Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Airbnb Inc (NASDAQ: ABNB) closed at $113.62 down -1.27% from its previous closing price of $115.08. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 3.94 million shares were traded. ABNB stock price reached its highest trading level at $115.3 during the session, while it also had its lowest trading level at $113.27.
Ratios:
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 6.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.28.
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, Wedbush on May 28, 2024, Upgraded its rating to Outperform and sets its target price to $165 from $160 previously.
On May 09, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $160 to $156.
Mizuho Upgraded its Neutral to Buy on April 24, 2024, whereas the target price for the stock was revised from $150 to $200.
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 Aug 06 ’24 when BALOGH ARISTOTLE N bought 600 shares for $126.57 per share.
BALOGH ARISTOTLE N sold 600 shares of ABNB for $75,942 on Aug 06 ’24. The Chief Technology Officer now owns 205,774 shares after completing the transaction at $126.57 per share. On Aug 05 ’24, another insider, Chesky Brian, who serves as the Officer of the company, bought 83,654 shares for $123.96 each.
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 72779292672 and an Enterprise Value of 62878953472. As of this moment, Airbnb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.47, and their Forward P/E ratio for the next fiscal year is 24.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.85 while its Price-to-Book (P/B) ratio in mrq is 9.00. Its current Enterprise Value per Revenue stands at 5.986 whereas that against EBITDA is 38.411.
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 $110.38. The 50-Day Moving Average of the stock is -21.24%, while the 200-Day Moving Average is calculated to be -21.85%.
Shares Statistics:
For the past three months, ABNB has traded an average of 4.63M shares per day and 8368740 over the past ten days. A total of 438.00M shares are outstanding, with a floating share count of 423.13M. Insiders hold about 33.21% of the company’s shares, while institutions hold 54.00% stake in the company. Shares short for ABNB as of 1721001600 were 11134233 with a Short Ratio of 2.39, compared to 1718323200 on 12603209. Therefore, it implies a Short% of Shares Outstanding of 11134233 and a Short% of Float of 2.55.
Earnings Estimates
The current market rating for Airbnb Inc (ABNB) reflects the collective analysis of 29.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.74, with high estimates of $0.97 and low estimates of $0.52.
Analysts are recommending an EPS of between $4.75 and $3.62 for the fiscal current year, implying an average EPS of $4.24. EPS for the following year is $4.73, with 34.0 analysts recommending between $5.66 and $3.68.
Revenue Estimates
A total of 34 analysts believe the company’s revenue will be $3.73B this quarter.It ranges from a high estimate of $3.88B to a low estimate of $3.67B. As of the current estimate, Airbnb Inc’s year-ago sales were $nanFor the next quarter, 34 analysts are estimating revenue of $2.43B. There is a high estimate of $2.52B for the next quarter, whereas the lowest estimate is $2.31B.
A total of 39 analysts have provided revenue estimates for ABNB’s current fiscal year. The highest revenue estimate was $11.31B, while the lowest revenue estimate was $10.89B, resulting in an average revenue estimate of $11.04B. In the same quarter a year ago, actual revenue was $9.2BBased on 40 analysts’ estimates, the company’s revenue will be $12.18B in the next fiscal year. The high estimate is $12.6B and the low estimate is $11.12B.
