Pinstripes (NYSE:PNST – Free Report) had its price objective lowered by Oppenheimer from $6.00 to $5.00 in a research report sent to investors on Thursday, Benzinga reports. The brokerage currently has an outperform rating on the stock.
Pinstripes Trading Down 22.7 %
Pinstripes stock opened at $1.70 on Thursday. Pinstripes has a twelve month low of $1.55 and a twelve month high of $16.00. The company has a 50 day moving average of $2.20 and a 200-day moving average of $2.82.
Pinstripes (NYSE:PNST – Get Free Report) last announced 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 company had revenue of $30.60 million for the quarter, compared to analysts’ expectations of $34.45 million. As a group, analysts anticipate that Pinstripes will post -0.47 EPS for the current fiscal year.
Institutional Investors Weigh In On Pinstripes
Pinstripes Company Profile
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.
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