Airbnb Inc. (NASDAQ:ABNB) went down by -1.47% from its latest closing price compared to the recent 1-year high of $219.94. The company’s stock price has collected -4.07% of loss in the last five trading sessions. The Wall Street Journal reported on 06/01/21 that In Travel, It Pays to Be a One-Trick Pony
Is It Worth Investing in Airbnb Inc. (NASDAQ :ABNB) Right Now?
Opinions of the stock are interesting as 13 analysts out of 35 who provided ratings for Airbnb Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 17 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $170.93, which is $27.94 above the current price. ABNB currently public float of 183.16M and currently shorts hold a 14.98% ratio of that float. Today, the average trading volume of ABNB was 6.95M shares.
ABNB’s Market Performance
ABNB stocks went down by -4.07% for the week, with a monthly drop of -1.28% and a quarterly performance of -21.19%. The volatility ratio for the week stands at 3.90% while the volatility levels for the past 30 days are set at 4.59% for Airbnb Inc.. The simple moving average for the period of the last 20 days is 3.06% for ABNB stocks with a simple moving average of -15.19% for the last 200 days.
Analysts’ Opinion of ABNB
Many brokerage firms have already submitted their reports for ABNB stocks, with RBC Capital Mkts repeating the rating for ABNB by listing it as a “Outperform.” The predicted price for ABNB in the upcoming period, according to RBC Capital Mkts is $170 based on the research report published on May 27th of the current year 2021.
Wells Fargo, on the other hand, stated in their research note that they expect to see ABNB reach a price target of $200. The rating they have provided for ABNB stocks is “Overweight” according to the report published on May 14th, 2021.
Needham gave a rating of “Buy” to ABNB, setting the target price at $210 in the report published on April 27th of the current year.
ABNB Trading at -9.97% from the 50-Day Moving Average
After a stumble in the market that brought ABNB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.14% of loss for the given period.
Volatility was left at 4.59%, however, over the last 30 days, the volatility rate increased by 3.90%, as shares surge +1.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.63% lower at present.
During the last 5 trading sessions, ABNB fell by -4.07%, in comparison to the 20-day moving average, which settled at $140.65. In addition, Airbnb Inc. saw -1.33% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ABNB starting from Bernstein David C, who sale 5,032 shares at the price of $149.12 back on Jun 07. After this action, Bernstein David C now owns 77,422 shares of Airbnb Inc., valued at $750,347 using the latest closing price.
Johnson Belinda J., the Director of Airbnb Inc., sale 25,000 shares at $144.85 during a trade that took place back on Jun 02, which means that Johnson Belinda J. is holding 199,327 shares at $3,621,250 based on the most recent closing price.
Stock Fundamentals for ABNB
Current profitability levels for the company are sitting at:
- -101.79 for the present operating margin
- +74.07 for the gross margin
The net margin for Airbnb Inc. stands at -135.71. The total capital return value is set at -85.35, while invested capital returns managed to touch -115.29.
Based on Airbnb Inc. (ABNB), the company’s capital structure generated 79.71 points at debt to equity in total, while total debt to capital is 44.36. Total debt to assets is 22.05, with long-term debt to equity ratio resting at 77.42. Finally, the long-term debt to capital ratio is 43.08.
When we switch over and look at the enterprise to sales, we see a ratio of 24.82, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 21.16 and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.73.