The price-to-earnings ratio for Airbnb Inc (NASDAQ: ABNB) is above average at 18.68x, Company’s 36-month beta value is 1.18.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ABNB is 422.50M, and currently, short sellers hold a 3.27% ratio of that floaft. The average trading volume of ABNB on October 22, 2024 was 4.66M shares.
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ABNB) stock’s latest price update
Airbnb Inc (NASDAQ: ABNB) has seen a rise in its stock price by 0.54 in relation to its previous close of 136.45. However, the company has experienced a 1.78% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-21 that In the most recent trading session, Airbnb, Inc. (ABNB) closed at $137.19, indicating a +0.54% shift from the previous trading day.
ABNB’s Market Performance
ABNB’s stock has risen by 1.78% in the past week, with a monthly rise of 4.58% and a quarterly drop of -7.77%. The volatility ratio for the week is 1.62% while the volatility levels for the last 30 days are 2.02% for Airbnb Inc The simple moving average for the last 20 days is 4.26% for ABNB stock, with a simple moving average of -4.54% for the last 200 days.
Analysts’ Opinion of ABNB
Many brokerage firms have already submitted their reports for ABNB stocks, with Raymond James repeating the rating for ABNB by listing it as a “Mkt Perform.” The predicted price for ABNB in the upcoming period, according to Raymond James is $134 based on the research report published on September 27, 2024 of the current year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see ABNB reach a price target of $94. The rating they have provided for ABNB stocks is “Underweight” according to the report published on September 05th, 2024.
ABNB Trading at 11.03% 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 -19.35% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares surge +6.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.21% upper at present.
During the last 5 trading sessions, ABNB rose by +1.78%, which changed the moving average for the period of 200-days by +2.59% in comparison to the 20-day moving average, which settled at $131.58. In addition, Airbnb Inc saw 0.77% 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 BALOGH ARISTOTLE N, who sale 600 shares at the price of $133.51 back on Oct 15 ’24. After this action, BALOGH ARISTOTLE N now owns 193,444 shares of Airbnb Inc, valued at $80,106 using the latest closing price.
Chesky Brian, the CEO and Chairman of Airbnb Inc, sale 38,460 shares at $133.97 during a trade that took place back on Oct 14 ’24, which means that Chesky Brian is holding 13,200,529 shares at $5,152,486 based on the most recent closing price.
Stock Fundamentals for ABNB
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.77 for the gross margin
The net margin for Airbnb Inc stands at 0.46. The total capital return value is set at 0.15. Equity return is now at value 74.18, with 20.39 for asset returns.
Based on Airbnb Inc (ABNB), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 1.92. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 20.75.
Currently, EBITDA for the company is 2.23 billion with net debt to EBITDA at -2.77. When we switch over and look at the enterprise to sales, we see a ratio of 7.85. The receivables turnover for the company is 1.0for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
In a nutshell, Airbnb Inc (ABNB) has experienced a better performance in recent times. The stock has received mixed “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.
