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In the latest session, Pinterest Inc (NYSE: PINS) closed at $43.09 down -0.39% from its previous closing price of $43.26. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 3.09 million shares were traded. PINS stock price reached its highest trading level at $43.47 during the session, while it also had its lowest trading level at $42.73.
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 10.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.36. 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 29458288640 and an Enterprise Value of 26836215808. As of this moment, Pinterest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 204.31, and their Forward P/E ratio for the next fiscal year is 24.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.22 while its Price-to-Book (P/B) ratio in mrq is 9.36. Its current Enterprise Value per Revenue stands at 8.406 whereas that against EBITDA is 127.408.
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 4.48%, while the 200-Day Moving Average is calculated to be 22.13%.
Shares Statistics:
For the past three months, PINS has traded an average of 8.74M shares per day and 6259370 over the past ten days. A total of 591.66M shares are outstanding, with a floating share count of 589.77M. 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.
