A share price of Pinstripes Holdings Inc [PNST] is currently trading at $0.43, up 5.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PNST shares have gain 9.37% over the last week, with a monthly amount drifted -27.33%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Pinstripes Holdings Inc [NYSE: PNST] stock has seen the most recent analyst activity on November 27, 2024, when BTIG Research reiterated its Buy rating and also revised its price target to $3 from $4. On January 30, 2024, Oppenheimer initiated with a Outperform rating and assigned a price target of $6 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $6 on January 29, 2024.
Pinstripes Holdings Inc experienced fluctuations in its stock price throughout the past year between $0.36 and $5.59. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Pinstripes Holdings Inc [NYSE: PNST] shares were valued at $0.43 at the most recent close of the market. An investor can expect a potential return of 1062.79% based on the average PNST price forecast.
Analyzing the PNST fundamentals
Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is 0.21 and Total Capital is -0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4054 points at the first support level, and at 0.3787 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4538, and for the 2nd resistance point, it is at 0.4755.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pinstripes Holdings Inc [NYSE:PNST] is 0.09. In addition, the Quick Ratio stands at 0.08 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.14.
Transactions by insiders
Recent insider trading involved Querciagrossa Anthony, Chief Financial Officer, that happened on Feb 26 ’24 when 100000.0 shares were purchased.
