Stick With Pinterest Inc (PINS). The Bull Are Alive And Well

Currently, there are 591.66M common shares owned by the public and among those 585.54M shares have been available to trade.

However, the script later moved the day high at 35.46, up 1.87%. The company’s stock has a 5-day price change of 4.22% and -5.23% over the past three months. PINS shares are trading -4.64% year to date (YTD), with the 12-month market performance up to 33.28% higher. It has a 12-month low price of $20.60 and touched a high of $41.60 over the same period. PINS has an average intraday trading volume of 10.18 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.49%, -2.59%, and 12.95% respectively.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Institutional ownership of Pinterest Inc (NYSE: PINS) shares accounts for 77.73% of the company’s 591.66M shares outstanding.

It has a market capitalization of $23.98B and a beta (3y monthly) value of 0.99. The earnings-per-share (ttm) stands at -$0.06. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.82% over the week and 3.01% over the month.

Analysts forecast that Pinterest Inc (PINS) will achieve an EPS of $0.13 for the current quarter, $0.25 for the next quarter and $1.69 for 2025. The lowest estimate earnings-per-share for the quarter is $0.09 while analysts give the company a high EPS estimate of $0.17. Comparatively, EPS for the current quarter was $0.08 a year ago. Earnings per share for the fiscal year are expected to increase by 23.92%, and 26.51% over the next financial year. EPS should grow at an annualized rate of 23.30% over the next five years, compared to 14.64% over the past 5-year period.

Looking at the support for the PINS, a number of firms have released research notes about the stock. Argus stated their Buy rating for the stock in a research note on January 18, 2024, with the firm’s price target at $45. BMO Capital Markets coverage for the Pinterest Inc (PINS) stock in a research note released on January 09, 2024 offered a Outperform rating with a price target of $45. Raymond James was of a view on December 20, 2023 that the stock is Outperform, while RBC Capital Mkts gave the stock Outperform rating on December 11, 2023, issuing a price target of $32- $46. Jefferies on their part issued Buy rating on November 30, 2023.

Most Popular

Related Posts