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Pinterest (PINS) Rises But Trails Market: What Investors Should Know
Zacks Investment Research· 2024-01-20 00:05
Pinterest (PINS) closed the latest trading day at $37.10, indicating a +0.03% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.23%. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 1.7%.Coming into today, shares of the digital pinboard and shopping tool company had lost 0.72% in the past month. In that same time, the Computer and Technology sector gained 1.98%, while the S&P 500 gained 0.94%.Investors will be eagerly watching for the ...
3 High-Octane Momentum Stocks to Watch Next Week
Zacks Investment Research· 2024-01-19 21:26
After a choppy first few weeks, the stock market appears to now be on steady footing. On Friday, the S&P 500 index broke out from a four-week consolidation, breaking out above 4,800 and to a new intraday high.With the market showing such robust action, now is the time to start looking for some stocks that appear primed for explosive moves higher. Here I will share three such stocks that are demonstrating strong momentum as well as top Zacks Ranks.Image Source: TradingViewZillow GroupThe most popular online ...
Pinterest (PINS) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-01-11 00:34
Pinterest (PINS) closed at $37.76 in the latest trading session, marking a -0.08% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq gained 0.75%.Shares of the digital pinboard and shopping tool company witnessed a gain of 4.59% over the previous month, beating the performance of the Computer and Technology sector with its gain of 1.51% and the S&P 500's gain of 3.4%.Analysts and investo ...
Pinterest: The frictionless social commerce play for 2024
MarketBeat· 2024-01-09 12:00
Key PointsPinterest is a leading social commerce platform that has mastered the art of frictionless soft sales.Pinterest grew its global monthly average users (MAUs) by 8% year-over-year (YoY) to 482 million and grew average revenue per user (ARPU) by 3% YoY to $1.61 globally and 5% YoY to $6.46 in the U.S. and Canada.Pinterest is back in the black, earning a GAAP net income of $7 million and adjusted EBITDA of $185 million in Q3 2023.5 stocks we like better than PinterestPop-up ads, auto-play videos, track ...
Why Pinterest (PINS) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-01-08 18:32
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Pinterest (PINS) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.This digital pinboard and shopping tool company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for ...
Here's Why Pinterest (PINS) Fell More Than Broader Market
Zacks Investment Research· 2024-01-04 00:33
Pinterest (PINS) closed the latest trading day at $35.86, indicating a -0.97% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.8%. At the same time, the Dow lost 0.76%, and the tech-heavy Nasdaq lost 1.18%.Shares of the digital pinboard and shopping tool company witnessed a gain of 6.16% over the previous month, beating the performance of the Computer and Technology sector with its gain of 2.11% and the S&P 500's gain of 3.4%.The investment community will be closely mon ...
2 Beaten-Down Growth Stocks to Buy With $1,000 for 2024
The Motley Fool· 2023-12-29 09:30
Finding the right stocks for your portfolio and having the willingness to hold on to great businesses through the ups and downs of the market isn't easy. But if the alternative is trying to time the market's whims, which few investors have a chance of doing correctly and consistently, the pros of being a long-term investor far outweigh the cons.If you invest in companies for the long haul with a minimum buy-and-hold horizon of five years or more, you will experience rough patches in the market. Historically ...
1 Artificial Intelligence (AI) Stock Down 58% to Buy Hand Over Fist in 2024
The Motley Fool· 2023-12-29 07:44
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Pinterest. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Pinterest(PINS) - 2023 Q3 - Earnings Call Presentation
2023-10-31 01:30
© 2023 Pinterest. All rights reserved. Q3 2023 Earnings Report Non-GAAP Financial Measures For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the Appendix. The numbers for our key metrics, which include our monthly active users (MAUs) and average revenue per user (ARPU), are calculated using internal company data based on the activity of user accounts. We define a monthly active user as an authenticated Pinterest user who visits our ...
Pinterest(PINS) - 2023 Q3 - Earnings Call Transcript
2023-10-31 01:30
Pinterest, Inc. (NYSE:PINS) Q3 2023 Earnings Conference Call October 30, 2023 4:30 PM ET Company Participants Neil Doshi - Head of IR William Ready - CEO Julia Donnelly - CFO Conference Call Participants Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Lloyd Walmsley - UBS Richard Greenfield - LightShed Partners Brian Nowak - Morgan Stanley Mark Mahaney - Evercore Douglas Anmuth - JPMorgan Ronald Josey - Citi Colin Sebastian - Baird Mark Kelley - Stifel Tom Champion - Piper Sandler Operator Good aftern ...