PINTEREST INC-CL A (NYSE:PINS) - A Strong Growth Stock with Bullish Technical Setup

PINTEREST INC-CL A (NYSE:PINS) has been identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamentals with a bullish chart pattern, making it worth a closer look for investors seeking growth opportunities.

Strong Growth Fundamentals

Pinterest stands out with a Growth Rating of 8/10, supported by:

• Revenue Growth: Revenue increased by 17.81% over the past year, with a 5-year annualized growth rate of 26.12%.
• Earnings Expansion: EPS grew 21.31% year-over-year, with expected future growth of 18.63% annually.
• Profitability: The company maintains strong margins, including a Gross Margin of 79.57% and a Profit Margin of 50.41%, outperforming most peers.

Financial Health & Valuation

• Health Rating (9/10): Pinterest has no debt, a Current Ratio of 8.41, and a high Altman-Z score of 25.81, indicating financial stability.
• Valuation: Trading at a Forward P/E of 16.69, below the industry average, the stock appears reasonably priced given its growth prospects.

Bullish Technical Setup

The stock shows a Technical Rating of 7/10, with:

• Positive Trends: Both short-term and long-term trends are upward.
• Bull Flag Pattern: A consolidation after a strong rally suggests potential for another breakout.
• Key Support Levels: Strong support near $34.98-$35.66, providing a cushion for pullbacks.

For a deeper dive, review the full fundamental analysis and technical analysis.

Our Strong Growth Stocks with Good Technical Setup screener lists more stocks with similar characteristics.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.