Pinterest Inc. (NYSE:PINS) went up by 2.34% from its latest closing price compared to the recent 1-year high of $42.56. The company’s stock price has collected 4.96% of gains in the last five trading sessions. Barron’s reported on 09/28/20 that Pinterest and Snap Could See Higher Valuations, Guggenheim Says
Is It Worth Investing in Pinterest Inc. (NYSE :PINS) Right Now?
Opinions of the stock are interesting as 12 analysts out of 29 who provided ratings for Pinterest Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 13 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $38.23, which is -$3.71 below the current price. PINS currently public float of 459.79M and currently shorts hold a 3.55% ratio of that float. Today, the average trading volume of PINS was 16.41M shares.
PINS’s Market Performance
PINS stocks went up by 4.96% for the week, with a monthly jump of 12.83% and a quarterly performance of 78.31%, while its annual performance rate touched 57.06%. The volatility ratio for the week stands at 3.90% while the volatility levels for the past 30 days are set at 5.78% for Pinterest Inc.. The simple moving average for the period of the last 20 days is 11.10% for PINS stocks with a simple moving average of 76.52% for the last 200 days.
Analysts’ Opinion of PINS
Many brokerage firms have already submitted their reports for PINS stocks, with Guggenheim repeating the rating for PINS by listing it as a “Buy.” The predicted price for PINS in the upcoming period, according to Guggenheim is $48 based on the research report published on September 28th of the current year 2020.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see PINS reach a price target of $44. The rating they have provided for PINS stocks is “Overweight” according to the report published on September 15th, 2020.
Citigroup gave a rating of “Neutral” to PINS, setting the target price at $35 in the report published on August 24th of the current year.
PINS Trading at 20.99% 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 -2.47% of loss for the given period.
Volatility was left at 5.78%, however, over the last 30 days, the volatility rate increased by 3.90%, as shares surge +8.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +61.39% upper at present.
During the last 5 trading sessions, PINS rose by +4.96%, which changed the moving average for the period of 200-days by +137.88% in comparison to the 20-day moving average, which settled at $37.52. In addition, Pinterest Inc. saw 122.69% 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 Yang Tseli Lily, who sale 9,734 shares at the price of $40.94 back on Sep 28. After this action, Yang Tseli Lily now owns 72,117 shares of Pinterest Inc., valued at $398,513 using the latest closing price.
JORDAN JEFFREY D, the Director of Pinterest Inc., sale 18,594 shares at $38.76 during a trade that took place back on Sep 25, which means that JORDAN JEFFREY D is holding 391,277 shares at $720,703 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. Total debt to assets is 9.19, with long-term debt to equity ratio resting at 8.57. Finally, the long-term debt to capital ratio is 7.73.
When we switch over and look at the enterrpise 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.