In the latest session, Bumble Inc (NASDAQ: BMBL) closed at $11.23 down -14.80% from its previous closing price of $13.18. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 11640259 shares were traded.
Ratios:
For a deeper understanding of Bumble 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 4.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.19. For the most recent quarter (mrq), Quick Ratio is recorded 2.97 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.38 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 Feb-29-24, 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:
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 Dec 03 when BCP Buzz Holdings L.P. sold 4,012,101 shares for $13.88 per share. The transaction valued at 55,690,770 led to the insider holds 13,869 shares of the business.
BX Buzz ML-1 Holdco L.P. sold 4,012,101 shares of BMBL for $55,690,770 on Dec 03. The 10% Owner now owns 13,869 shares after completing the transaction at $13.88 per share. On Dec 03, another insider, Blackstone Holdings III GP Man, who serves as the 10% Owner of the company, sold 4,012,101 shares for $13.88 each. As a result, the insider received 55,690,770 and left with 13,869 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 1.54B and an Enterprise Value of 1.73B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 1.70 whereas that against EBITDA is -84.54.
Stock Price History:
The Beta on a monthly basis for BMBL is 1.75, which has changed by -46.29% over the last 52 weeks, in comparison to a change of 27.55% over the same period for the S&P500. Over the past 52 weeks, BMBL has reached a high of $24.62, while it has fallen to a 52-week low of $12.29. The 50-Day Moving Average of the stock is 14.03, while the 200-Day Moving Average is calculated to be 15.44.
Shares Statistics:
For the past three months, BMBL has traded an average of 2.34M shares per day and 2.75M over the past ten days. A total of 129.77M shares are outstanding, with a floating share count of 100.16M. Insiders hold about 26.76% of the company’s shares, while institutions hold 69.37% stake in the company. Shares short for BMBL as of Feb 15, 2024 were 9.34M with a Short Ratio of 4.00, compared to 9.11M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.83% and a Short% of Float of 15.05%.
Earnings Estimates
There are 16 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.09 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.06, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.13, with high estimates of $0.24 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.94 and $0.36 for the fiscal current year, implying an average EPS of $0.51. EPS for the following year is $0.75, with 14 analysts recommending between $1.3 and $0.47.
Revenue Estimates
A total of 19 analysts believe the company’s revenue will be $277.54M this quarter.It ranges from a high estimate of $287.8M 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 14.20% from the year-ago figure. For the next quarter, 19 analysts are estimating revenue of $292.95M, an increase of 12.80% less than the figure of $14.20% in the same quarter last year. There is a high estimate of $299.3M for the next quarter, whereas the lowest estimate is $277.1M.
A total of 22 analysts have provided revenue estimates for BMBL’s current fiscal year. The highest revenue estimate was $1.21B, while the lowest revenue estimate was $1.14B, resulting in an average revenue estimate of $1.19B. In the same quarter a year ago, actual revenue was $1.05B, up 13.30% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $1.35B in the next fiscal year. The high estimate is $1.39B and the low estimate is $1.31B. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.
