Pinterest (PINS) Surpasses Market Returns: Some Facts Worth Knowing

Group 1: Company Performance - Pinterest's stock closed at $33.25, reflecting a +1.46% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.9% [1] - Over the past month, Pinterest shares gained 6.36%, surpassing the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15% [2] Group 2: Financial Expectations - Upcoming financial results are anticipated to show an EPS of$ 0.34, a 21.43% increase year-over-year, with projected revenue of $897.07 million, reflecting a 17.54% rise from the same quarter last year [3] - For the entire fiscal year, earnings are expected to be$ 1.44 per share and revenue at $3.64 billion, indicating increases of +32.11% and +19.17% respectively from the previous year [4] Group 3: Analyst Estimates and Valuation - Recent changes to analyst estimates for Pinterest suggest a positive outlook, with the Zacks Consensus EPS estimate moving 0.15% lower in the past month, resulting in a Zacks Rank of 4 (Sell) [6] - Pinterest's Forward P/E ratio is 22.82, which is lower than the industry average of 30.01, and its PEG ratio stands at 0.69 compared to the industry average of 2.01 [7] Group 4: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 68, placing it in the top 27% of over 250 industries [8]