Pinterest Inc. (NYSE:PINS) went down by -1.02% from its latest closing price compared to the recent 1-year high of $89.90. The company’s stock price has collected -15.44% of loss in the last five trading sessions. Barron’s reported on 03/03/21 that Google Is Making a Change to its Ad Business. What it Could Mean.
Is It Worth Investing in Pinterest Inc. (NYSE :PINS) Right Now?
Opinions of the stock are interesting as 15 analysts out of 29 who provided ratings for Pinterest Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 11 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $91.23, which is $22.76 above the current price. PINS currently public float of 529.34M and currently shorts hold a 3.99% ratio of that float. Today, the average trading volume of PINS was 12.13M shares.
PINS’s Market Performance
PINS stocks went down by -15.44% for the week, with a monthly drop of -11.67% and a quarterly performance of 0.19%, while its annual performance rate touched 259.77%. The volatility ratio for the week stands at 9.96% while the volatility levels for the past 30 days are set at 7.20% for Pinterest Inc.. The simple moving average for the period of the last 20 days is -16.68% for PINS stocks with a simple moving average of 39.58% 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 -9.25% 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 -24.20% of loss for the given period.
Volatility was left at 7.20%, however, over the last 30 days, the volatility rate increased by 9.96%, as shares sank -12.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.45% lower at present.
During the last 5 trading sessions, PINS fell by -15.44%, which changed the moving average for the period of 200-days by +265.17% in comparison to the 20-day moving average, which settled at $81.30. In addition, Pinterest Inc. saw 3.40% 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 2,440 shares at the price of $82.50 back on Mar 01. After this action, Yang Tseli Lily now owns 68,110 shares of Pinterest Inc., valued at $201,300 using the latest closing price.
Flores Christine, the General Counsel of Pinterest Inc., sale 23,766 shares at $82.48 during a trade that took place back on Mar 01, which means that Flores Christine is holding 294,872 shares at $1,960,260 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.