Pinterest Inc (NYSE: PINS) on Friday, soared 0.72% from the previous trading day, before settling in for the closing price of $31.79. Within the past 52 weeks, PINS’s price has moved between $27.00 and $45.19.
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A company in the Communication Services sector has jumped its sales by 33.86% annually for the last half of the decade. The company achieved an average annual earnings per share of 33.36%. With a float of $594.18 million, this company’s outstanding shares have now reached $686.20 million.
In an organization with 4014 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 78.58%, operating margin of 3.46%, and the pretax margin is 6.87%.
Pinterest Inc (PINS) Insider Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Pinterest Inc is 13.41%, while institutional ownership is 80.64%. The most recent insider transaction that took place on Oct 16 ’24, was worth 38,548. In this transaction Director of this company sold 1,150 shares at a rate of $33.52, taking the stock ownership to the 33,686 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Director proposed sale 1,150 for $33.52, making the entire transaction worth $38,548.
Pinterest Inc (PINS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 33.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.95% during the next five years compared to 14.64% growth over the previous five years of trading.
Pinterest Inc (NYSE: PINS) Trading Performance Indicators
Pinterest Inc (PINS) is currently performing well based on its current performance indicators. A quick ratio of 9.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.63. Likewise, its price to free cash flow for the trailing twelve months is 27.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.78 in one year’s time.
Technical Analysis of Pinterest Inc (PINS)
Let’s dig in a bit further. During the last 5-days, its volume was 6.36 million. That was inferior than the volume of 9.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.98%. Additionally, its Average True Range was 0.85.
During the past 100 days, Pinterest Inc’s (PINS) raw stochastic average was set at 27.61%, which indicates a significant decrease from 28.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.10% in the past 14 days, which was lower than the 37.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.74, while its 200-day Moving Average is $36.11. However, in the short run, Pinterest Inc’s stock first resistance to watch stands at $32.40. Second resistance stands at $32.78. The third major resistance level sits at $33.19. If the price goes on to break the first support level at $31.61, it is likely to go to the next support level at $31.20. Assuming the price breaks the second support level, the third support level stands at $30.82.
Pinterest Inc (NYSE: PINS) Key Stats
Market capitalization of the company is 22.13 billion based on 686,196K outstanding shares. Right now, sales total 3,055 M and income totals -35,610 K. The company made 853,680 K in profit during its latest quarter, and 8,890 K in sales during its previous quarter.
