Pinstripes (PNST) Stock Price, News & Analysis

Company Overview

Pinstripes Holdings Inc. operates a dining and entertainment concept restaurants. The company provides Italian-American food and beverage menu with bowling, bocce, and event space. It also offers private event options and catering services. The company is based in Northbrook, Illinois.

Key Stats

• Today's Range: $0.80 to $0.89
• 50-Day Range: $0.58 to $1.73
• 52-Week Range: $0.56 to $16.00
• Volume: 12,116 shs
• Average Volume: 77,919 shs
• Market Capitalization: $33.89 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.50
• Consensus Rating: Buy

Pinstripes Stock Analysis - MarketRank™

Pinstripes scored higher than 67% of companies evaluated by MarketBeat, and ranked 147th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Pinstripes has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pinstripes has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Pinstripes are expected to decrease in the coming year, from ($0.65) to ($0.67) per share.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.41% of the float of Pinstripes has been sold short.

Short Interest Ratio / Days to Cover

Pinstripes has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pinstripes has recently decreased by 22.10%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Pinstripes does not currently pay a dividend.

Dividend Growth

Pinstripes does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.41% of the float of Pinstripes has been sold short.

Short Interest Ratio / Days to Cover

Pinstripes has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pinstripes has recently decreased by 22.10%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Pinstripes has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Pinstripes this week, compared to 0 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Pinstripes insiders have not sold or bought any company stock.

Percentage Held by Insiders

32.42% of the stock of Pinstripes is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

56.79% of the stock of Pinstripes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PNST Stock Analysis - Frequently Asked Questions

How have PNST shares performed this year?

Pinstripes' stock was trading at $5.26 at the beginning of 2024. Since then, PNST shares have decreased by 83.9% and is now trading at $0.8455.
View the best growth stocks for 2024 here.

How were Pinstripes' earnings last quarter?

Pinstripes Holdings Inc. (NYSE:PNST) issued its earnings results on Wednesday, September, 4th. The company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.12. The business had revenue of $30.60 million for the quarter, compared to analysts' expectations of $34.45 million.

Who are Pinstripes' major shareholders?

Pinstripes' top institutional shareholders include Rockefeller Capital Management L.P. (0.78%) and Lakewood Asset Management LLC (0.16%).
View institutional ownership trends.

How do I buy shares of Pinstripes?

Shares of PNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Pinstripes own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pinstripes investors own include TransAct Technologies (TACT), Adverum Biotechnologies (ADVM), AngioDynamics (ANGO), APi Group (APG), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Boot Barn (BOOT).

Company Calendar

• Last Earnings: 9/04/2024
• Today: 11/19/2024
• Next Earnings (Confirmed): 11/26/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Eating & drinking places
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: NYSE:PNST
• Previous Symbol: NYSE:PNST
• CUSIP: N/A
• CIK: 1852633
• Web: www.banyanacquisition.com
• Phone: 847-757-3812
• Fax: N/A
• Employees: 1,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.50
• High Stock Price Target: $5.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +432.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.13
• Quick Ratio: 0.12

Sales & Book Value

• Annual Sales: $123.58 million
• Price / Sales: 0.27
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($3.66) per share
• Price / Book: -0.23

Miscellaneous

• Outstanding Shares: 40,088,000
• Free Float: 27,091,000
• Market Cap: $33.89 million
• Optionable: N/A
• Beta: -0.19