Pinterest Inc (NYSE: PINS) kicked off on Monday, up 1.02% from the previous trading day, before settling in for the closing price of $32.40. Over the past 52 weeks, PINS has traded in a range of $20.60-$41.60.
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
Communication Services Sector giant saw their annual sales surged by 33.86% over the last five years. While this was happening, its average annual earnings per share was recorded 24.64%. With a float of $585.55 million, this company’s outstanding shares have now reached $591.66 million.
The firm has a total of 4014 workers. Let’s measure their productivity.
Pinterest Inc (PINS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Pinterest Inc is 13.76%, while institutional ownership is 78.40%. The most recent insider transaction that took place on Apr 15 ’24, was worth 64,480. In this transaction Director of this company sold 1,934 shares at a rate of $33.34, taking the stock ownership to the 31,646 shares. Before that another transaction happened on Apr 01 ’24, when Company’s Director sold 20,000 for $35.08, making the entire transaction worth $701,672. This insider now owns 34,215 shares in total.
Pinterest Inc (PINS) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 0.08 earnings per share (EPS), higher than consensus estimate (set at 0.01) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.30% during the next five years compared to 14.64% growth over the previous five years of trading.
Pinterest Inc (NYSE: PINS) Trading Performance Indicators
Take a look at Pinterest Inc’s (PINS) current performance indicators. Last quarter, stock had a quick ratio of 10.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.27. Likewise, its price to free cash flow for the trailing twelve months is 36.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.71 in one year’s time.
Technical Analysis of Pinterest Inc (PINS)
Analysing the last 5-days average volume posted by the [Pinterest Inc, PINS], we can find that recorded value of 6.15 million was lower than the volume posted last year of 9.48 million. As of the previous 9 days, the stock’s Stochastic %D was 22.47%. Additionally, its Average True Range was 0.95.
During the past 100 days, Pinterest Inc’s (PINS) raw stochastic average was set at 9.35%, which indicates a significant decrease from 15.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.48% in the past 14 days, which was lower than the 31.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.78, while its 200-day Moving Average is $31.88. Now, the first resistance to watch is $33.06. This is followed by the second major resistance level at $33.40. The third major resistance level sits at $33.86. If the price goes on to break the first support level at $32.26, it is likely to go to the next support level at $31.80. Should the price break the second support level, the third support level stands at $31.46.
Pinterest Inc (NYSE: PINS) Key Stats
The company with the Market Capitalisation of 22.22 billion has total of 678,983K Shares Outstanding. Its annual sales at the moment are 3,055 M in contrast with the sum of -35,610 K annual income. Company’s last quarter sales were recorded 981,260 K and last quarter income was 201,180 K.
