For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Airbnb Inc’s stock clocked out at $163.01, up 0.10% from its previous closing price of $162.84. In other words, the price has increased by $0.10 from its previous closing price. On the day, 2.4 million shares were traded. ABNB stock price reached its highest trading level at $163.73 during the session, while it also had its lowest trading level at $159.5.
Ratios:
To gain a deeper understanding of ABNB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.27.
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 the company, Mizuho on April 24, 2024, Upgraded its rating to Buy and sets its target price to $200 from $150 previously.
On April 11, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $190.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 23 ’24 when BALOGH ARISTOTLE N sold 600 shares for $157.24 per share. The transaction valued at 94,344 led to the insider holds 221,104 shares of the business.
BALOGH ARISTOTLE N sold 600 shares of ABNB for $93,498 on Apr 16 ’24. The Chief Technology Officer now owns 221,704 shares after completing the transaction at $155.83 per share. On Apr 09 ’24, another insider, BALOGH ARISTOTLE N, who serves as the Chief Technology Officer of the company, sold 600 shares for $161.55 each. As a result, the insider received 96,930 and left with 222,304 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, ABNB now has a Market Capitalization of 103565459456 and an Enterprise Value of 96211320832. As of this moment, Airbnb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.53, and their Forward P/E ratio for the next fiscal year is 32.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.47 while its Price-to-Book (P/B) ratio in mrq is 12.74. Its current Enterprise Value per Revenue stands at 9.702 whereas that against EBITDA is 62.112.
Stock Price History:
Over the past 52 weeks, ABNB has reached a high of $170.10, while it has fallen to a 52-week low of $103.55. The 50-Day Moving Average of the stock is 2.05%, while the 200-Day Moving Average is calculated to be 15.28%.
Shares Statistics:
It appears that ABNB traded 4.75M shares on average per day over the past three months and 3461740 shares per day over the past ten days. A total of 438.00M shares are outstanding, with a floating share count of 419.94M. Insiders hold about 34.05% of the company’s shares, while institutions hold 51.07% stake in the company. Shares short for ABNB as of 1713139200 were 16673190 with a Short Ratio of 3.51, compared to 1710460800 on 19641157. Therefore, it implies a Short% of Shares Outstanding of 16673190 and a Short% of Float of 3.82.
