Stocks of Pinterest Inc (NYSE:PINS) traded higher last session on Wall Street, up 0.42% to $26.28.
PINS stock price is now -15.61% away from the 50-day moving average and -17.91% away from the 200-day moving average. The market capitalization of the company currently stands at $17.79B.
On March 24, 2025, Guggenheim Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $39 to quote $40, while ‘The Benchmark Company’ rates the stock as ‘Buy’
In other news, Rajaram Gokul, Director sold 1,150 shares of the company’s stock on Apr 23 ’25. The stock was sold for $31,050 at an average price of $27.00. Upon completion of the transaction, the Director now directly owns 26,786 shares in the company, valued at $0.7 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 23 ’25, Director Rajaram Gokul bought 1,150 shares of the business’s stock. A total of $31,050 was incurred on buying the stock at an average price of $27.00. A total of 13.87% of the company’s stock is owned by insiders.
During the past 12 months, Pinterest Inc has had a low of $23.68 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 $15496998912, which is based on a 9.72 price-to-earnings ratio, a 0.37 price-to-earnings-growth ratio, and a beta of 0.83. The fifty day moving average price for PINS is $31.1414 and a two-hundred day moving average price translates $32.01265 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. For the current quarter, analysts expect PINS to generate $846.14M in revenue.
