traded an average of 8.71M shares per day and 5701230 over the past ten days. A total of 591.66M shares are outstanding, with a floating share count of 589.80M. Insiders hold about 13.67% of the company’s shares, while institutions hold 77.36% stake in the company. Shares short for PINS as of 1718323200 were 29546510 with a Short Ratio of 3.39, compared to 1715731200 on 25421430. Therefore, it implies a Short% of Shares Outstanding of 29546510 and a Short% of Float of 4.95.
