The price-to-earnings ratio for Bumble Inc (NASDAQ: BMBL) is 25.07x, which is above its average ratio. Moreover, the 36-month beta value for BMBL is 1.68. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 15 as “hold,” and 1 as “sell.”
The public float for BMBL is 91.81M and currently, short sellers hold a 16.82% of that float. On October 21, 2024, BMBL’s average trading volume was 3.66M shares.
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BMBL) stock’s latest price update
Bumble Inc (NASDAQ: BMBL)’s stock price has gone rise by 0.26 in comparison to its previous close of 7.31, however, the company has experienced a 8.42% increase in its stock price over the last five trading days. accesswire.com reported 2024-10-21 that NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Bumble Inc. (NASDAQ:BMBL) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/bumble-lawsuit-submission-form?prid=108932&wire=1 or contact Joseph E. Levi, Esq.
BMBL’s Market Performance
Bumble Inc (BMBL) has experienced a 8.42% rise in stock performance for the past week, with a 20.35% rise in the past month, and a -19.99% drop in the past quarter. The volatility ratio for the week is 4.10%, and the volatility levels for the past 30 days are at 4.38% for BMBL. The simple moving average for the past 20 days is 10.21% for BMBL’s stock, with a -26.86% simple moving average for the past 200 days.
Analysts’ Opinion of BMBL
TD Cowen, on the other hand, stated in their research note that they expect to see BMBL reach a price target of $7.50, previously predicting the price at $22. The rating they have provided for BMBL stocks is “Hold” according to the report published on August 16th, 2024.
Susquehanna gave a rating of “Neutral” to BMBL, setting the target price at $6 in the report published on August 09th of the current year.
BMBL Trading at 12.93% from the 50-Day Moving Average
After a stumble in the market that brought BMBL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.90% of loss for the given period.
Volatility was left at 4.38%, however, over the last 30 days, the volatility rate increased by 4.10%, as shares surge +24.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.74% upper at present.
During the last 5 trading sessions, BMBL rose by +8.58%, which changed the moving average for the period of 200-days by -48.16% in comparison to the 20-day moving average, which settled at $6.65. In addition, Bumble Inc saw -50.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BMBL starting from Hsiao Sissie L., who sale 2,707 shares at the price of $6.76 back on Oct 04 ’24. After this action, Hsiao Sissie L. now owns 40,571 shares of Bumble Inc, valued at $18,293 using the latest closing price.
Hsiao Sissie L., the Director of Bumble Inc, proposed sale 2,707 shares at $6.76 during a trade that took place back on Oct 04 ’24, which means that Hsiao Sissie L. is holding shares at $18,293 based on the most recent closing price.
Stock Fundamentals for BMBL
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.66 for the gross margin
The net margin for Bumble Inc stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 2.57, with 1.18 for asset returns.
Based on Bumble Inc (BMBL), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is -10.49.
Currently, EBITDA for the company is 116.76 million with net debt to EBITDA at 1.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 10.66for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.38.
Conclusion
To wrap up, the performance of Bumble Inc (BMBL) has been mixed in recent times. The stock has received a bullish of “buy” 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.
