Critical Review: Pinstripes (PNST) & The Competition

Insider & Institutional Ownership

56.8% of Pinstripes shares are owned by institutional investors. Comparatively, 48.8% of shares of all “Hotels, Restaurants & Leisure” companies are owned by institutional investors. 32.4% of Pinstripes shares are owned by company insiders. Comparatively, 22.2% of shares of all “Hotels, Restaurants & Leisure” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Pinstripes and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Pinstripes	N/A	N/A	N/A
Pinstripes Competitors	-10.51%	-45.95%	1.82%

Earnings and Valuation

This table compares Pinstripes and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Pinstripes	$128.79 million	-$6.79 million	-0.07
Pinstripes Competitors	$3.38 billion	$245.98 million	11.39

Pinstripes’ peers have higher revenue and earnings than Pinstripes. Pinstripes is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Pinstripes has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Pinstripes’ peers have a beta of 1.38, meaning that their average stock price is 38% more volatile than the S&P 500.

Summary

Pinstripes peers beat Pinstripes on 5 of the 9 factors compared.

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.