Pinterest Inc (NYSE:PINS) has a beta value of 0.91 and has seen 9.27 million shares traded in the last trading session. The company, currently valued at $24.18B, closed the last trade at $35.74 per share which meant it gained $1.74 on the day or 5.12% during that session. The PINS stock price is -26.44% off its 52-week high price of $45.19 and 33.74% above the 52-week low of $23.68. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.37 million shares traded. The 3-month trading volume is 12.40 million shares.
The consensus among analysts is that Pinterest Inc (PINS) is Buy stock at the moment, with a recommendation rating of 1.51. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 9 out of 28 have rated it as a Hold, with 19 advising it as a Buy. 0 have rated the stock as Underweight.
Pinterest Inc (NYSE:PINS) trade information
Sporting 5.12% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PINS stock price touched $35.74 or saw a rise of 0.11%. Year-to-date, Pinterest Inc shares have moved -18.79%, while the 5-day performance has seen it change 1.48%. Over the past 30 days, the shares of Pinterest Inc (NYSE:PINS) have changed 12.57%. Short interest in the company has seen 22.86 million shares shorted with days to cover at 1.57.
Wall Street analysts have a consensus price target for the stock at $40, which means that the shares’ value could jump 10.65% from current levels. The projected low price target is $32.0 while the price target rests at a high of $40.0. In that case, then, we find that the current price level is -11.92% off the targeted high while a plunge would see the stock lose 10.46% from current levels.
Pinterest Inc (PINS) estimates and forecasts
The company’s shares have gained 19.65% over the past 6 months.
Earnings growth for 2025 is a modest 39.18% while over the next 5 years, the company’s earnings are expected to increase by 24.38%.
PINS Dividends
Pinterest Inc is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Pinterest Inc (NYSE:PINS)’s Major holders
Insiders own 0.72% of the company shares, while shares held by institutions stand at 94.72% with a share float percentage of 95.41%. Investors are also buoyed by the number of investors in a company, with Pinterest Inc having a total of 1157.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 59.14 million shares worth more than $2.61 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.6569% of shares outstanding.
The other major institutional holder is AUSTIN PRIVATE WEALTH, LLC, with the holding of over 50.0 million shares as of 2024-06-30. The firm’s total holdings are worth over $220.0 and represent 7.3188% of shares outstanding.
