On May 22, 2023, Airbnb Inc. (NASDAQ: ABNB) opened at $106.26, higher 2.37% from the last session. During the day, the shares moved up to $110.73 and dropped to $106.20 before settling in for the closing price of $107.38. Price fluctuations for ABNB have ranged from $81.91 to $144.63 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 26.80%. Company’s average yearly earnings per share was noted 588.10% at the time writing. With a float of $392.44 million, this company’s outstanding shares have now reached $634.00 million.
Considering the fact that the conglomerate employs 6811 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +69.76, operating margin of +22.37, and the pretax margin is +23.68.
Airbnb Inc. (ABNB) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Travel Services industry is another important factor to consider. The insider ownership of Airbnb Inc. is 3.20%, while institutional ownership is 64.30%. The most recent insider transaction that took place on May 12, was worth 37,875,256. In this transaction Director of this company sold 350,000 shares at a rate of $108.22, taking the stock ownership to the 4,416,769 shares. Before that another transaction happened on May 12, when Company’s Chief Financial Officer sold 4,919 for $111.36, making the entire transaction worth $547,780. This insider now owns 163,694 shares in total.
Airbnb Inc. (ABNB) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $0.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.09) by $0.09. This company achieved a net margin of +22.54 while generating a return on equity of 36.63. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 588.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.80% during the next five years compared to 91.50% growth over the previous five years of trading.
Airbnb Inc. (NASDAQ: ABNB) Trading Performance Indicators
Check out the current performance indicators for Airbnb Inc. (ABNB). In the past quarter, the stock posted a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.41. Likewise, its price to free cash flow for the trailing twelve months is 19.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.00, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 4.03 in one year’s time.
Technical Analysis of Airbnb Inc. (ABNB)
Compared to the last year’s volume of 6.48 million, its volume of 7.2 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 33.72%. Additionally, its Average True Range was 4.78.
During the past 100 days, Airbnb Inc.’s (ABNB) raw stochastic average was set at 44.67%, which indicates a significant increase from 25.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.38% in the past 14 days, which was higher than the 50.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $116.27, while its 200-day Moving Average is $110.50. Nevertheless, the first resistance level for the watch stands at $111.71 in the near term. At $113.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $116.24. If the price goes on to break the first support level at $107.18, it is likely to go to the next support level at $104.42. Now, if the price goes above the second support level, the third support stands at $102.65.
Airbnb Inc. (NASDAQ: ABNB) Key Stats
There are currently 639,455K shares outstanding in the company with a market cap of 73.23 billion. Presently, the company’s annual sales total 8,399 M according to its annual income of 1,893 M. Last quarter, the company’s sales amounted to 1,818 M and its income totaled 117,000 K.
