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After finishing at $148.75 in the prior trading day, Airbnb Inc (NASDAQ: ABNB) closed at $144.23, down -3.04%. In other words, the price has decreased by -$3.04 from its previous closing price. On the day, 5.44 million shares were traded. ABNB stock price reached its highest trading level at $147.11 during the session, while it also had its lowest trading level at $142.98.
Ratios:
Our goal is to gain a better understanding of ABNB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.86. 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:
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 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 91563548672 and an Enterprise Value of 82760523776. As of this moment, Airbnb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.32, and their Forward P/E ratio for the next fiscal year is 28.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.94 while its Price-to-Book (P/B) ratio in mrq is 11.62. Its current Enterprise Value per Revenue stands at 8.081 whereas that against EBITDA is 49.916.
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 -2.56%, while the 200-Day Moving Average is calculated to be -0.51%.
Shares Statistics:
The stock has traded on average 4.00M shares per day over the past 3-months and 3861570 shares per day over the last 10 days, according to various share statistics. A total of 438.00M shares are outstanding, with a floating share count of 419.36M. Insiders hold about 33.94% of the company’s shares, while institutions hold 53.37% stake in the company. Shares short for ABNB as of 1719532800 were 12354991 with a Short Ratio of 3.09, compared to 1717113600 on 12827471. Therefore, it implies a Short% of Shares Outstanding of 12354991 and a Short% of Float of 2.8299998.
