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In the latest session, Bumble Inc (NASDAQ: BMBL) closed at $10.10 up 0.60% from its previous closing price of $10.04. In other words, the price has increased by $0.60 from its previous closing price. On the day, 1.73 million shares were traded. BMBL stock price reached its highest trading level at $10.27 during the session, while it also had its lowest trading level at $10.01.
Ratios:
For a deeper understanding of Bumble 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 3.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.82. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
On February 28, 2024, BTIG Research reiterated its Buy rating and also upped its target price recommendation from $20 to $15.
On December 07, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $19.Wells Fargo initiated its Overweight rating on December 07, 2023, with a $19 target price.
Insider Transactions:
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 Mar 03 ’24 when BTOA – NQ L.L.C. sold 2,509,316 shares for $11.10 per share. The transaction valued at 27,845,378 led to the insider holds 12,802 shares of the business.
BCP Buzz Holdings L.P. sold 2,509,316 shares of BMBL for $27,845,378 on Mar 03 ’24. The 10% Owner now owns 12,802 shares after completing the transaction at $11.10 per share. On Mar 03 ’24, another insider, BX Buzz ML-1 GP LLC, who serves as the 10% Owner of the company, sold 2,509,316 shares for $11.10 each. As a result, the insider received 27,845,378 and left with 12,802 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMBL now has a Market Capitalization of 1794436864 and an Enterprise Value of 2280865280. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 2.168 whereas that against EBITDA is 26.028.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $21.06, while it has fallen to a 52-week low of $9.99. The 50-Day Moving Average of the stock is -13.48%, while the 200-Day Moving Average is calculated to be -29.92%.
Shares Statistics:
For the past three months, BMBL has traded an average of 3.00M shares per day and 2898550 over the past ten days. A total of 130.69M shares are outstanding, with a floating share count of 92.17M. Insiders hold about 28.78% of the company’s shares, while institutions hold 72.11% stake in the company. Shares short for BMBL as of 1711584000 were 11889721 with a Short Ratio of 3.96, compared to 1709164800 on 10898454. Therefore, it implies a Short% of Shares Outstanding of 11889721 and a Short% of Float of 21.72.
Earnings Estimates
The stock of Bumble Inc (BMBL) is currently drawing attention from Bumble Inc. analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.00, with high estimates of $0.72 and low estimates of $5.31.
Analysts are recommending an EPS of between $Consumer Cyclical and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Technology.
