During the recent session, Pinterest Inc (NYSE:PINS)’s traded shares were 3.12 million, with the beta value of the company hitting 1.00. At the last check today, the stock’s price was $33.86, reflecting an intraday gain of 3.74% or $1.22. The 52-week high for the PINS share is $41.60, that puts it down -22.86 from that peak though still a striking 39.16% gain since the share price plummeted to a 52-week low of $20.60. The company’s market capitalization is $22.99B, and the average trade volume was 10.06 million shares over the past three months.
Pinterest Inc (NYSE:PINS) trade information
Pinterest Inc (PINS) registered a 3.74% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.74% in intraday trading to $33.86, hitting a weekly high. The stock’s 5-day price performance is 4.51%, and it has moved by -2.92% in 30 days. Based on these gigs, the overall price performance for the year is 27.25%.
Pinterest Inc (PINS) estimates and forecasts
Statistics show that Pinterest Inc has outperformed its competitors in share price, compared to the industry in which it operates. Pinterest Inc (PINS) shares have gone up 32.48% during the last six months, with a year-to-date growth rate more than the industry average at 22.94% against 18.90. In the rating firms’ projections, revenue will increase 17.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 699.87M as predicted by 28 analyst(s). Meanwhile, a consensus of 28 analyst(s) estimates revenue growth to 826.48M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 602.58M and 708.02M respectively. In this case, analysts expect current quarter sales to grow by 16.10% and then jump by 16.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 14.64%. While earnings are projected to return 24.59% in 2024, the next five years will return 23.30% per annum.
PINS Dividends
Pinterest Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
