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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Pinterest Inc’s stock clocked out at $44.12, down -0.63% from its previous closing price of $44.40. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 3.82 million shares were traded. PINS stock price reached its highest trading level at $44.58 during the session, while it also had its lowest trading level at $43.94.
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 10.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.27. 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:
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 Jun 20 ’24 when Acosta Andrea sold 2,564 shares for $45.00 per share. The transaction valued at 115,380 led to the insider holds 186,906 shares of the business.
Acosta Andrea sold 3,845 shares of PINS for $168,796 on Jun 13 ’24. The Chief Accounting Officer now owns 189,470 shares after completing the transaction at $43.90 per share. On May 28 ’24, another insider, Ellis Sabrina, who serves as the Chief Product Officer of the company, sold 22,345 shares for $41.42 each. As a result, the insider received 925,530 and left with 542,848 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 30332764160 and an Enterprise Value of 27519387648. As of this moment, Pinterest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 209.20, and their Forward P/E ratio for the next fiscal year is 24.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.44 while its Price-to-Book (P/B) ratio in mrq is 9.58. Its current Enterprise Value per Revenue stands at 8.62 whereas that against EBITDA is 130.651.
Stock Price History:
The Beta on a monthly basis for PINS is 0.97, which has changed by 0.6137527 over the last 52 weeks, in comparison to a change of 0.23200047 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 9.30%, while the 200-Day Moving Average is calculated to be 26.23%.
Shares Statistics:
It appears that PINS traded 8.75M shares on average per day over the past three months and 6775320 shares per day over the past ten days. A total of 591.66M shares are outstanding, with a floating share count of 589.81M. Insiders hold about 13.67% of the company’s shares, while institutions hold 77.30% stake in the company. Shares short for PINS as of 1718323200 were 29546510 with a Short Ratio of 3.38, compared to 1715731200 on 25421430. Therefore, it implies a Short% of Shares Outstanding of 29546510 and a Short% of Float of 4.95.
