![]() ![]() The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This industry currently has a Zacks Industry Rank of 53, which puts it in the top 22% of all 250+ industries. The Internet - Software industry is part of the Computer and Technology sector. Internet - Software stocks are, on average, holding a PEG ratio of 1.65 based on yesterday's closing prices. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. We can also see that PINS currently has a PEG ratio of 1.68. This represents a discount compared to its industry's average Forward P/E of 43.07. Pinterest currently has a Zacks Rank of #3 (Hold).ĭigging into valuation, Pinterest currently has a Forward P/E ratio of 35.6. Within the past 30 days, our consensus EPS projection remained stagnant. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). ![]() This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. These recent revisions tend to reflect the evolving nature of short-term business trends. Investors should also note any recent changes to analyst estimates for Pinterest. These results would represent year-over-year changes of +20.97% and +9.81%, respectively. PINS's full-year Zacks Consensus Estimates are calling for earnings of $0.75 per share and revenue of $3.08 billion. Meanwhile, our latest consensus estimate is calling for revenue of $595.54 million, up 3.59% from the prior-year quarter. This would mark a year-over-year decline of 100%. In that report, analysts expect Pinterest to post earnings of $0 per share. Investors will be hoping for strength from Pinterest as it approaches its next earnings release. Heading into today, shares of the digital pinboard and shopping tool company had gained 6.89% over the past month, outpacing the Computer and Technology sector's gain of 6.12% and the S&P 500's gain of 0.27% in that time. Elsewhere, the Dow gained 1%, while the tech-heavy Nasdaq added 5.16%. This move lagged the S&P 500's daily gain of 1.42%. The company was incorporated in 2008 and is based in San Francisco, California.In the latest trading session, Pinterest ( PINS Quick Quote PINS - Free Report) closed at $26.50, marking a -1.27% move from the previous day. was formerly known as Cold Brew Labs Inc. It also provides Product Pins that make items shoppable with up-to-date pricing Recipe Pins to cook a meal by bringing the relevant information Shop the Look, which enables Pinners to shop for the individual products they see within fashion and home decor Pins and Video Pins, short videos with topics like how-to content about cooking and beauty. The company's platform show visual recommendations called Pins, based on user personal taste and interests. Its platform allows posting content, including daily activities, remodeling a house or training for a marathon, ongoing passions, and planning a wedding or a dream vacation. provides a visual discovery platform that helps users to discover ideas for various projects and interests on the Internet. ![]()
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