Pinterest (PINS) Ascends While Market Falls: Some Facts to Note

Group 1: Stock Performance - Pinterest (PINS) closed at $32.90, marking a +0.21% move from the prior day, outperforming the S&P 500's daily loss of 0.29% [1] - Over the past month, shares of Pinterest gained 9.73%, surpassing the Computer and Technology sector's gain of 1.8% and the S&P 500's gain of 2.52% [1] Group 2: Upcoming Earnings - Pinterest's earnings report is expected on February 6, 2025, with an anticipated EPS of $0.63, reflecting an 18.87% rise compared to the same quarter of the previous year [2] - The consensus estimate projects revenue of $1.14 billion, indicating a 16.03% rise from the equivalent quarter last year [2] Group 3: Analyst Forecasts - Recent revisions to analyst forecasts for Pinterest are important as they indicate changing near-term business trends, with positive revisions reflecting analysts' confidence in the company's performance [3] Group 4: Valuation Metrics - Pinterest is currently trading at a Forward P/E ratio of 18.75, which is a discount compared to the industry average Forward P/E of 28.9 [6] - The company has a PEG ratio of 0.57, significantly lower than the Internet - Software industry's average PEG ratio of 2.2 [7] Group 5: Industry Ranking - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 46, placing it within the top 19% 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]