In the last trading session, 8.25 million shares of the Pinterest Inc (NYSE:PINS) were traded, and its beta was 0.91. Most recently the company’s share price was $35.22, and it changed around $1.38 or 4.08% from the last close, which brings the market valuation of the company to $23.83B. PINS currently trades at a discount to its 52-week high of $45.19, offering almost -28.31% off that amount. The share price’s 52-week low was $23.68, which indicates that the current value has risen by an impressive 32.77% since then.
Pinterest Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.51. If we narrow it down even further, the data shows that 0 out of 44 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 9 recommended PINS as a Hold, whereas 28 deemed it a Buy, and 1 rated it as Underweight.
Pinterest Inc (NYSE:PINS) trade information
Instantly PINS has showed a green trend with a performance of 4.08% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 35.40 on recent trading dayincreased the stock’s daily price by 0.51%. The company’s shares are currently up 21.45% year-to-date, but still up 3.16% over the last five days. On the other hand, Pinterest Inc (NYSE:PINS) is 9.24% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $40, which translates to bulls needing to increase their stock price by 11.95% from its current value. Analyst projections state that PINS is forecast to be at a low of $32 and a high of $40.
Pinterest Inc earnings are expected to increase by 39.10% in 2025, but the outlook is positive 24.33% per year for the next five years.
PINS Dividends
Pinterest Inc’s next quarterly earnings report is expected to be released in July.
AUSTIN PRIVATE WEALTH, LLC, with 7.3188% or 50.0 million shares worth $220.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.