Pinstripes (NYSE:PNST) Issues Earnings Results

Pinstripes (NYSE:PNST) announced its quarterly earnings results on Wednesday. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.04), Zacks reports.

Pinstripes Stock Performance

Shares of NYSE PNST traded up $0.10 during trading hours on Wednesday, reaching $0.47. The stock had a trading volume of 186,922 shares, compared to its average volume of 70,212. Pinstripes has a twelve month low of $0.34 and a twelve month high of $4.26. The business’s fifty day moving average is $0.43 and its two-hundred day moving average is $0.92.

Analyst Ratings Changes

Several analysts recently issued reports on PNST shares. Oppenheimer decreased their price objective on shares of Pinstripes from $5.00 to $2.00 and set an “outperform” rating for the company in a report on Wednesday, November 27th. BTIG Research decreased their price target on shares of Pinstripes from $4.00 to $3.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. Finally, William Blair reiterated an “outperform” rating on shares of Pinstripes in a research note on Wednesday, November 27th.

About Pinstripes

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.