Airbnb Inc. (NASDAQ:ABNB) went up by 2.79% from its latest closing price compared to the recent 1-year high of $212.58. The company’s stock price has collected 3.38% of gains in the last five trading sessions. Barron’s reported on 05/24/22 that Why Airbnb Quit China
Is It Worth Investing in Airbnb Inc. (NASDAQ :ABNB) Right Now?
Airbnb Inc. (NASDAQ:ABNB) scored a price-to-earnings ratio above its average ratio, recording 87.56 x from its present earnings ratio. Opinions of the stock are interesting as 14 analysts out of 37 who provided ratings for Airbnb Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 18 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $181.93, which is $79.35 above the current price. ABNB currently public float of 284.08M and currently shorts hold a 4.70% ratio of that float. Today, the average trading volume of ABNB was 6.50M shares.
ABNB’s Market Performance
ABNB stocks went up by 3.38% for the week, with a monthly drop of -10.42% and a quarterly performance of -36.79%, while its annual performance rate touched -31.68%. The volatility ratio for the week stands at 5.14% while the volatility levels for the past 30 days are set at 5.34% for Airbnb Inc. The simple moving average for the period of the last 20 days is -8.74% for ABNB stocks with a simple moving average of -35.60% for the last 200 days.
Analysts’ Opinion of ABNB
Many brokerage firms have already submitted their reports for ABNB stocks, with Wolfe Research repeating the rating for ABNB by listing it as a “Peer Perform.” The predicted price for ABNB in the upcoming period, according to Wolfe Research is $110 based on the research report published on June 15th of the current year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see ABNB reach a price target of $200, previously predicting the price at $214. The rating they have provided for ABNB stocks is “Buy” according to the report published on April 20th, 2022.
Deutsche Bank gave a rating of “Hold” to ABNB, setting the target price at $150 in the report published on March 11th of the current year.
ABNB Trading at -22.52% 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 -51.89% of loss for the given period.
Volatility was left at 5.34%, however, over the last 30 days, the volatility rate increased by 5.14%, as shares sank -9.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.36% lower at present.
During the last 5 trading sessions, ABNB rose by +3.38%, which changed the moving average for the period of 200-days by -34.94% in comparison to the 20-day moving average, which settled at $111.55. In addition, Airbnb Inc. saw -38.57% 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 Johnson Belinda J., who sale 1,000 shares at the price of $96.39 back on Jun 16. After this action, Johnson Belinda J. now owns 5,920 shares of Airbnb Inc., valued at $96,390 using the latest closing price.
Gebbia Joseph, the of Airbnb Inc., sale 250,000 shares at $100.28 during a trade that took place back on Jun 13, which means that Gebbia Joseph is holding 3,438,742 shares at $25,069,701 based on the most recent closing price.
Stock Fundamentals for ABNB
Current profitability levels for the company are sitting at:
- +9.24 for the present operating margin
- +80.71 for the gross margin
The net margin for Airbnb Inc. stands at -5.88. Equity return is now at value 18.50, with 5.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.