A new trading day began on Monday, with Pinterest Inc (NYSE: PINS) stock price up 2.66% from the previous day of trading, before settling in for the closing price of $28.24. PINS’s price has ranged from $27.00 to $45.19 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 33.86% over the past five years. Meanwhile, its annual earnings per share averaged 39.29%. With a float of $584.13 million, this company’s outstanding shares have now reached $591.66 million.
Let’s look at the performance matrix of the company that is accounted for 4014 employees. In terms of profitability, gross margin is 78.94%, operating margin of 3.3%, and the pretax margin is 6.96%.
Pinterest Inc (PINS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Pinterest Inc is 13.57%, while institutional ownership is 77.27%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 39.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.85% during the next five years compared to 14.64% growth over the previous five years of trading.
Pinterest Inc (NYSE: PINS) Trading Performance Indicators
Here are Pinterest Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 7.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.42. Likewise, its price to free cash flow for the trailing twelve months is 19.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.64 in the next quarter and is forecasted to reach 1.83 in one year’s time.
Technical Analysis of Pinterest Inc (PINS)
Pinterest Inc (NYSE: PINS) saw its 5-day average volume 12.65 million, a positive change from its year-to-date volume of 9.64 million. As of the previous 9 days, the stock’s Stochastic %D was 13.94%. Additionally, its Average True Range was 1.20.
During the past 100 days, Pinterest Inc’s (PINS) raw stochastic average was set at 11.19%, which indicates a significant decrease from 15.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.69% in the past 14 days, which was higher than the 45.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.70, while its 200-day Moving Average is $35.73. Nevertheless, the first resistance level for the watch stands at $29.25 in the near term. At $29.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.01. If the price goes on to break the first support level at $28.49, it is likely to go to the next support level at $27.98. The third support level lies at $27.73 if the price breaches the second support level.
Pinterest Inc (NYSE: PINS) Key Stats
With a market capitalization of 18.84 billion, the company has a total of 686,196K Shares Outstanding. Currently, annual sales are 3,055 M while annual income is -35,610 K. The company’s previous quarter sales were 898,370 K while its latest quarter income was 30,560 K.
