Bumble Inc (NASDAQ: BMBL) closed the day trading at $11.28 down -1.40% from the previous closing price of $11.44. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 3777426 shares were traded. BMBL stock price reached its highest trading level at $11.53 during the session, while it also had its lowest trading level at $11.10.
Ratios:
For a better understanding of BMBL, 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 4.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.73. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on February 28, 2024, Reiterated its Buy rating but revised its target price to $15 from $20 previously.
On December 07, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $19.
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 Dec 03 when BCP Buzz Holdings L.P. sold 4,012,101 shares for $13.88 per share. The transaction valued at 55,690,770 led to the insider holds 13,869 shares of the business.
BX Buzz ML-1 Holdco L.P. sold 4,012,101 shares of BMBL for $55,690,770 on Dec 03. The 10% Owner now owns 13,869 shares after completing the transaction at $13.88 per share. On Dec 03, another insider, Blackstone Holdings III GP Man, who serves as the 10% Owner of the company, sold 4,012,101 shares for $13.88 each. As a result, the insider received 55,690,770 and left with 13,869 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 1.50B and an Enterprise Value of 1.76B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.67 whereas that against EBITDA is 14.50.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $24.62, while it has fallen to a 52-week low of $11.16. The 50-Day Moving Average of the stock is 13.80, while the 200-Day Moving Average is calculated to be 15.36.
Shares Statistics:
Over the past 3-months, BMBL traded about 2.57M shares per day on average, while over the past 10 days, BMBL traded about 4.18M shares per day. A total of 130.69M shares are outstanding, with a floating share count of 94.80M. Insiders hold about 26.76% of the company’s shares, while institutions hold 73.30% stake in the company. Shares short for BMBL as of Feb 15, 2024 were 9.34M with a Short Ratio of 3.63, compared to 9.11M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.15% and a Short% of Float of 16.67%.
Earnings Estimates
Current recommendations for the stock of the company come from 17 analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.14 and a low estimate of $0, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.12, with high estimates of $0.2 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.87 and $0.37 for the fiscal current year, implying an average EPS of $0.58. EPS for the following year is $0.87, with 17 analysts recommending between $1.43 and $0.47.
Revenue Estimates
20 analysts predict $266.03M in revenue for the current quarter. It ranges from a high estimate of $276.3M to a low estimate of $262.9M. As of the current estimate, Bumble Inc’s year-ago sales were $242.95M, an estimated increase of 9.50% from the year-ago figure. For the next quarter, 20 analysts are estimating revenue of $279.54M, an increase of 7.60% less than the figure of $9.50% in the same quarter last year. There is a high estimate of $293.9M for the next quarter, whereas the lowest estimate is $264.9M.
A total of 22 analysts have provided revenue estimates for BMBL’s current fiscal year. The highest revenue estimate was $1.19B, while the lowest revenue estimate was $1.14B, resulting in an average revenue estimate of $1.15B. In the same quarter a year ago, actual revenue was $1.05B, up 9.60% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $1.28B in the next fiscal year. The high estimate is $1.36B and the low estimate is $1.24B. The average revenue growth estimate for next year is up 11.40% from the average revenue estimate for this year.
