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The price of Airbnb Inc (NASDAQ: ABNB) closed at $140.29 in the last session, up 0.14% from day before closing price of $140.10. In other words, the price has increased by $0.14 from its previous closing price. On the day, 2.72 million shares were traded. ABNB stock price reached its highest trading level at $142.4299 during the session, while it also had its lowest trading level at $140.0.
Ratios:
We take a closer look at ABNB’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.29 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 23 ’24 when BALOGH ARISTOTLE N sold 600 shares for $150.25 per share. The transaction valued at 90,150 led to the insider holds 206,974 shares of the business.
Chesky Brian sold 115,385 shares of ABNB for $17,204,888 on Jul 22 ’24. The CEO and Chairman now owns 13,798,917 shares after completing the transaction at $149.11 per share. On Jul 22 ’24, another insider, BALOGH ARISTOTLE N, who serves as the Chief Technology Officer of the company, sold 80,000 shares for $149.11 each. As a result, the insider received 11,929,174 and left with 207,574 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 89062268928 and an Enterprise Value of 80259235840. As of this moment, Airbnb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.79, and their Forward P/E ratio for the next fiscal year is 27.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.70 while its Price-to-Book (P/B) ratio in mrq is 11.30. Its current Enterprise Value per Revenue stands at 7.837 whereas that against EBITDA is 48.407.
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 $113.24. The 50-Day Moving Average of the stock is -4.99%, while the 200-Day Moving Average is calculated to be -3.38%.
Shares Statistics:
According to the various share statistics, ABNB traded on average about 4.12M shares per day over the past 3-months and 3930710 shares per day over the past 10 days. A total of 438.00M shares are outstanding, with a floating share count of 419.47M. Insiders hold about 33.92% of the company’s shares, while institutions hold 53.39% stake in the company. Shares short for ABNB as of 1721001600 were 11134233 with a Short Ratio of 2.70, 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
Airbnb Inc (ABNB) is currently under the scrutiny of 27.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.91 for the current quarter, with a high estimate of $1.11 and a low estimate of $0.78, while EPS last year was $0.98. The consensus estimate for the next quarter is $2.44, with high estimates of $3.01 and low estimates of $2.09.
Analysts are recommending an EPS of between $5.47 and $3.95 for the fiscal current year, implying an average EPS of $4.55. EPS for the following year is $5.16, with 32.0 analysts recommending between $6.89 and $4.31.
Revenue Estimates
According to 33 analysts, the current quarter’s revenue is expected to be $2.74B. It ranges from a high estimate of $2.8B to a low estimate of $2.71B. As of the current estimate, Airbnb Inc’s year-ago sales were $2.42BFor the next quarter, 33 analysts are estimating revenue of $3.83B. There is a high estimate of $4.03B for the next quarter, whereas the lowest estimate is $3.73B.
A total of 39 analysts have provided revenue estimates for ABNB’s current fiscal year. The highest revenue estimate was $11.4B, while the lowest revenue estimate was $10.95B, resulting in an average revenue estimate of $11.19B. In the same quarter a year ago, actual revenue was $9.2BBased on 39 analysts’ estimates, the company’s revenue will be $12.49B in the next fiscal year. The high estimate is $13.03B and the low estimate is $11.72B.
