6.09% percent quarterly performance for Pinterest Inc (PINS) is not indicative of the underlying story

On Friday, Pinterest Inc (NYSE: PINS) opened lower -0.62% from the last session, before settling in for the closing price of $30.84. Price fluctuations for PINS have ranged from $27.00 to $45.19 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 33.86%. Company’s average yearly earnings per share was noted 39.49% at the time writing. With a float of $583.53 million, this company’s outstanding shares have now reached $592.37 million.

Considering the fact that the conglomerate employs 4014 people, you should pay attention to its efficiency factor. 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 Activity

A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Pinterest Inc is 13.66%, while institutional ownership is 77.52%. The most recent insider transaction that took place on Nov 27 ’24, was worth 118,734. In this transaction Chief Accounting Officer of this company sold 3,845 shares at a rate of $30.88, taking the stock ownership to the 158,468 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Chief Legal & Bus Affairs Ofc. sold 11,862 for $30.82, making the entire transaction worth $365,587. This insider now owns 246,921 shares in total.

Pinterest Inc (PINS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 39.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.85% during the next five years compared to 14.64% growth over the previous five years of trading.

Pinterest Inc (NYSE: PINS) Trading Performance Indicators

Check out the current performance indicators for Pinterest Inc (PINS). In the past quarter, the stock posted a quick ratio of 7.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.93. Likewise, its price to free cash flow for the trailing twelve months is 21.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 1.85 in one year’s time.

Technical Analysis of Pinterest Inc (PINS)

Compared to the last year’s volume of 9.66 million, its volume of 11.05 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 36.22%. Additionally, its Average True Range was 1.10.

During the past 100 days, Pinterest Inc’s (PINS) raw stochastic average was set at 31.33%, which indicates a significant increase from 25.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.53% in the past 14 days, which was lower than the 46.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.71, while its 200-day Moving Average is $35.19. Nevertheless, the first resistance level for the watch stands at $30.88 in the near term. At $31.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.33. If the price goes on to break the first support level at $30.43, it is likely to go to the next support level at $30.21. Should the price break the second support level, the third support level stands at $29.98.

Pinterest Inc (NYSE: PINS) Key Stats

There are currently 675,826K shares outstanding in the company with a market cap of 20.59 billion. Presently, the company’s annual sales total 3,055 M according to its annual income of -35,610 K. Last quarter, the company’s sales amounted to 898,370 K and its income totaled 30,560 K.