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The price of Pinterest Inc (NYSE: PINS) closed at $41.21 in the last session, up 1.30% from day before closing price of $40.68. In other words, the price has increased by $1.30 from its previous closing price. On the day, 4.96 million shares were traded. PINS stock price reached its highest trading level at $41.32 during the session, while it also had its lowest trading level at $40.78.
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 10.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.68. 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:
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 May 28 ’24 when Ellis Sabrina sold 22,345 shares for $41.42 per share. The transaction valued at 925,530 led to the insider holds 542,848 shares of the business.
Walcott Wanjiku Juanita sold 11,627 shares of PINS for $481,603 on May 28 ’24. The Chief Legal & Bus Affairs Ofc. now owns 307,256 shares after completing the transaction at $41.42 per share. On May 15 ’24, another insider, Sharp Evan, who serves as the Director of the company, sold 137,756 shares for $41.88 each. As a result, the insider received 5,768,733 and left with 0 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 28153434112 and an Enterprise Value of 25531361280. As of this moment, Pinterest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 195.40, and their Forward P/E ratio for the next fiscal year is 23.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.82 while its Price-to-Book (P/B) ratio in mrq is 8.95. Its current Enterprise Value per Revenue stands at 7.997 whereas that against EBITDA is 121.213.
Stock Price History:
Over the past 52 weeks, PINS has reached a high of $43.12, while it has fallen to a 52-week low of $23.59. The 50-Day Moving Average of the stock is 9.56%, while the 200-Day Moving Average is calculated to be 22.17%.
Shares Statistics:
According to the various share statistics, PINS traded on average about 9.17M shares per day over the past 3-months and 6389740 shares per day over the past 10 days. A total of 591.66M shares are outstanding, with a floating share count of 589.87M. Insiders hold about 13.66% of the company’s shares, while institutions hold 77.48% stake in the company. Shares short for PINS as of 1715731200 were 25421430 with a Short Ratio of 2.77, compared to 1713139200 on 24850221. Therefore, it implies a Short% of Shares Outstanding of 25421430 and a Short% of Float of 4.2600001999999995.
