Pinterest Inc (NYSE:PINS)’s traded shares stood at 5.35 million during the last session, with the company’s beta value hitting 1.02. At the close of trading, the stock’s price was $32.35, to imply an increase of 1.63% or $0.52 in intraday trading. The PINS share’s 52-week high remains $45.19, putting it -39.69% down since that peak but still an impressive 27.08% since price per share fell to its 52-week low of $23.59. The company has a valuation of $22.20B, with an average of 6.33 million shares in intraday trading volume over the past 10 days and average of 9.69 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Pinterest Inc (PINS), translating to a mean rating of 1.64. Of 28 analyst(s) looking at the stock, 0 analyst(s) give PINS a Sell rating. 0 of those analysts rate the stock as Overweight while 9 advise Hold as 19 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.34.

Pinterest Inc (NYSE:PINS) trade information

After registering a 1.63% upside in the last session, Pinterest Inc (PINS) has traded red over the past five days. The 5-day price performance for the stock is -2.50%, and -1.13% over 30 days. With these gigs, the year-to-date price performance is -12.66%. Short interest in Pinterest Inc (NYSE:PINS) saw shorts transact 20.58 million shares and set a 2.61 days time to cover.

The extremes give us $18 and $100 for target low and target high price respectively. As such, PINS has been trading -209.12% off suggested target high and 44.36% from its likely low.

Pinterest Inc (PINS) estimates and forecasts

Looking at statistics comparing Pinterest Inc share performance against respective industry, we note that the company has outperformed competitors. Pinterest Inc (PINS) shares are -4.74% down over the last 6 months, with its year-to-date growth rate higher than industry average at 32.11% against 18.70%. Revenue is forecast to grow 21.40% this quarter before jumping 17.00% for the next one. The rating firms project that company’s revenue will grow 19.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 30 analysts is 896.35M. Meanwhile, for the current quarter, a total of 30 analyst(s) estimate revenue growth to 1.14B.Earnings reports from the last fiscal year show that sales brought in 743.5M and 981.26M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 20.60% before jumping 16.50% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 14.64% for the past 5-year period. While 2024 is set for a 33.36% return in earnings, projections for the next 5 years are at 43.95% annually.

PINS Dividends

Pinterest Inc has its next earnings report out on 2024-Nov-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Pinterest Inc (NYSE:PINS)’s Major holders

Pinterest Inc insiders hold 0.56% of total outstanding shares, with institutional holders owning 94.63% of the shares at 95.17% float percentage. In total, 94.63% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 59.14 million shares (or 8.7124% of shares), all amounting to roughly $2.61 billion.

The next major institution holding the largest number of shares is AUSTIN PRIVATE WEALTH, LLC with 50.0 million shares, or about 7.3657% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $220.0.