In the latest trading session,, 1.48 million Pinterest Inc (NYSE:PINS) shares changed hands as the company’s beta touched 0.93. With the company’s most recent per share price at $32.60 changing hands around $0.34 or 1.04% at last look, the market valuation stands at $22.05B. PINS’s current price is a discount, trading about -38.62% off its 52-week high of $45.19. The share price had its 52-week low at $23.68, which suggests the last value was 27.36% up since then.
Analysts gave the Pinterest Inc (PINS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.57. If we narrow down to specifics, the data shows that 0 out of 28 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 9 recommended PINS as a Hold, 19 felt it is a Buy and 0 rated the stock as Underweight.
Pinterest Inc (NYSE:PINS) trade information
Instantly PINS is in green as seen in intraday trades today. With action -0.90%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 12.40%, with the 5-day performance at -0.90% in the red. However, in the 30-day time frame, Pinterest Inc (NYSE:PINS) is 32.07% up.
The consensus price target for the stock as assigned by Wall Street analysts is 40, meaning bulls need an upside of 18.5% from its recent market value. According to analyst projections, PINS’s forecast low is 32 with 40 as the target high. To hit the forecast high, the stock’s price needs a -22.7% plunge from its current level, while the stock would need to tank 1.84% for it to hit the projected low.
The 2025 estimates are for Pinterest Inc earnings to increase by 39.33%, but the outlook for the next 5-year period is at 25.45% per year.
PINS Dividends
Pinterest Inc is expected to release its next quarterly earnings report in June.
AUSTIN PRIVATE WEALTH, LLC holds the second largest percentage of outstanding shares, with 7.3188% or 50.0 million shares worth $220.0 as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund . With 17.69 shares estimated at $573.62 million under it, the former controlled 2.98% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund held about 2.04% of the shares, roughly 12.11 shares worth around $392.59 million.
