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The price of Pinterest Inc (NYSE: PINS) closed at $41.10 in the last session, up 0.78% from day before closing price of $40.78. In other words, the price has increased by $0.78 from its previous closing price. On the day, 4.83 million shares were traded. PINS stock price reached its highest trading level at $41.725 during the session, while it also had its lowest trading level at $40.81.
Ratios:
We take a closer look at PINS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.59. 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 18, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $45.
On January 09, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $45.BMO Capital Markets initiated its Outperform rating on January 09, 2024, with a $45 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 28078284800 and an Enterprise Value of 25456214016. As of this moment, Pinterest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 194.88, and their Forward P/E ratio for the next fiscal year is 23.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.80 while its Price-to-Book (P/B) ratio in mrq is 8.92. Its current Enterprise Value per Revenue stands at 7.974 whereas that against EBITDA is 120.856.
Stock Price History:
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 -3.48%, while the 200-Day Moving Average is calculated to be 13.46%.
Shares Statistics:
According to the various share statistics, PINS traded on average about 8.87M shares per day over the past 3-months and 7628420 shares per day over the past 10 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 77.21% stake in the company. Shares short for PINS as of 1719532800 were 29682546 with a Short Ratio of 3.35, compared to 1717113600 on 28669308. Therefore, it implies a Short% of Shares Outstanding of 29682546 and a Short% of Float of 4.9799999999999995.
