Pinterest Inc. (NYSE:PINS) went up by 1.17% from its latest closing price compared to the recent 1-year high of $68.93. The company’s stock price has collected 13.80% of gains in the last five trading sessions. MarketWatch.com reported on 11/03/20 that Charting a bullish reversal, S&P 500 spikes from key support amid election overhang
Is It Worth Investing in Pinterest Inc. (NYSE :PINS) Right Now?
Opinions of the stock are interesting as 16 analysts out of 29 who provided ratings for Pinterest Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $67.67, which is $4.32 above the current price. PINS currently public float of 507.51M and currently shorts hold a 2.53% ratio of that float. Today, the average trading volume of PINS was 18.85M shares.
PINS’s Market Performance
PINS stocks went up by 13.80% for the week, with a monthly jump of 38.26% and a quarterly performance of 83.46%, while its annual performance rate touched 224.87%. The volatility ratio for the week stands at 4.90% while the volatility levels for the past 30 days are set at 6.10% for Pinterest Inc.. The simple moving average for the period of the last 20 days is 11.34% for PINS stocks with a simple moving average of 119.70% for the last 200 days.
Analysts’ Opinion of PINS
Many brokerage firms have already submitted their reports for PINS stocks, with MKM Partners repeating the rating for PINS by listing it as a “Buy.” The predicted price for PINS in the upcoming period, according to MKM Partners is $66 based on the research report published on October 29th of the current year 2020.
JP Morgan, on the other hand, stated in their research note that they expect to see PINS reach a price target of $75, previously predicting the price at $57. The rating they have provided for PINS stocks is “Overweight” according to the report published on October 29th, 2020.
Pivotal Research Group gave a rating of “Buy” to PINS, setting the target price at $75 in the report published on October 29th of the current year.
PINS Trading at 34.74% 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 -8.10% of loss for the given period.
Volatility was left at 6.10%, however, over the last 30 days, the volatility rate increased by 4.90%, as shares surge +39.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +86.16% upper at present.
During the last 5 trading sessions, PINS rose by +13.80%, which changed the moving average for the period of 200-days by +182.06% in comparison to the 20-day moving average, which settled at $57.80. In addition, Pinterest Inc. saw 239.86% 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 sale 105,000 shares at the price of $59.76 back on Nov 12. After this action, Silbermann Benjamin now owns 0 shares of Pinterest Inc., valued at $6,275,062 using the latest closing price.
Silbermann Benjamin, the Chairman, President, CEO, Co-F of Pinterest Inc., sale 105,000 shares at $58.45 during a trade that took place back on Nov 11, which means that Silbermann Benjamin is holding 0 shares at $6,137,421 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 -19.10, with -16.10 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.