In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Pinterest Inc’s stock clocked out at $32.93, down -0.87% from its previous closing price of $33.22. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 8.55 million shares were traded. PINS stock price reached its highest trading level at $33.91 during the session, while it also had its lowest trading level at $32.91.
Ratios:
To gain a deeper understanding of PINS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.58. For the most recent quarter (mrq), Quick Ratio is recorded 7.90 and its Current Ratio is at 7.90. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 13, 2025, Downgraded its rating to Hold and sets its target price to $32 from $40 previously.
On January 10, 2025, Monness Crespi & Hardt Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $40.
Piper Sandler Downgraded its Overweight to Neutral on December 10, 2024, whereas the target price for the stock was revised from $41 to $36.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 15 ’25 when Rajaram Gokul sold 1,150 shares for $30.43 per share. The transaction valued at 34,994 led to the insider holds 30,236 shares of the business.
Rajaram Gokul bought 1,150 shares of PINS for $34,995 on Jan 15 ’25. On Dec 18 ’24, another insider, Rajaram Gokul, who serves as the Director of the company, sold 1,150 shares for $30.98 each. As a result, the insider received 35,627 and left with 31,386 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 22254950400 and an Enterprise Value of 19966801920. As of this moment, Pinterest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 106.43, and their Forward P/E ratio for the next fiscal year is 17.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.41 while its Price-to-Book (P/B) ratio in mrq is 7.68. Its current Enterprise Value per Revenue stands at 5.749 whereas that against EBITDA is 112.721.
Stock Price History:
The Beta on a monthly basis for PINS is 1.06, which has changed by -0.16427672 over the last 52 weeks, in comparison to a change of 0.21794415 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 $27.00. The 50-Day Moving Average of the stock is 6.77%, while the 200-Day Moving Average is calculated to be -4.92%.
Shares Statistics:
It appears that PINS traded 11.04M shares on average per day over the past three months and 10879250 shares per day over the past ten days. A total of 592.37M shares are outstanding, with a floating share count of 583.19M. Insiders hold about 13.71% of the company’s shares, while institutions hold 78.28% stake in the company. Shares short for PINS as of 1736899200 were 29037826 with a Short Ratio of 2.63, compared to 1734048000 on 22407629. Therefore, it implies a Short% of Shares Outstanding of 29037826 and a Short% of Float of 4.9200002.
