- Previous Close
31.79 - Open
31.93 - Bid 32.15 x 1400
- Ask 32.28 x 800
- Day's Range
31.58 - 32.37 - 52 Week Range
27.00 - 45.19 - Volume
5,588,011 - Avg. Volume
8,175,393 - Market Cap (intraday)
21.972B - Beta (5Y Monthly) 1.01
- PE Ratio (TTM)
110.41 - EPS (TTM)
0.29 - Earnings Date Nov 7, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
42.63
Pinterest, Inc. operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
www.pinterest.com4,249
Full Time Employees
December 31
Fiscal Year Ends
Sector
Internet Content & Information
Industry
Recent News: PINS
View MorePerformance Overview: PINS
Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: PINS
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: PINS
View MoreValuation Measures
Market Cap
21.97B
Enterprise Value
19.39B
Trailing P/E
110.41
Forward P/E
17.92
PEG Ratio (5yr expected)
0.37
Price/Sales (ttm)
6.49
Price/Book (mrq)
6.87
Enterprise Value/Revenue
5.81
Enterprise Value/EBITDA
143.19
Financial Highlights
Profitability and Income Statement
Profit Margin
5.75%
Return on Assets (ttm)
4.36%
Return on Equity (ttm)
6.52%
Revenue (ttm)
3.34B
Net Income Avi to Common (ttm)
191.99M
Diluted EPS (ttm)
0.29
Balance Sheet and Cash Flow
Total Cash (mrq)
2.74B
Total Debt/Equity (mrq)
4.74%
Levered Free Cash Flow (ttm)
779.28M
Research Analysis: PINS
View MoreCompany Insights: PINS
PINS does not have Company Insights
Research Reports: PINS
View MoreArgus Quick Note: Weekly Stock List for 10/21/2024: Communication Services is Growing
We see some gems right now in the Communication Services sector, and we also like the sector overall. Argus rates Communication Services as Over-Weight. After Information Technology, Communication Services is expected to deliver the strongest earnings growth in 3Q, with a forecast of 12%, according to Refinitiv. The sector has many well-known names and is considered a 'barbell' group, with high-growth, low-income social media stocks on one end and low-growth, high-income telecom services stocks on the other. The style mix is approximately one-third "value" and two-thirds "growth." The sector is competitive, so companies in it need to be nimble and innovative, constantly assessing their clientele and staying current. Some of the names -- like Netflix, Alphabet, and Meta -- were at the top of the growth charts in the past five years or so. But like other growth sectors, even the leaders have been outshined by the glitz of artificial intelligence (AI). Market breadth has been recovering, though, and the companies listed below are among those starting to get re-recognized. The S&P 500 Communication Services Index is up 28% year-to-date, compared to the 22% gain in the broader S&P 500 Index. We see more runway for the industry. In our list this week, we look at leaders in Communication Services and sort them by those that are furthest from their 52-week high. All are BUY-rated at Argus and some are included in our Focus List and Model Portfolios.
The Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID), despite bursts of outperformance, have underperformed large-caps year to date - as they have over the past five years. But they may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from unrest in the Middle East, the Russian invasion of Ukraine, issues in China, or other geopolitical developments. As well, the prices of SMID stocks generally are lower than the prices of large-caps. SMID stocks can be risky, but despite those risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record. We estimate that 20% of the U.S. stock market's capitalization is comprised of SMID stocks.
Summer Shakeout as the Market Waits for the Fed
The Portfolio Selector features the Argus Focus List, a group of 30 "best idea" stocks generated and regularly updated by Argus' analysts and investment policy committee. It also includes the director of research’s monthly investment strategy column, stock recommendations and sector picks, economic forecasts, and an asset allocation model. This month, the Focus List additions are Teva Phar Inds Lt (TEVA); SAP SE (SAP); 3M Co. (MMM); Meta Platforms Inc (META) and the Focus List deletions are Crowdstrike Holdings Inc (CRWD); Lilly(Eli) & Co (LLY); Pinterest Inc (PINS); United Rentals, Inc. (URI).
Pinterest Earnings: We Don’t Believe a Soft Q3 Forecast Points to a Weakening Long-Term Outlook
Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from cooking recipes to travel destinations. Founded in 2010, the platform consists of a largely female audience, which accounts for roughly two thirds of its nearly 500 million monthly active users. The company generates revenue by selling digital ads and is now rolling out more in-platform e-commerce features. About 20% of users reside in the US and Canada, but the region accounted for about 80% of revenue in 2023.
RatingPrice Target