Currently, there are 593.46M common shares owned by the public and among those 582.89M shares have been available to trade.
The company’s stock has a 5-day price change of 21.36% and 22.25% over the past three months. PINS shares are trading 37.93% year to date (YTD), with the 12-month market performance down to -2.56% lower. It has a 12-month low price of $27.00 and touched a high of $45.19 over the same period. PINS has an average intraday trading volume of 11.49 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 22.94%, 27.15%, and 15.33% respectively.
Institutional ownership of Pinterest Inc (NYSE: PINS) shares accounts for 76.88% of the company’s 593.46M shares outstanding.
It has a market capitalization of $27.10B and a beta (3y monthly) value of 1.04. The stock’s trailing 12-month PE ratio is 14.79, while the earnings-per-share (ttm) stands at $2.70. The company has a PEG of 0.52 and a Quick Ratio of 8.75 with the debt-to-equity ratio at 0.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.95% over the week and 3.37% over the month.
Earnings per share for the fiscal year are expected to increase by 43.99%, and 20.02% over the next financial year.
Looking at the support for the PINS, a number of firms have released research notes about the stock. The Benchmark Company stated their Buy rating for the stock in a research note on February 07, 2025, with the firm’s price target at $55. Bernstein coverage for the Pinterest Inc (PINS) stock in a research note released on February 07, 2025 offered a Outperform rating with a price target of $47. Jefferies was of a view on January 13, 2025 that the stock is Hold, while Monness Crespi & Hardt gave the stock Buy rating on January 10, 2025, issuing a price target of $40. Piper Sandler on their part issued Neutral rating on December 10, 2024.
