Pinterest Inc. (NYSE:PINS) went down by -5.72% from its latest closing price compared to the recent 1-year high of $89.90. The company’s stock price has collected -3.63% of loss in the last five trading sessions. The Wall Street Journal reported on 02/20/21 that Online Speech Is Now an Existential Question for Tech
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,” 9 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $91.74, which is $10.41 above the current price. PINS currently public float of 529.34M and currently shorts hold a 3.71% ratio of that float. Today, the average trading volume of PINS was 11.52M shares.
PINS’s Market Performance
PINS stocks went down by -3.63% for the week, with a monthly jump of 10.16% and a quarterly performance of 25.66%, while its annual performance rate touched 260.28%. The volatility ratio for the week stands at 4.71% while the volatility levels for the past 30 days are set at 5.57% for Pinterest Inc.. The simple moving average for the period of the last 20 days is 3.99% for PINS stocks with a simple moving average of 75.88% for the last 200 days.
Analysts’ Opinion of PINS
Many brokerage firms have already submitted their reports for PINS stocks, with Piper Sandler repeating the rating for PINS by listing it as a “Neutral.” The predicted price for PINS in the upcoming period, according to Piper Sandler is $85 based on the research report published on February 08th of the current year 2021.
Pivotal Research Group, on the other hand, stated in their research note that they expect to see PINS reach a price target of $107.50, previously predicting the price at $85. The rating they have provided for PINS stocks is “Buy” according to the report published on February 05th, 2021.
Stifel gave a rating of “Buy” to PINS, setting the target price at $85 in the report published on January 21st of the current year.
PINS Trading at 10.32% 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 -9.91% of loss for the given period.
Volatility was left at 5.57%, however, over the last 30 days, the volatility rate increased by 4.71%, as shares surge +10.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.83% upper at present.
During the last 5 trading sessions, PINS fell by -3.63%, which changed the moving average for the period of 200-days by +357.05% in comparison to the 20-day moving average, which settled at $78.28. In addition, Pinterest Inc. saw 22.90% 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 Levine Jeremy S., who sale 150,000 shares at the price of $86.47 back on Feb 19. After this action, Levine Jeremy S. now owns 1,159,815 shares of Pinterest Inc., valued at $12,969,848 using the latest closing price.
Levine Jeremy S., the Director of Pinterest Inc., sale 200,000 shares at $85.60 during a trade that took place back on Feb 18, which means that Levine Jeremy S. is holding 1,309,815 shares at $17,119,601 based on the most recent closing price.
Stock Fundamentals for PINS
Current profitability levels for the company are sitting at:
- -8.42 for the present operating margin
- +73.41 for the gross margin
The net margin for Pinterest Inc. stands at -7.58. The total capital return value is set at -6.10, while invested capital returns managed to touch -5.61. Equity return is now at value -6.40, with -5.40 for asset returns.
Based on Pinterest Inc. (PINS), the company’s capital structure generated 8.16 points at debt to equity in total, while total debt to capital is 7.54. Total debt to assets is 7.01, with long-term debt to equity ratio resting at 6.21. Finally, the long-term debt to capital ratio is 5.74.
When we switch over and look at the enterprise to sales, we see a ratio of 22.28, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 3.85 and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.51.