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-0.000271665308340071 -0.000543330616680335 0.000814995925020406 0 -0.00543330616680258 -0.00516164085846231 -0.0056778049443087 -0.00271665308340129
Stock impact report

Pinterest: Elliott Deal Declares A 'Value Play' [Seeking Alpha]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Seeking Alpha
Elliott Management's $1 billion investment via convertible notes at a 30% premium signals strong conviction in PINS as a value play. PINS posted Q4 revenues of $1.3 billion (+14% Y/Y), a record 619 million MAUs, an all-time high ARPU, and a 30% free cash flow margin. At 11x P/E and sub-7x EV/EBITDA, PINS trades at a rare 0.5x PEG, presenting potential 2x upside; reiterated "Buy" rating. 5./15 WEST/iStock Unreleased via Getty Images Pinterest, Inc. ( PINS ) shares have fallen sharply in recent months, continuing a five-year fallout that has now led to a drawdown of over 75%. Despite record engagement and improving profitability, investors are not convinced Pinterest will stay relevant in the face This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I a Show less Read more
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