Pinterest (PINS) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Performance - Pinterest's stock closed at $32.07, reflecting a +0.38% change, which underperformed compared to the S&P 500's gain of 0.64% [1] - Over the past month, Pinterest shares have declined by 17.8%, which is worse than the Computer and Technology sector's loss of 11.22% and the S&P 500's loss of 7.69% [2] - Analysts expect Pinterest to report an EPS of$ 0.25, representing a 25% increase year-over-year, with revenue projected at $847.24 million, indicating a 14.49% increase compared to the same quarter last year [3] Annual Estimates - For the full year, earnings are forecasted at$ 1.82 per share and revenue at $4.28 billion, reflecting increases of +41.09% and +17.29% respectively compared to the previous year [4] Analyst Sentiment - Recent modifications to analyst estimates for Pinterest are crucial as they reflect short-term business trends, with positive revisions indicating confidence in the company's performance [5] - The Zacks Rank system, which assesses these estimate changes, currently ranks Pinterest at 3 (Hold) [7] Valuation Metrics - Pinterest has a Forward P/E ratio of 17.57, which is lower than the industry average of 27.15, and a PEG ratio of 0.52, compared to the Internet - Software industry's average PEG ratio of 2.04 [8] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 120, placing it in the top 48% of over 250 industries [9]