In Friday’s Wall Street session, Pinterest Inc (NYSE:PINS) shares traded at $31.47, down -2.39% from the previous session.
PINS stock price is now -8.72% away from the 50-day moving average and -6.88% away from the 200-day moving average. The market capitalization of the company currently stands at $21.34B.
With the price target enhanced from $39 to $40, Guggenheim Upgraded its rating from Neutral to Buy for Pinterest Inc (NYSE: PINS). On February 07, 2025, The Benchmark Company Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $55, while ‘Bernstein’ rates the stock as ‘Outperform’
In other news, Silbermann Benjamin, Director sold 102,083 shares of the company’s stock on Mar 26 ’25. The stock was sold for $3,440,909 at an average price of $33.71. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 27 ’25, Chief Legal & Bus Affairs Ofc. Walcott Wanjiku Juanita sold 12,253 shares of the business’s stock. A total of $395,044 was realized by selling the stock at an average price of $32.24. This leaves the insider owning 228,510 shares of the company worth $7.19 million. A total of 13.72% of the company’s stock is owned by insiders.
During the past 12 months, Pinterest Inc has had a low of $27.00 and a high of $45.19. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 8.75, and a quick ratio of 8.75. According to the stock market information, the enterprise value for the company is $19017052160, which is based on a 11.64 price-to-earnings ratio, a 0.41 price-to-earnings-growth ratio, and a beta of 0.97. The fifty day moving average price for PINS is $34.475 and a two-hundred day moving average price translates $33.7957 for the stock.
The latest earnings results from Pinterest Inc (NYSE: PINS) was released for 2024-12-31. The net profit margin was 51.07% and return on equity was 47.49% for PINS. The company reported revenue of $1.15 billion for the quarter, compared to $981.26 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.62 percent.
