Pinterest Inc (NYSE: PINS) Stock: Does It Have Room To Grow?

In the last trading session, 13.88 million Pinterest Inc (NYSE:PINS) shares changed hands as the company’s beta touched 0.94. With the company’s per share price at $41.38 changed hands at $0.97 or 2.40% during last session, the market valuation stood at $28.09B. PINS’s last price was a discount, traded about -0.53% off its 52-week high of $41.60. The share price had its 52-week low at $20.60, which suggests the last value was 50.22% up since then. When we look at Pinterest Inc’s average trading volume, we note the 3-month average coming to 10.59 million.

Pinterest Inc (NYSE:PINS) trade information

Instantly PINS was in green as seen at the end of in last trading. With action 22.50%, the performance over the past five days has been green. The jump to weekly highs of 41.39 added 2.40% to the stock’s daily price. The company’s shares are showing year-to-date upside of 11.72%, with the 5-day performance at 22.50% in the green. However, in the 30-day time frame, Pinterest Inc (NYSE:PINS) is 20.71% up.

Pinterest Inc (PINS) estimates and forecasts

Data shows that the Pinterest Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 34.70% over the past 6 months, a 31.19% in annual growth rate that is considerably higher than the industry average of 22.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.64%. The 2024 estimates are for Pinterest Inc earnings to increase by 33.36%, but the outlook for the next 5-year period is at 23.30% per year.