Pinterest Earns Membership In 95-Plus Composite Rating Club
On Tuesday, Pinterest got an upgrade for its IBD SmartSelect Composite Rating from 92 to 96.
The IBD SmartSelect composite rating for Pinterest (PINS), which was 92 on Tuesday, rose to 96.
The new rating indicates that the stock outperforms 96% of other stocks in terms of the most important criteria for stock selection. In the early stages, winning stocks are often those with a score of 95 or more. This is a good benchmark to use when searching for the best stocks.
Pinterest is currently trading at about 3% over a 28,90 entry price from a double-bottom.
The stock's 92 EPS rating means that its recent quarterly earnings and long-term annual growth rates are higher than 92% of other stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
Earnings per share grew by 155% for the Q3 quarter. The company has posted increasing EPS for four consecutive quarterly periods. Sales grew by 11% in the last quarter, up from just 6%. This is the third consecutive report with increasing growth.
Pinterest is ranked No.4 among its peers in the Internet-Content industry group. Pinterest is ranked No.4 amongst its peers within the Internet-Content Industry Group. Meta Platforms (META), the highest-ranked stock in the group, is Meta Platforms.