Pinterest Stock Price on February 20, 2024

PINS Stock  USD 30.02  0.71  2.42%   
Below is the normalized historical share price chart for Pinterest extending back to April 11, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pinterest stands at 30.02, as last reported on the 25th of November, with the highest price reaching 30.03 and the lowest price hitting 28.85 during the day.
IPO Date
18th of April 2019
200 Day MA
35.5141
50 Day MA
31.7354
Beta
1.017
 
Covid
If you're considering investing in Pinterest Stock, it is important to understand the factors that can impact its price. Pinterest maintains Sharpe Ratio (i.e., Efficiency) of -0.0175, which implies the firm had a -0.0175% return per unit of risk over the last 3 months. Pinterest exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pinterest's Risk Adjusted Performance of (0.01), variance of 6.21, and Coefficient Of Variation of (3,799) to confirm the risk estimate we provide.
  
Stock Based Compensation To Revenue is likely to gain to 0.32 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.2 B in 2024. . At this time, Pinterest's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 11.83 in 2024, whereas Price Book Value Ratio is likely to drop 5.04 in 2024. Pinterest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0175

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Negative ReturnsPINS

Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pinterest is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pinterest by adding Pinterest to a well-diversified portfolio.
Price Book
7.0108
Enterprise Value Ebitda
133.3315
Price Sales
5.8412
Shares Float
587.9 M
Wall Street Target Price
40.0735

Pinterest Main Headline on 20th of February 2024

Filed transaction by Pinterest Officer: Chief Content Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Pinterest Valuation on February 20, 2024

It is possible to determine the worth of Pinterest on a given historical date. On February 20, 2024 Pinterest was worth 34.93 at the beginning of the trading date compared to the closed value of 35.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pinterest stock. Still, in general, we apply an absolute valuation method to find Pinterest's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pinterest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pinterest's related companies.
 Open High Low Close Volume
  36.12    36.25    35.16    35.28    8,719,245  
02/20/2024
  34.93    35.17    34.50    35.11    7,456,501  
  34.81    35.49    34.72    35.44    7,047,183  
Backtest Pinterest  |  Pinterest History  |  Pinterest Valuation   PreviousNext  
Open Value
34.93
35.11
Closing Value
42.47
Upside

Pinterest Trading Date Momentum on February 20, 2024

On February 21 2024 Pinterest was traded for  35.44  at the closing time. The top price for the day was 35.49  and the lowest listed price was  34.72 . The trading volume for the day was 7 M. The trading history from February 21, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.94% . The trading delta at closing time against the current closing price is 4.39% .

Pinterest Fundamentals Correlations and Trends

By evaluating Pinterest's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pinterest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pinterest financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Pinterest Stock history

Pinterest investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pinterest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pinterest will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pinterest stock prices may prove useful in developing a viable investing in Pinterest
Last ReportedProjected for Next Year
Common Stock Shares Outstanding674.6 M646 M
Net Loss-110.5 M-116 M

Pinterest Quarterly Net Working Capital

2.82 Billion

Pinterest Stock Technical Analysis

Pinterest technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Pinterest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pinterest trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Pinterest Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Pinterest cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Pinterest November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Pinterest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pinterest shares will generate the highest return on investment. By undertsting and applying Pinterest stock market strength indicators, traders can identify Pinterest entry and exit signals to maximize returns

Pinterest Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Pinterest's price direction in advance. Along with the technical and fundamental analysis of Pinterest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pinterest to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Pinterest Stock Analysis

When running Pinterest's price analysis, check to measure Pinterest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinterest is operating at the current time. Most of Pinterest's value examination focuses on studying past and present price action to predict the probability of Pinterest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinterest's price. Additionally, you may evaluate how the addition of Pinterest to your portfolios can decrease your overall portfolio volatility.