The stock of Airbnb Inc (ABNB) has seen a -1.03% decrease in the past week, with a 5.87% gain in the past month, and a -2.31% decrease in the past quarter. The volatility ratio for the week is 1.82%, and the volatility levels for the past 30 days are at 1.99% for ABNB. The simple moving average for the past 20 days is 2.26% for ABNB’s stock, with a -5.44% simple moving average for the past 200 days.
Is It Worth Investing in Airbnb Inc (NASDAQ: ABNB) Right Now?
The price-to-earnings ratio for Airbnb Inc (NASDAQ: ABNB) is above average at 18.49x. The 36-month beta value for ABNB is also noteworthy at 1.17. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ABNB is 422.50M, and at present, short sellers hold a 3.26% of that float. The average trading volume of ABNB on October 29, 2024 was 4.56M shares.
ABNB) stock’s latest price update
Airbnb Inc (NASDAQ: ABNB)’s stock price has soared by 0.89 in relation to previous closing price of 134.58. Nevertheless, the company has seen a loss of -1.03% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-27 that There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and office REITs face significant challenges, including erratic earnings, high costs, and post-COVID demand shifts, making them risky investments despite low multiples. Diversified and retail REITs are undervalued; diversified REITs are misunderstood, and retail REITs have growth potential due to long-term lease roll-ups.
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 8.33% 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 -20.18% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 1.82%, as shares surge +7.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.74% upper at present.
During the last 5 trading sessions, ABNB fell by -1.03%, which changed the moving average for the period of 200-days by -2.63% in comparison to the 20-day moving average, which settled at $132.79. In addition, Airbnb Inc saw -0.26% 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 ABNB starting from BALOGH ARISTOTLE N, who sale 600 shares at the price of $136.11 back on Oct 22 ’24. After this action, BALOGH ARISTOTLE N now owns 192,844 shares of Airbnb Inc, valued at $81,666 using the latest closing price.
BALOGH ARISTOTLE N, the Officer of Airbnb Inc, proposed sale 600 shares at $136.11 during a trade that took place back on Oct 22 ’24, which means that BALOGH ARISTOTLE N is holding shares at $81,666 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 7.76. 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 summary, Airbnb Inc (ABNB) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
