In the last trading session, 0.2 million Pinstripes Holdings Inc (NYSE:PNST) shares changed hands as the company’s beta touched -0.01. With the company’s per share price at $0.44 changed hands at -$0.03 or -6.95% during last session, the market valuation stood at $17.72M. PNST’s last price was a discount, traded about -3536.36% off its 52-week high of $16.00. When we look at Pinstripes Holdings Inc’s average trading volume, we note the 10-day average is 0.27 million shares, with the 3-month average coming to 93.11K.
Analysts gave the Pinstripes Holdings Inc (PNST) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended PNST as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Pinstripes Holdings Inc’s EPS for the current quarter is expected to be -0.05.
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Pinstripes Holdings Inc (NYSE:PNST) trade information
Instantly PNST was in red as seen at the end of in last trading. With action -14.90%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -95.94%, with the 5-day performance at -14.90% in the red. However, in the 30-day time frame, Pinstripes Holdings Inc (NYSE:PNST) is -48.06% down. Looking at the short shares, we see there were 94311.0 shares sold at short interest cover period of 1.8 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 91.2% from its current market value. According to analyst projections, PNST’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -1036.36% plunge from its current level, while the stock would need to soar -1036.36% for it to hit the projected low.
Pinstripes Holdings Inc (PNST) estimates and forecasts
Data shows that the Pinstripes Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -85.27% over the past 6 months, a -90.24% in annual growth rate that is considerably lower than the industry average of 6.50%. Year-over-year growth is forecast to reach 13.80% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 36.75M. 3 analysts are of the opinion that Pinstripes Holdings Inc’s revenue for the current quarter will be 41.29M. The company’s revenue for the corresponding quarters a year ago was 32.16M and 36.2M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 14.27%. The estimates for the next quarter sales put growth at 14.08%.
The 2024 estimates are for Pinstripes Holdings Inc earnings to decrease by -89.47%.
PNST Dividends
Pinstripes Holdings Inc is expected to release its next quarterly earnings report in January.
