Why did Pinterest stock take a hit Wednesday?
Apr 13, 2022 · PINS stock saw the high of $88 in 2021 when the pandemic was at its peak and the majority of us were locked inside our homes. However, as the impact of the pandemic subsided, PINS stock started to...
Should you buy Pinterest stock near value prices?
Apr 28, 2021 · Pinterest (PINS) stock was crashing by 11% after Q1 2021 earnings due to modest user growth guidance. Any weakness in PINS stock …
Why is Pinterest down so much after the earnings report?
Apr 14, 2022 · PINS: Get the latest Pinterest stock price and detailed information including PINS news, historical charts and realtime prices. Menu icon A …
What happens to Robinhood when the stock market crashes?
Oct 21, 2021 · Shares of visual search and media platform specialist Pinterest ( PINS-3.23%) slipped on Thursday, declining as much as 3.2%. By the …
What's wrong with Pinterest stock?
Pinterest stock has fallen more than 50% over the past 6 months. The company has underperformed peers as it has struggled to sustain user growth rates. Pinterest has cash equivalent to nearly 10% of the market cap, and the company is generating ample free cash flow.Jan 4, 2022
Why is Pinterest going down?
In a letter to shareholders, the company attributed declining engagement to a “disproportionate” bump in growth as users spent more time at home during Covid-19 lockdowns. JPMorgan downgraded Pinterest to neutral on Friday, citing worries about the monthly active user miss and a disappointing third-quarter outlook.Jul 30, 2021
Is PINS a good stock to buy?
PINS stock offers the potential for a moderately high gain. It's already taken its lumps in terms of multiple compression as well. Consider it a buy while it's out of favor.Mar 14, 2022
Will Pinterest stock go up?
The bull case for Pinterest stock Its adjusted earnings are forecast to expand from $1.13 in 2021 to $1.4 in 2023. We can see that PINS stock is trading at a forward price to 2022 sales multiple of 5.60x and a price to earnings multiple of 24.4x, which is quite reasonable.Feb 10, 2022
Is Pinterest still a good stock?
Pinterest's platform draws a targeted audience. Pinterest's quarterly results are still strong despite its falling stock price. Even with exceptional growth, Pinterest trades at a low multiple.Jan 21, 2022
Is PINS a good long term investment?
Pinterest has a massive market opportunity, and is making great strides in profitability and selling at a bargain price. For those reasons, Pinterest is an excellent stock for long-term investors.Jan 12, 2022
Are PINS overvalued?
The S&P 500's overall PEG is currently about 0.9; Pinterest's PEG is 5.06, suggesting Pinterest is significantly overvalued after accounting for its growth. Price-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks.Oct 22, 2021
Is Pinterest undervalued?
Is Pinterest Stock undervalued? Depends on your opinion of Pinterest. Some investors believe it is overvalued due to the niche market and reliance on ad revenue, others believe that it is undervalued as the figures show great potential for 2021 and onward, despite COVID-19.
Who said "winners keep on winning"?
Motley Fool co-founder David Gardner has often said: "Winners keep on winning." In other words, don't be afraid to buy a stock just because its share price has appreciated significantly -- those stocks can still be great places to put your money.
Is Pinterest allowing weight loss ads?
Pinterest Inc is banning all ads with weight loss language and imagery, including ads that idealize or denigrate certain body types, it said on Thursday. The digital pinboard site said it would also not allow ads with testimonials about weight loss or weight loss products, or ads referencing Body Mass Index (BMI) or similar indexes. Ads promoting healthy lifestyles, habits or fitness services and products are still allowed on the platform if they do not "focus on weight loss."
Is Pinterest a growth stock?
If growth stocks are what tickle your fancy, social media platform Pinterest (NYSE: PINS) is your ticket to doubling your initial investment. Pinterest's platform, which allows users to share what things, services, and places interest them, was one of these key beneficiaries. The company's monthly active user count grew by 37% in 2020, which was up from an annual average of 30% in the three years leading up to the pandemic.
The tech stock sell-off hit the company hard today
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
What happened
Shares of tech stock Pinterest ( NYSE:PINS) plunged as much as 10% on Wednesday as growth stocks fell almost across the board. Shares closed the day down 8.4%.
So what
There wasn't any significant news out about Pinterest today, but shares of tech stocks were down sharply, and high-growth names seemed to be hit the hardest.
Now what
There's no reason to change your investment thesis in a company like Pinterest after today, and it may be a buying opportunity for long-term investors who have been looking for a cheaper share price to get in.
The market wasn't pleased with decelerating top-line growth
As a technology and consumer goods specialist for the Fool, Steve looks for responsible businesses that positively shape our lives. Then he invests accordingly. Enjoy his work? Connect with him on Twitter & Facebook so you don't miss a thing.
What happened
Shares of Pinterest ( NYSE:PINS) fell 22.5% in November, according to data from S&P Global Market Intelligence, after the visual social-media platform announced mixed third-quarter 2019 results.
So what
That's not to say Pinterest's results looked weak at first glance; quarterly revenue soared 47% to $279.7 million, spurred by a 28% increase in monthly active users to 322 million. That translated to a GAAP net loss of $124.7 million.
Now what
Management also revised its full-year 2019 guidance to call for revenue between $1.100 billion and $1.115 billion (up from $1.095 billion to $1.115 billion previously), and for an adjusted EBITDA loss between $10 million and $30 million (narrowed from a loss between $25 million and $50 million before).
What is Pinterest?
Pinterest is an image sharing and social media service. It's designed to allow users to discover and save ideas online using images, videos, and animated GIFs in the form of pinboards. The California-based company was created in 2009 by Ben Silbermann, Paul Sciarra, and Evan Sharp.
What is PINS stock price today?
PINS stock was up about 33 percent at $64.72 in pre-market trading as of 8:55 a.m. ET on Oct. 29. The stock fell 6.2 percent on Oct. 28 and closed at $49.25 with a market capitalization of $29.6 billion. PINS stock has fallen by 3 percent in the last five days, while it has risen by 95.9 percent in the last year.
PINS stock on Stocktwits
PINS stock has become a major talking point on Stocktwits and other social platforms. While some investors on Stocktwits see the strong third-quarter earnings results as a good reason to buy PINS stock, others were bearish and expect the stock to fall.
