Pinterest Inc (NYSE:PINS) shares, rose in value, with the stock price down by -1.55% to the previous day’s close as strong demand from buyers drove the stock to $31.74.
Actively observing the price movement in the recent trading, the stock is buoying the session at $32.24, falling within a range of $31.555 and $32.27. The value of beta (5-year monthly) is 1.017 whereas the PE ratio is 11.74 over 12-month period. Referring to stock’s 52-week performance, its high was $45.19, and the low was $27.00. On the whole, PINS has fluctuated by -12.25% over the past month.
With the market capitalization of Pinterest Inc currently standing at about $21.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.22B, with a low estimate of 843.6M and a high estimate of 856.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 848.46M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PINS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.41, with the price of PINS currently trading nearly -3.77% and -7.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.45, while the 7-day volatility ratio is showing 3.72% which for the 30-day chart, stands at 4.29%. Furthermore, Pinterest Inc (PINS)’s beta value is 0.97, and its average true range (ATR) is 1.41.
A comparison of Pinterest Inc (PINS) with its peers suggests the former has fared considerably weaker in the market. PINS showed an intraday change of -1.55% in today’s session so far, and over the past year, it shrunk by -10.62%%.
Data on historical trading for Pinterest Inc (NYSE:PINS) indicates that the trading volumes over the past 10 days have averaged 11.93 and over the past 3 months, they’ve averaged 12.07 million. According to company’s latest data on outstanding shares, there are 593.46 million shares outstanding.
Nearly 13.72% of Pinterest Inc’s shares belong to company insiders and institutional investors own 78.75% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.39 million shares as on 2025-03-14, resulting in a short ratio of 2.08. According to the data, the short interest in Pinterest Inc (PINS) stood at 412.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 21.0 million. The stock has risen by 9.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PINS stock heading into the next quarter.
