As of close of business last night, Bumble Inc’s stock clocked out at $10.79, down -1.82% from its previous closing price of $10.99. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 2462410 shares were traded.
Ratios:
To gain a deeper understanding of BMBL’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 3.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.35. 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:
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 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 1.40B and an Enterprise Value of 1.67B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.59 whereas that against EBITDA is 13.80.
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 $10.36. The 50-Day Moving Average of the stock is 12.74, while the 200-Day Moving Average is calculated to be 14.96.
Shares Statistics:
It appears that BMBL traded 2.87M shares on average per day over the past three months and 3.46M shares per day over the past ten days. A total of 130.69M shares are outstanding, with a floating share count of 94.17M. Insiders hold about 27.24% of the company’s shares, while institutions hold 73.32% stake in the company. Shares short for BMBL as of Feb 29, 2024 were 10.9M with a Short Ratio of 3.80, compared to 9.04M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.42% and a Short% of Float of 19.91%.
Earnings Estimates
As of right now, 18 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.2 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 $0.21 and low estimates of $0.05.
Analysts are recommending an EPS of between $1.3 and $0.45 for the fiscal current year, implying an average EPS of $0.64. EPS for the following year is $0.93, with 19 analysts recommending between $1.47 and $0.6.
Revenue Estimates
In the current quarter, 20 analysts expect revenue to total $265.47M. It ranges from a high estimate of $268M 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 9.30% from the year-ago figure. For the next quarter, 20 analysts are estimating revenue of $278.76M, an increase of 7.30% less than the figure of $9.30% in the same quarter last year. There is a high estimate of $283.71M 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 $1.16B, 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 9.40% 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 $1.32B and the low estimate is $1.24B. The average revenue growth estimate for next year is up 10.90% from the average revenue estimate for this year.
