Pinterest, Inc. (PINS) Stock: Why It’s Headed Up

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Pinterest, Inc. (PINS) is trending up in the market today. The stock, one that is focused in the technology sector, is currently trading at $25.50 after climbing 7.14% so far in today’s session. When it comes to tech stocks, there are several factors that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent trending headlines associated with PINS:

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May-24-19 07:37PM Pinterest Inc. IPO Shareholder Investigation (PINS)
09:56AM This week in NYC funding news: 4 startups poised to make a public debut
May-23-19 02:47PM Airbnb, Robinhood are part of a wave of hotly-anticipated IPOs. Here’s who will benefit locally.
01:30PM Why Snap Stock May Finally Stabilize for the First Time in 2 Years
May-22-19 03:22PM Twitter co-founder Ev Williams: Social media is a sugar high thats wearing off

Nonetheless, any time investors are making a decision to invest, prospective investors should look into much more than news, this is especially the case in the ever changing tech sector. Here’s what’s happening in regard to Pinterest, Inc..

What We’ve Seen From PINS

Although a single session gain, like what we’re seeing from Pinterest, Inc. may cause excitement in some investors, a single session move alone should not be the reason for a decision to, or not to, invest in a stock. It’s generally important to take a look at trends just a single trading day. As it relates to PINS, here are the movements that investors have experienced:

  • Weekly – In the past week, PINS has seen a price change in the amount of -4.49%.
  • Past 30 Days – The performance from Pinterest, Inc. in the past 30 days comes to -11.46%.
  • Past Quarter – Throughout the last 3 months, the stock has generated a return on investment that comes to 0
  • Bi-Annually – Over the past 6 months, investors have seen a performance that amounts to 0 from the company.
  • This Year So Far – Since the the last trading session of last year PINS has resulted in a ROI of 4.51%.
  • Full Year – Lastly, throughout the past full year, we have seen a change that works out to 0 out of PINS. Over this period, the stock has traded at a high price of -27.74% and a low price of 10.63%.

Key Ratios

Digging into a few ratios having to do with a stock can provide traders an understanding of just how dangerous and/or potentially profitable a an investment option may be. Here are a few of the important ratios to consider when looking at PINS.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the stock is headed for declines. Across the sector, strong technology stocks can carry a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, when it comes to Pinterest, Inc., it’s short ratio amounts to 0.33.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure the company’s abilities to cover its debts when they come due with only quick assets or current assets. In the technology industry, many companies are heavily reliant on continued support from investors as they work to bring new technologies to market, these ratios can be upsetting. However, quite a few better companies in the tech industry do have great quick and current ratios. As far as PINS, the quick and current ratios work out to 8.20 and 8.20 respectively.  

Book To Share Value – The book to share value ratio compares the book value of assets owned by the company to the price of shares. when it comes to Pinterest, Inc., the book to share value ratio works out to -4.98.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value comes to 1.00.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in PINS, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutions own 0 of PINS. On the other hand, it is worth mentioning that the ownership held by institutions has seen a move in the amount of 0 in the past 3 months.
  • Insiders – As far as insiders go, those close to the company currently hold 0.10% of the company. Their ownership of the company has changed by 0 in the last 3 months.

Analyst Opinions Of Pinterest, Inc.

While it’s not a smart idea to blindly follow the opinions of analysts, it is a good idea to use their opinions to validate your own when it comes to making an investment decision in the tech industry. Here are the recent moves that we’ve seen from analysts as it relates to PINS.

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May-13-19 Initiated UBS Neutral $31
May-13-19 Initiated RBC Capital Mkts Sector Perform $28
May-13-19 Initiated JP Morgan Neutral $32
May-13-19 Initiated Credit Suisse Neutral $28
May-13-19 Initiated Citigroup Buy

Financial Performance

What have ween seen from PINS in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – At the moment, analysts expect that the company will come up with earnings per diluted share of 0.02, with -0.11 to be reported in the earnings report for the current quarter. Although this information isn’t associated with earnings, because we’re talking about Wall St. analysts, Pinterest, Inc. is presently rated a 2.70 considering a scale that ranges from 1 to 5 where 1 is the poorest possible Wall St. analyst grade and 5 is the best.
  • 5-Year Sales – Throughout the past 5 years, Pinterest, Inc. has generated a movement in sales volume that adds up to 0. EPS in the last half decade have experienced movement in the amount of 0.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is often referred to as in the world of humans, Pinterest, Inc. has created a change in earnings in the amount of 0. The company has also experienced a change when it comes to revenue in the amount of 57.60%.

What You Need To Know About Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 624.85M shares of Pinterest, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, PINS has a float of 86.20M.

I also find it important to dig into the short float. After all, if a high percentage of the float is shorted, the overall opinion among traders is that the company is going to fall. As far as PINS, the short percentage of the float is currently 6.01%. In general, high short percent of the float would be anything over 40%. However, I have seen that any short ratio over 26% is probably going to be a a play that could prove to be very risky.

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