|Bid||25.93 x 1200|
|Ask||25.98 x 1200|
|Day's Range||25.78 - 26.55|
|52 Week Range||23.05 - 35.29|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.97|
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Beyond Meat, Inc. (BYND) and its recent IPO that has seen it destroy Uber (UBER) and Lyft (LYFT).
Pinterest (NYSE:PINS) went public in April. Its first-day return was 28.4%. Snap (NYSE:SNAP) went public in March 2017. While Pinterest stock has an amount of risk, Snap stock still has been really bumpy since its opening. Source: Shutterstock Its first-day return was 44.0%. Both raised more than $1 billion in their respective IPOs, and both don't make money.So, which would you buy? SNAP stock or Pinterest?InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's an intriguing question. * 7 High-Yield REITs to Buy (Even When the Market Tanks) A Look at SNAP StockIn March, I discussed the reasons why I wouldn't bet on SNAP. For me, it came down to the fact it had doubled in price in less than six months, this for a company that was having troubles hanging on to users and losing a boatload of money. That being said, I did finish by stating that if you were someone with a high-risk tolerance, SNAP stock was one of the more intriguing low-priced stocks available. Since then it reported Q1 2019 results April 23 and they were better than expected with a loss of $0.10, two cents better than the consensus. On the top line, forecasted revenue was $320 million, 4.2% higher than the analyst estimate. Finally, daily active users and ARPU were 190 million and $1.68 respectively, both well clear of analyst expectations. However, it's stock actually fell on the news, and it's been on a downward trend ever since, although it's still well above $10, which it first hit in February. The problem, as analysts and InvestorPlace's own Will Healy recently pointed out, is that Snap's got a long way to go before it is profitable. "Analysts predict Snap will continue to lose money until at least 2022," Healy wrote May 7. "This means the company has to either increase debt or dilute its stock further to stay in business, let alone fund a counterthreat to Instagram."If you follow Tesla (NASDAQ:TSLA), you're absolutely aware of the stress an ongoing cash crunch puts on a company. One wrong move and it could be lights out. That's never an easy thing to put out of your mind if you're the CEO. However, Snap CEO did get a little good news about Instagram May 16. Facebook (NASDAQ:FB), which had been testing Direct, a standalone messaging app for Instagram users, will now integrate the messaging capabilities directly into the Instagram app itself, saving Snap one less aggravation. SNAP stock jumped more than 7% on the news. My stance on SNAP hasn't changed.While I wouldn't own it, I do feel it continues to move in the right direction. If it can continue to keep the lights on until becoming profitable, aggressive investors are wise to consider it. What About Pinterest?Pinterest stock was having a strong first month as a public company until it announced its first earnings report May 16 after the markets closed. Investors didn't like the news. As I write this, Pinterest stock has given back all be about 7% of its post-IPO gains. Investors knew heading into Pinterest's Q1 2019 earnings that it was losing money so the fact that it announced a loss of $41.4 million, 21% lower than a year earlier, should not have come as a surprise to anyone. However, analysts were expecting a loss of 11 cents. The fact that Pinterest came in 200% higher with a 33-cent loss spooked investors."There is a lot of trepidation in the market today because of what we just saw with Uber and Lyft," said John Mullins, associate professor of management practice at the London Business School.Frankly, the fact that it grew revenues by 54% in the quarter to $202 million and reduced the amount of its loss year over year, are signs it could get to profitability long before Snap does. The biggest positive I see looking through Pinterest's Q1 report is the future potential of its international audience. Its monthly active users outside the U.S. grew 29% to 206 million, almost three times higher than those in the U.S. Yet, its average revenue per user internationally was a mere 8 cents compared to $2.25 in the U.S.Should Pinterest take advantage of its international user base in terms of advertising, the sky's the limit. The Bottom Line on Pinterest StockAlthough Snap is making strides in its business, if you put a gun to my head and forced me to buy one of the two stocks, I would definitely go with Pinterest. From where I sit, the risk associated with Pinterest stock is far less than with SNAP. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post When It Comes to Risk, Pinterest Stock Is a Better Buy Than Snapchat appeared first on InvestorPlace.
In his second "Executive Decision" segment of Friday's Mad Money program, Jim Cramer sat down with Ben Silbermann, CEO of Pinterest, Inc. , the online discovery service and recent IPO that saw its shares fall 13.4% after reporting its first quarterly earnings as a public company. Silbermann said despite now being public, he remains focused on Pinterest's users and providing them the best experience possible.
Social media firm Snap (NYSE:SNAP), the owner of the Snapchat social network, is one of 2019's most obvious redemption stories. After slumping for much of its life as a public company following its March 2017 initial public offering, Snap stock has more than doubled in 2019.Source: Shutterstock On Thursday, Snap stock jumped 7.13% on volume that was nearly 50% above the daily average after newly public rival Pinterest,(NYSE:PINS) forecast 2019 revenue of $1.055 billion-$1.08 billion, roughly in-line with the $1.06 billion analysts, on average, were expecting. * 7 High-Yield REITs to Buy (Even When the Market Tanks) That was a one-day sympathy rally, but Snap stock has had some credible winds at its back this year. Snap reported a first-quarter loss of 10 cents per share on revenue of $320 million, much better than the loss of 12 cents per share on revenue of $306 million that analysts, on average, had expected.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Snap offered second-quarter revenue guidance of $335 million to $360 million, putting the midpoint slightly ahead of an analyst projection for $345.5 million," according to Barron's. Not Everyone's ConvincedWhile the redemption of Snap stock this year is irrefutable, some analysts and investors remain skeptical about Snap Inc stock. That is an easy posture to have after a stock more than doubles, but more importantly, Snap faces multiple competitive threats from the likes of Facebook Inc. (NASDAQ:FB), Twitter (NYSE:TWTR) and Pinterest, among others.Plus, Snap stock trades at 12 times its sales and seven times its book value, multiples that are higher than the comparable metrics on Facebook, a profitable, mega-cap company.The average analyst price target on Snap stock is about $11.50, nearly exactly where the stock closed on May 17. Some analysts are not so optimistic.JPMorgan Chase analyst Doug Anmuth recently reiterated his Underweight rating on Snap stock. Looking at some of the price targets that are above where Snap currently resides, those analyst forecasts imply upside of just 5%-10% from current levels.Conversely, some analysts are more optimistic about the shares of the social media firm."As a result, we believe Snap is likely to become profitable over the next five years. We are maintaining our $14 per share fair value estimate for Snap," said Morningstar. "After rising more than 140% from its 52-week low in December to its $12 range currently, the stock is trading in 3-star territory and we recommend waiting for a wider margin of safety before investing in this no-moat and very high uncertainty brand."And for the uber-bullish, RBC analyst Mark Mahaney believes Snap Inc stock can surge all the way back to the magic number of $17, its IPO price. The Bottom Line on Snap StockSnap stock has recently encountered some lethargy. Even with its big pop on May 16, the shares are down about 2% in May.Adding to the case for caution towards Snap stock, the company still is not profitable, and as the spate of recent "unicorn" IPOs suggest, Wall Street does not have the patience it once had for money-losing social media and technology companies. By some estimates, Snap will not break even on an EBITDA basis for another two years.The near-term bottom line for Snap stock is that it could be vulnerable to some profit-taking, but the company is retaining younger users and growing that base and has some potentially compelling initiatives underway. Consequently, investors who want to be engaged with the social media stock right now can consider buying a small amount of Snap stock.As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post After an Epic Rebound, Snap Stock Could Test Investors appeared first on InvestorPlace.
The social discovery platform operator reports stumbles in its first quarterly report as a public company. There's a balance that it needs to get right to win on Wall Street, and the clock is ticking.
Pinterest Inc. shares tumble, as analysts weigh in on the company’s first quarterly earnings since going public, with most seeming unfazed by bigger-than-expected losses.
On Thursday after the close, Pinterest reported Q1 revenue of $201.9 million (up 54% annually) and non-GAAP EPS of negative $0.32. Revenue beat a consensus estimate of $200.7 million. EPS officially missed a consensus of negative $0.11, but it's worth noting Pinterest's non-GAAP net loss ($40.4 million) was smaller than analyst estimates, and that its GAAP operating loss of $44.8 million was actually below a guidance range (issued in its IPO filing) of $47.5 million to $50.5 million.
Earnings can be tough to navigate, particularly for those that have yet to report their first quarterly result as a public company. The company's quarterly results weren't enough to impress, with shares tumbling more than 17% at one point in Thursday's after-hours trading session.
Pinterest Inc. shares dropped more than 15% in after-hours trading Thursday, following the company’s first earnings report since its initial public offering.
This weekend's Barron's cover story offers reasons why investors should not panic about the trade war. Another featured article suggests five cheap stocks to ride out the trade war. 5 Reasons Not to Panic." by Reshma Kapadia, shows how much Apple Inc. (NASDAQ: AAPL), Cisco Systems, Inc. (NASDAQ: CSCO) and other stocks are at risk from trade-related issues.
The Dow Jones Industrial Average ended down Friday following a report U.S. trade talks with China are at an impasse. dipped slightly after analysts at Nomura lowered their already below-market-price target on concerns stemming from trade tensions between the world's two largest economies. fell after the chipmaker topped analysts' first-quarter earnings forecasts, but backed away from full-year revenue guidance.
Pinterest released its first quarterly earnings report as a public company after Thursday’s market close—and let’s just say the numbers left investors wanting.
Equiteq CEO David Jorgenson joins Yahoo Finance's Adam Shapiro, Julie Hyman, and Brian Sozzi to explain why tech companies should be paying close attention to the cybersecurity index.
"We're trying to be transparent and ... we want to focus on the long term," CEO Ben Silbermann says.