Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Pinterest Inc (NYSE: PINS) closed at $32.64 down -0.64% from its previous closing price of $32.85. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 16.85 million shares were traded. PINS stock price reached its highest trading level at $33.05 during the session, while it also had its lowest trading level at $30.56.
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 8.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.64. For the most recent quarter (mrq), Quick Ratio is recorded 10.53 and its Current Ratio is at 10.53. In the meantime, Its Debt-to-Equity ratio is 0.06 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 Apr 15 ’24 when Rajaram Gokul sold 1,934 shares for $33.34 per share. The transaction valued at 64,480 led to the insider holds 31,646 shares of the business.
JORDAN JEFFREY D sold 20,000 shares of PINS for $701,672 on Apr 01 ’24. The Director now owns 34,215 shares after completing the transaction at $35.08 per share. On Mar 27 ’24, another insider, Brau Donnelly Julia, who serves as the Chief Financial Officer of the company, sold 30,221 shares for $35.45 each. As a result, the insider received 1,071,330 and left with 327,358 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 22279442432 and an Enterprise Value of 19847215104. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.25 while its Price-to-Book (P/B) ratio in mrq is 7.16. Its current Enterprise Value per Revenue stands at 6.496 whereas that against EBITDA is 873.826.
Stock Price History:
Over the past 52 weeks, PINS has reached a high of $41.60, while it has fallen to a 52-week low of $20.60. The 50-Day Moving Average of the stock is -5.80%, while the 200-Day Moving Average is calculated to be 2.21%.
Shares Statistics:
For the past three months, PINS has traded an average of 9.91M shares per day and 7446910 over the past ten days. A total of 591.66M shares are outstanding, with a floating share count of 585.58M. Insiders hold about 13.76% of the company’s shares, while institutions hold 78.16% stake in the company. Shares short for PINS as of 1713139200 were 24850221 with a Short Ratio of 2.51, compared to 1710460800 on 24500805. Therefore, it implies a Short% of Shares Outstanding of 24850221 and a Short% of Float of 4.17.
Earnings Estimates
The current assessment of Pinterest Inc (PINS) involves the perspectives of 21.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.17 and a low estimate of $0.09, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.25, with high estimates of $0.28 and low estimates of $0.22.
Analysts are recommending an EPS of between $1.49 and $1.02 for the fiscal current year, implying an average EPS of $1.35. EPS for the following year is $1.69, with 24.0 analysts recommending between $1.93 and $1.4.
Revenue Estimates
A total of 28 analysts believe the company’s revenue will be $699.87M this quarter.It ranges from a high estimate of $705.1M to a low estimate of $694.5M. As of the current estimate, Pinterest Inc’s year-ago sales were $602.58MFor the next quarter, 28 analysts are estimating revenue of $826.48M. There is a high estimate of $854.8M for the next quarter, whereas the lowest estimate is $781.6M.
A total of 35 analysts have provided revenue estimates for PINS’s current fiscal year. The highest revenue estimate was $3.74B, while the lowest revenue estimate was $3.44B, resulting in an average revenue estimate of $3.58B. In the same quarter a year ago, actual revenue was $3.06BBased on 33 analysts’ estimates, the company’s revenue will be $4.23B in the next fiscal year. The high estimate is $5.28B and the low estimate is $3.87B.
