The price-to-earnings ratio for Airbnb Inc (NASDAQ: ABNB) is above average at 15.71x, while the 36-month beta value is 1.25.Analysts have differing opinions on the stock, with 12 analysts rating it as a “buy,” 2 as “overweight,” 22 as “hold,” and 4 as “sell.”

The average price point forecasted by analysts for Airbnb Inc (ABNB) is $133.65, which is $3.95 above the current market price. The public float for ABNB is 411.52M, and currently, short sellers hold a 7.09% ratio of that floaft. The average trading volume of ABNB on November 21, 2023 was 6.91M shares.

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ABNB) stock’s latest price update

The stock price of Airbnb Inc (NASDAQ: ABNB) has jumped by 2.01 compared to previous close of 127.15. Despite this, the company has seen a gain of 8.85% in its stock price over the last five trading days. Market Watch reported 2023-11-20 that A previous version of this report made an incorrect reference to the amount of investment in OpenAI by Microsoft and the name of former OpenAi President Greg Brockman. The story has been corrected.

ABNB’s Market Performance

Airbnb Inc (ABNB) has experienced a 8.85% rise in stock performance for the past week, with a 11.34% rise in the past month, and a 2.06% rise in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are at 3.75% for ABNB.. The simple moving average for the past 20 days is 8.02% for ABNB’s stock, with a 3.32% simple moving average for the past 200 days.

Analysts’ Opinion of ABNB

Many brokerage firms have already submitted their reports for ABNB stocks, with Evercore ISI repeating the rating for ABNB by listing it as a “In-line.” The predicted price for ABNB in the upcoming period, according to Evercore ISI is $136 based on the research report published on November 17, 2023 of the current year 2023.

ABNB Trading at 1.62% 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 -16.30% of loss for the given period.

Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares surge +7.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.97% lower at present.

During the last 5 trading sessions, ABNB rose by +8.85%, which changed the moving average for the period of 200-days by +9.27% in comparison to the 20-day moving average, which settled at $120.54. In addition, Airbnb Inc saw 51.70% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ABNB starting from JORDAN JEFFREY D, who sale 2,000 shares at the price of $130.00 back on Nov 15. After this action, JORDAN JEFFREY D now owns 191,646 shares of Airbnb Inc, valued at $260,000 using the latest closing price.

Gebbia Joseph, the Director of Airbnb Inc, sale 499,999 shares at $125.35 during a trade that took place back on Nov 14, which means that Gebbia Joseph is holding 500,022 shares at $62,674,829 based on the most recent closing price.

Stock Fundamentals for ABNB

Current profitability levels for the company are sitting at:

The net margin for Airbnb Inc stands at +22.54. The total capital return value is set at 24.90, while invested capital returns managed to touch 25.29. Equity return is now at value 74.47, with 29.11 for asset returns.

Based on Airbnb Inc (ABNB), the company’s capital structure generated 42.10 points at debt to equity in total, while total debt to capital is 29.63. Total debt to assets is 14.60, with long-term debt to equity ratio resting at 41.04. Finally, the long-term debt to capital ratio is 28.88.

When we switch over and look at the enterprise to sales, we see a ratio of 7.72, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 49.04 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.86.

Conclusion

In a nutshell, Airbnb Inc (ABNB) has experienced a better performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.