There Is Still Room For Airbnb Inc. (ABNB) to Improve Its Value – Let’s Wait for Clarity

Airbnb Inc. (NASDAQ: ABNB) closed the day trading at 114.01 down -2.31% from the previous closing price of $116.71. In other words, the price has decreased by $-2.70 from its previous closing price. On the day, 6852512 shares were traded. ABNB reached its highest trading level at $119.33 during the session, while it also had its lowest trading level at $112.36.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored

Ratios:

For a better understanding of ABNB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.38.

Upgrades & Downgrades

Wolfe Research reiterated its Peer Perform rating for the stock on June 15, 2022, while the target price for the stock was revised from $130 to $110.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 15 when BALOGH ARISTOTLE N sold 2,500 shares for $125.29 per share. The transaction valued at 313,225 led to the insider holds 240,981 shares of the business.

Johnson Belinda J. sold 1,000 shares of ABNB for $125,290 on Sep 15. The Director now owns 5,920 shares after completing the transaction at $125.29 per share. On Sep 13, another insider, Gebbia Joseph, who serves as the Director of the company, sold 250,000 shares for $121.87 each. As a result, the insider received 30,466,912 and left with 1,750,101 shares of the company.

Valuation Measures:

As of this moment, Airbnb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.16, and their Forward P/E ratio for the next fiscal year is 45.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.40 while its Price-to-Book (P/B) ratio in mrq is 13.87.

Stock Price History:

Over the past 52 weeks, ABNB has reached a high of $212.58, while it has fallen to a 52-week low of $86.71. The 50-Day Moving Average of the stock is 113.43, while the 200-Day Moving Average is calculated to be 137.97.

Shares Statistics:

Over the past 3-months, ABNB traded about 6.72M shares per day on average, while over the past 10 days, ABNB traded about 6.45M shares per day. A total of 638.41M shares are outstanding, with a floating share count of 384.11M. Insiders hold about 3.30% of the company’s shares, while institutions hold 65.60% stake in the company. Shares short for ABNB as of Jul 14, 2022 were 22.43M with a Short Ratio of 2.46, compared to 15.15M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.52% and a Short% of Float of 5.97%.

Earnings Estimates

Current recommendations for the stock of the company come from 23 analysts. On average, analysts expect EPS of $0.44 for the current quarter, with a high estimate of $0.71 and a low estimate of $0.26, while EPS last year was $-0.11. The consensus estimate for the next quarter is $1.27, with high estimates of $1.64 and low estimates of $0.99.

Analysts are recommending an EPS of between $3.06 and $1.01 for the fiscal current year, implying an average EPS of $1.89. EPS for the following year is $2.42, with 26 analysts recommending between $4.04 and $1.4.

Revenue Estimates

30 analysts predict $2.1B in revenue for the current quarter. It ranges from a high estimate of $2.17B to a low estimate of $2.01B. As of the current estimate, Airbnb Inc.’s year-ago sales were $1.34B, an estimated increase of 57.50% from the year-ago figure.

A total of 37 analysts have provided revenue estimates for ABNB’s current fiscal year. The highest revenue estimate was $8.8B, while the lowest revenue estimate was $6.61B, resulting in an average revenue estimate of $8.2B. In the same quarter a year ago, actual revenue was $5.99B, up 36.80% from the average estimate. Based on 38 analysts’ estimates, the company’s revenue will be $9.65B in the next fiscal year. The high estimate is $11.19B and the low estimate is $8.43B. The average revenue growth estimate for next year is up 17.70% from the average revenue estimate for this year.