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Is Pinterest (Pins) a good stock to buy?

Pinterest (PINS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this digital pinboard and shopping tool company have returned +2.2%, compared to the Zacks S&P 500 composite's +4.1% change.

What determines the fair value of Pinterest's stock?

That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. For the current quarter, Pinterest is expected to post earnings of $0.28 per share, indicating a change of +33.3% from the year-ago quarter.

Is Pinterest still cheap?

Great news for investors – Pinterest is still trading at a fairly cheap price. Our valuation model shows that the intrinsic value for the stock is $55.16, but it is currently trading at US$41.30 on the share market, meaning that there is still an opportunity to buy now.

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