Pinterest(PINS)
Search documents
Why Pinterest (PINS) Outpaced the Stock Market Today
ZACKS· 2024-10-11 22:51
Company Performance - Pinterest's stock closed at $34.15, reflecting a +1.22% change from the previous trading day's closing, outperforming the S&P 500 which gained 0.61% [1] - Over the past month, Pinterest shares have appreciated by 15.11%, surpassing the Computer and Technology sector's gain of 8.6% and the S&P 500's gain of 5.36% [2] Upcoming Earnings - Pinterest is expected to report an EPS of $0.34, which is a 21.43% increase from the prior-year quarter, with anticipated revenue of $897.07 million, indicating a 17.54% increase from the same quarter last year [3] - For the full year, earnings are projected at $1.44 per share and revenue at $3.64 billion, reflecting changes of +32.11% and +19.17% respectively from the previous year [4] Analyst Estimates and Rankings - Recent revisions to analyst forecasts for Pinterest are crucial as they indicate changing business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [4] - The Zacks Rank system currently rates Pinterest as 4 (Sell), with the consensus EPS estimate having moved 0.15% lower over the last 30 days [6] Valuation Metrics - Pinterest is trading at a Forward P/E ratio of 23.5, which is a discount compared to the industry average Forward P/E of 31.14 [7] - The company has a PEG ratio of 0.71, significantly lower than the Internet - Software industry's average PEG ratio of 2.02 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 73, placing it within the top 29% of over 250 industries [8]
Pinterest shares move higher on inclusion in Goldman Sachs' Americas Conviction List
Proactiveinvestors NA· 2024-10-09 16:32
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Pinterest: Time to Jump Onboard for Long-Term Gains?
MarketBeat· 2024-10-09 12:00
Pinterest NYSE: PINS is a social media platform that is known for its visual inspiration and shopping features. However, Pinterest stock has experienced a lot of turbulence in the past few months. After a significant decline in share price, investors have started to question if the platform has the potential for a rebound. Add to Watchlist Get Pinterest alerts: A Look at Pinterest's Terrain Pinterest Today | --- | --- | --- | |----------------------|-------|-------| | | | | | | | | | | | | | PINS Pinterest ...
Pinterest (PINS) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-10-04 22:51
Group 1: Company Performance - Pinterest's stock closed at $33.25, reflecting a +1.46% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.9% [1] - Over the past month, Pinterest shares gained 6.36%, surpassing the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15% [2] Group 2: Financial Expectations - Upcoming financial results are anticipated to show an EPS of $0.34, a 21.43% increase year-over-year, with projected revenue of $897.07 million, reflecting a 17.54% rise from the same quarter last year [3] - For the entire fiscal year, earnings are expected to be $1.44 per share and revenue at $3.64 billion, indicating increases of +32.11% and +19.17% respectively from the previous year [4] Group 3: Analyst Estimates and Valuation - Recent changes to analyst estimates for Pinterest suggest a positive outlook, with the Zacks Consensus EPS estimate moving 0.15% lower in the past month, resulting in a Zacks Rank of 4 (Sell) [6] - Pinterest's Forward P/E ratio is 22.82, which is lower than the industry average of 30.01, and its PEG ratio stands at 0.69 compared to the industry average of 2.01 [7] Group 4: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 68, placing it in the top 27% of over 250 industries [8]
Pinning Down Growth: Why Pinterest Is Poised For Long-Term Gains
Seeking Alpha· 2024-10-03 15:06
Company Overview - Pinterest (NYSE: PINS) has over 500 million monthly active users, indicating strong user growth and engagement [1] - The company is experiencing rapid growth in e-commerce, driven by partnerships with Amazon and AI-powered innovation [1] Financial Performance - Pinterest faces challenges such as lower ad prices and increased costs, which could impact profitability [1] - Despite these challenges, the company continues to grow, leveraging its large user base and e-commerce momentum [1] Industry Trends - The company is well-positioned to capitalize on trends targeting Gen Z, a key demographic for future growth [1] - AI-powered innovation is a significant driver of Pinterest's strategy, enhancing user experience and ad targeting capabilities [1] Strategic Focus - Pinterest's mission aligns with providing objective and data-driven research, focusing on small- to mid-cap companies while also identifying opportunities in large-cap and mega-cap companies [1]
Pinterest: 5 Ways The Platform Offers Unique Value To Users And Shareholders
Seeking Alpha· 2024-09-29 13:40
Group 1 - The investment strategy focuses on acquiring strong businesses when they are undervalued, emphasizing the importance of quality and price [1] - The portfolio has evolved from Canadian dividend payers to a diverse range of industries including technology, payments, and emerging markets, indicating a broad investment approach [1] - The current emphasis is on large tech companies with extensive user bases and content libraries, highlighting the potential for cross-selling opportunities [1] Group 2 - Valuation is primarily based on EBIT plus R&D investments, reflecting a belief in the long-term potential of certain research and development initiatives [1] - The annual return from February 2019 to August 2024 was 10.5% CAGR, which is below the market's 14.84% CAGR, suggesting a need for improved performance in the future [1] - The investment philosophy rejects traditional "Buy" and "Sell" recommendations, advocating for a focus on exceptional businesses at fair prices, with a preference for a "Strong Buy" threshold [1]
Pinterest (PINS) Rises Higher Than Market: Key Facts
ZACKS· 2024-09-26 22:50
Group 1: Company Performance - Pinterest's stock closed at $32.72, reflecting a +1.77% increase, outperforming the S&P 500's gain of 0.4% [1] - Over the past month, Pinterest shares increased by 2.81%, surpassing the Computer and Technology sector's gain of 0.91% and the S&P 500's gain of 1.71% [1] Group 2: Upcoming Earnings - Pinterest is expected to report an EPS of $0.34, representing a 21.43% increase year-over-year [2] - Revenue is anticipated to be $896.99 million, up 17.53% from the same quarter last year [2] Group 3: Full Year Estimates - Analysts project earnings of $1.43 per share and revenue of $3.64 billion for the full year, indicating increases of +31.19% and +19.15% respectively from the previous year [3] Group 4: Analyst Forecasts - Recent revisions to analyst forecasts for Pinterest are important as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [4] Group 5: Valuation Metrics - Pinterest has a Forward P/E ratio of 22.41, which is lower than its industry's Forward P/E of 30.41 [7] - The company has a PEG ratio of 0.9, compared to the Internet - Software industry's average PEG ratio of 2.02 [7] Group 6: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 78, placing it in the top 31% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Pinterest Down 28.7% in Three Months: Should You Avoid PINS Stock?
ZACKS· 2024-09-25 13:21
Pinterest, Inc. (PINS) has declined 28.7% over the past three months against the industry's growth of 5.2%. However, it has outperformed peers like Snap Inc. (SNAP) but lagged Meta Platforms, Inc. (META) over this period. This Internet content provider that operates as a discovery platform relies heavily on advertising as its primary source of revenue. With a macro slowdown in the broader digital advertising domain, Pinterest is increasingly finding it difficult to sustain its growth momentum. Image Source: ...
Pinterest: Pin This To Your Portfolio
Seeking Alpha· 2024-09-23 15:06
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...
Pinterest (PINS) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-16 22:57
The latest trading session saw Pinterest (PINS) ending at $28.89, denoting a +0.1% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.13%. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq decreased by 0.52%. Prior to today's trading, shares of the digital pinboard and shopping tool company had lost 6.93% over the past month. This has lagged the Computer and Technology sector's gain of 1.56% and the S&P 500's gain of ...