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NYSE:PINS—Positioned as a High-Growth Stock, Ready for a Potential Breakout.

By Mill Chart

Last update: Oct 10, 2024

Exploring Growth Potential: PINTEREST INC- CLASS A (NYSE:PINS) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and PINTEREST INC- CLASS A has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected PINTEREST INC- CLASS A on our screen for growth with base formation, suggesting it merits a closer look.


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Growth Examination for NYSE:PINS

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:PINS has achieved a 8 out of 10:

  • PINS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 88.41%, which is quite impressive.
  • Measured over the past years, PINS shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.29% on average per year.
  • PINS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.21%.
  • Measured over the past years, PINS shows a very strong growth in Revenue. The Revenue has been growing by 32.22% on average per year.
  • The Earnings Per Share is expected to grow by 19.43% on average over the next years. This is quite good.
  • PINS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.56% yearly.

A Closer Look at Health for NYSE:PINS

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:PINS, the assigned 9 for health provides valuable insights:

  • PINS has an Altman-Z score of 26.54. This indicates that PINS is financially healthy and has little risk of bankruptcy at the moment.
  • PINS has a Altman-Z score of 26.54. This is amongst the best in the industry. PINS outperforms 98.57% of its industry peers.
  • PINS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
  • PINS has a Current Ratio of 9.50. This indicates that PINS is financially healthy and has no problem in meeting its short term obligations.
  • PINS has a Current ratio of 9.50. This is amongst the best in the industry. PINS outperforms 95.71% of its industry peers.
  • A Quick Ratio of 9.50 indicates that PINS has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 9.50, PINS belongs to the best of the industry, outperforming 95.71% of the companies in the same industry.

Profitability Analysis for NYSE:PINS

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:PINS has achieved a 5:

  • With an excellent Return On Assets value of 5.12%, PINS belongs to the best of the industry, outperforming 81.43% of the companies in the same industry.
  • PINS has a better Return On Equity (6.00%) than 77.14% of its industry peers.
  • PINS's Return On Invested Capital of 2.70% is fine compared to the rest of the industry. PINS outperforms 67.14% of its industry peers.
  • PINS has a Profit Margin of 5.75%. This is in the better half of the industry: PINS outperforms 75.71% of its industry peers.
  • PINS has a Operating Margin of 3.46%. This is in the better half of the industry: PINS outperforms 65.71% of its industry peers.
  • PINS has a Gross Margin of 78.58%. This is in the better half of the industry: PINS outperforms 68.57% of its industry peers.
  • In the last couple of years the Gross Margin of PINS has grown nicely.

How does the Setup look for NYSE:PINS

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:PINS currently has a 7 as setup rating:

PINS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 33.85. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

More Strong Growth stocks can be found in our Strong Growth screener.

Check the latest full fundamental report of PINS for a complete fundamental analysis.

Our latest full technical report of PINS contains the most current technical analsysis.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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