Does Earnings Surprise History Hold Any Clue for Pinterest (NYSE:PINS)

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Earnings results for Pinterest (NYSE:PINS)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has decreased over the past week from -0.3 to -0.31(3.33%) and decreased over the past month from -0.3 to -0.31(3.33%). Of the 1 analysts making quarterly forecasts, none raised and 0 lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.76 and remained the same over the past month at -0.76 . none raised and none lowered their forecast.

Pinterest last posted its earnings results on May 5th, 2020. The reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by $0.01. The company earned $271.94 million during the quarter, compared to analyst estimates of $270.69 million. Its quarterly revenue was up 34.7% compared to the same quarter last year. Pinterest has generated ($3.24) earnings per share over the last year. Pinterest has confirmed that its next quarterly earnings report will be published on Friday, July 31st, 2020. Pinterest will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analyst Opinion on Pinterest (NYSE:PINS)

25 Wall Street analysts have issued ratings and price targets for Pinterest in the last 12 months. Their average twelve-month price target is $25.36, suggesting that the stock has a possible upside of 1.64%. The high price target for PINS is $40.00 and the low price target for PINS is $14.00. There are currently 15 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Pinterest has received a consensus rating of Hold. The company’s average rating score is 2.40, and is based on 10 buy ratings, 15 hold ratings, and no sell ratings. According to analysts’ consensus price target of $25.36, Pinterest has a potential upside of 1.6% from its current price of $24.95. Pinterest has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Pinterest (NYSE:PINS)

Pinterest does not currently pay a dividend. Pinterest does not have a long track record of dividend growth.

Insiders buying/selling: Pinterest (NYSE:PINS)

In the past three months, Pinterest insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,349,186.00 in company stock. 46.20% of the stock of Pinterest is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Pinterest (NYSE:PINS

Earnings for Pinterest are expected to grow in the coming year, from ($0.76) to ($0.63) per share. The P/E ratio of Pinterest is -7.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Pinterest is -7.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Pinterest has a P/B Ratio of 7.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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