The 36-month beta value for PNST is at -0.12. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PNST is 22.64M, and currently, shorts hold a 0.95% of that float. The average trading volume for PNST on September 23, 2024 was 49.25K shares.
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PNST) stock’s latest price update
Pinstripes Holdings Inc (NYSE: PNST)’s stock price has decreased by -12.61 compared to its previous closing price of 1.02. However, the company has seen a -27.53% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-05 that Pinstripes Holdings, Inc. (NYSE:PNST ) Q1 2025 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Dale Schwartz – Founder, President and CEO Tony Querciagrossa – CFO Conference Call Participants Brian Bittner – Oppenheimer & Company Peter Saleh – BTIG Sharon Zackfia – William Blair Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Pinstripes Holding, Inc. First Quarter Fiscal 2025 Earnings Conference Call.
PNST’s Market Performance
PNST’s stock has fallen by -27.53% in the past week, with a monthly drop of -59.11% and a quarterly drop of -72.57%. The volatility ratio for the week is 19.36% while the volatility levels for the last 30 days are 11.33% for Pinstripes Holdings Inc The simple moving average for the last 20 days is -49.37% for PNST stock, with a simple moving average of -76.19% for the last 200 days.
Analysts’ Opinion of PNST
Oppenheimer, on the other hand, stated in their research note that they expect to see PNST reach a price target of $6. The rating they have provided for PNST stocks is “Outperform” according to the report published on January 30th, 2024.
BTIG Research gave a rating of “Buy” to PNST, setting the target price at $6 in the report published on January 29th of the current year.
PNST Trading at -55.55% from the 50-Day Moving Average
After a stumble in the market that brought PNST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.43% of loss for the given period.
Volatility was left at 11.33%, however, over the last 30 days, the volatility rate increased by 19.36%, as shares sank -58.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.73% lower at present.
During the last 5 trading sessions, PNST fell by -27.53%, which changed the moving average for the period of 200-days by -91.67% in comparison to the 20-day moving average, which settled at $1.6966. In addition, Pinstripes Holdings Inc saw -91.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PNST starting from Querciagrossa Anthony, who purchase 100,000 shares at the price of $3.43 back on Feb 26 ’24. After this action, Querciagrossa Anthony now owns 100,000 shares of Pinstripes Holdings Inc, valued at $343,000 using the latest closing price.
Stock Fundamentals for PNST
Current profitability levels for the company are sitting at:
- -0.19 for the present operating margin
- 0.1 for the gross margin
The net margin for Pinstripes Holdings Inc stands at -0.06. The total capital return value is set at -0.25. Equity return is now at value -2.10, with -1.91 for asset returns.
Based on Pinstripes Holdings Inc (PNST), the company’s capital structure generated 6.13 points at debt to capital in total, while cash flow to debt ratio is standing at -0.35. The debt to equity ratio resting at -1.2. The interest coverage ratio of the stock is -1.82.
Currently, EBITDA for the company is -4.55 million with net debt to EBITDA at -12.74. When we switch over and look at the enterprise to sales, we see a ratio of 1.81. The receivables turnover for the company is 95.72for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.13.
Conclusion
In conclusion, Pinstripes Holdings Inc (PNST) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
