Why Pinterest (PINS) Outpaced the Stock Market Today

Pinterest (PINS) closed the latest trading day at $25.49, indicating a +0.67% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.63%. Elsewhere, the Dow gained 0.21%, while the tech-heavy Nasdaq added 1.52%.Shares of the digital pinboard and shopping tool company witnessed a loss of 19.31% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.66% and the S&P 500's loss of 0.7%.The upcoming earnings release of Pinterest will be of great interest to investors. The company's earnings report is expected on May 8, 2025. In that report, analysts expect Pinterest to post earnings of $0.25 per share. This would mark year-over-year growth of 25%. Our most recent consensus estimate is calling for quarterly revenue of $845.74 million, up 14.29% from the year-ago period.For the full year, the Zacks Consensus Estimates project earnings of $1.74 per share and a revenue of $4.12 billion, demonstrating changes of +34.88% and +12.91%, respectively, from the preceding year.Investors should also pay attention to any latest changes in analyst estimates for Pinterest. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 9.01% lower within the past month. Pinterest is currently a Zacks Rank #3 (Hold).Digging into valuation, Pinterest currently has a Forward P/E ratio of 14.59. This indicates a discount in contrast to its industry's Forward P/E of 26.31.One should further note that PINS currently holds a PEG ratio of 0.46. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software industry currently had an average PEG ratio of 2.16 as of yesterday's close.The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 141, this industry ranks in the bottom 43% of all industries, numbering over 250.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pinterest, Inc. (PINS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks