In the latest session, Airbnb Inc. (NASDAQ: ABNB) closed at $104.42 down -1.22% from its previous closing price of $105.71. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 4715705 shares were traded. ABNB stock price reached its highest trading level at $106.52 during the session, while it also had its lowest trading level at $103.74.
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For a deeper understanding of Airbnb Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 23 when Lin Alfred sold 8,153 shares for $106.36 per share. The transaction valued at 867,153 led to the insider holds 0 shares of the business.
Stephenson Dave sold 6,521 shares of ABNB for $693,052 on May 22. The Chief Financial Officer now owns 152,086 shares after completing the transaction at $106.28 per share. On May 22, another insider, POWELL CATHERINE C, who serves as the Global Head of Hosting of the company, sold 2,409 shares for $110.00 each. As a result, the insider received 264,990 and left with 121,319 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABNB now has a Market Capitalization of 66.35B and an Enterprise Value of 58.09B. As of this moment, Airbnb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.80, and their Forward P/E ratio for the next fiscal year is 25.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.99 while its Price-to-Book (P/B) ratio in mrq is 12.51. Its current Enterprise Value per Revenue stands at 6.67 whereas that against EBITDA is 26.26.
Stock Price History:
Over the past 52 weeks, ABNB has reached a high of $144.63, while it has fallen to a 52-week low of $81.91. The 50-Day Moving Average of the stock is 115.68, while the 200-Day Moving Average is calculated to be 110.35.
For the past three months, ABNB has traded an average of 6.18M shares per day and 7.28M over the past ten days. A total of 634.00M shares are outstanding, with a floating share count of 392.44M. Insiders hold about 3.20% of the company’s shares, while institutions hold 64.30% stake in the company. Shares short for ABNB as of May 14, 2023 were 23.24M with a Short Ratio of 23.24M, compared to 18.69M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.69% and a Short% of Float of 5.74%.
There are 23 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.76 for the current quarter, with a high estimate of $0.96 and a low estimate of $0.62, while EPS last year was $0.56. The consensus estimate for the next quarter is $1.98, with high estimates of $2.38 and low estimates of $1.67.
Analysts are recommending an EPS of between $4.15 and $2.95 for the fiscal current year, implying an average EPS of $3.45. EPS for the following year is $4.02, with 26 analysts recommending between $5.49 and $3.18.
A total of 29 analysts believe the company’s revenue will be $2.41B this quarter.It ranges from a high estimate of $2.45B to a low estimate of $2.37B. As of the current estimate, Airbnb Inc.’s year-ago sales were $2.1B, an estimated increase of 14.70% from the year-ago figure. For the next quarter, 29 analysts are estimating revenue of $3.2B, an increase of 12.50% less than the figure of $14.70% in the same quarter last year. There is a high estimate of $3.44B for the next quarter, whereas the lowest estimate is $2.9B.
A total of 34 analysts have provided revenue estimates for ABNB’s current fiscal year. The highest revenue estimate was $9.99B, while the lowest revenue estimate was $9.17B, resulting in an average revenue estimate of $9.51B. In the same quarter a year ago, actual revenue was $8.4B, up 13.20% from the average estimate. Based on 34 analysts’ estimates, the company’s revenue will be $10.79B in the next fiscal year. The high estimate is $11.86B and the low estimate is $9.74B. The average revenue growth estimate for next year is up 13.50% from the average revenue estimate for this year.