Pinterest, Inc. (NYSE:PINS) went up by 6.48% from its latest closing price compared to the recent 1-year high of $39.64. The company’s stock price has collected 5.64% of gains in the last five trading sessions. Press Release reported on 09/08/20 that Pinterest to Participate in the Deutsche Bank Virtual Technology Conference
Is It Worth Investing in Pinterest, Inc. (NYSE :PINS) Right Now?
The average price from analysts is $37.80, which is $1.2 above the current price. PINS currently public float of 459.79M and currently shorts hold a 3.17% ratio of that float. Today, the average trading volume of PINS was 16.24M shares.
PINS’s Market Performance
PINS stocks went up by 5.64% for the week, with a monthly jump of 4.19% and a quarterly performance of 71.73%, while its annual performance rate touched 25.07%. The volatility ratio for the week stands at 6.60% while the volatility levels for the past 30 days are set at 5.73% for Pinterest, Inc.. The simple moving average for the period of the last 20 days is 3.39% for PINS stocks with a simple moving average of 62.67% for the last 200 days.
Analysts’ Opinion of PINS
Many brokerage firms have already submitted their reports for PINS stocks, with Citigroup repeating the rating for PINS by listing it as a “Neutral.” The predicted price for PINS in the upcoming period, according to Citigroup is $35 based on the research report published on August 24th of the current year 2020.
Morgan Stanley, on the other hand, stated in their research note that they expect to see PINS reach a price target of $44, previously predicting the value of $34. The rating they have provided for PINS stocks is “Overweight” according to the report published on August 10th, 2020.
UBS gave a rating of “ Buy” to PINS, setting the target price at $42 in the report published on August 3rd of the current year.
PINS Trading at 16.37% from the 50-Day Moving Average
After a stumble in the market that brought PINS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.38% of loss for the given period.
Volatility was left at 5.73%, however, over the last 30 days, the volatility rate increased by 6.60%, as shares surge +4.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.64% upper at present.
During the last 5 trading sessions, PINS rose by +5.64%, which changed the moving average for the period of 200-days by +86.07% in comparison to the 20-day moving average, which settled at $35.21. In addition, Pinterest, Inc. saw 94.85% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PINS starting from Silbermann Benjamin, who sold 80,963 shares at the price of $35.71 back on Sep 10. After this action, Silbermann Benjamin now owns 0 shares of Pinterest, Inc., valued at $2,891,083 using the latest closing price.
Silbermann Benjamin, the Chairman, President, CEO, Co-F of Pinterest, Inc., sold 86,450 shares at $35.20 during a trade that took place back on Sep 09, which means that Silbermann Benjamin is holding 0 shares at $3,043,146 based on the most recent closing price.
Stock Fundamentals for PINS
Current profitability levels for the company are sitting at:
- -121.54 for the present operating margin
- +68.59 for the gross margin
The net margin for Pinterest, Inc. stands at -119.13. The total capital return value is set at -85.05, while invested capital returns managed to touch -84.57. Equity return is now at value -20.60, with -17.50 for asset returns.
Based on Pinterest, Inc. (PINS), the company’s capital structure generated 10.87 points at debt to equity in total, while total debt to capital is 9.80.
When we switch over and look at the enterprise to sales, we see a ratio of 5.55, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 4.25 and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.74.