Airbnb Inc (NASDAQ: ABNB) kicked off on November 20, 2023, at the price of $127.40, up 2.01% from the previous trading day. During the day, the shares moved up to $130.95 and dropped to $127.01 before settling in for the closing price of $127.15. Over the past 52 weeks, ABNB has traded in a range of $81.91-$154.95.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 32.40%. While this was happening, its average annual earnings per share was recorded 182.30%. With a float of $411.52 million, this company’s outstanding shares have now reached $640.05 million.
The extent of productivity of a business whose workforce counts for 6811 workers is very important to gauge. In terms of profitability, gross margin is +69.76, operating margin of +22.37, and the pretax margin is +23.68.
Airbnb Inc (ABNB) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Travel Services Industry. The insider ownership of Airbnb Inc is 35.71%, while institutional ownership is 51.96%. The most recent insider transaction that took place on Nov 15, was worth 260,000. In this transaction Director of this company sold 2,000 shares at a rate of $130.00, taking the stock ownership to the 191,646 shares. Before that another transaction happened on Nov 14, when Company’s Director sold 499,999 for $125.35, making the entire transaction worth $62,674,829. This insider now owns 500,022 shares in total.
Airbnb Inc (ABNB) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $6.63 earnings per share (EPS), higher than consensus estimate (set at $2.1) by $4.53. 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 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 182.30% per share during the next fiscal year.
Airbnb Inc (NASDAQ: ABNB) Trading Performance Indicators
Take a look at Airbnb Inc’s (ABNB) current performance indicators. Last quarter, stock had a quick ratio of 1.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.65. Likewise, its price to free cash flow for the trailing twelve months is 19.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.26, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 4.34 in one year’s time.
Technical Analysis of Airbnb Inc (ABNB)
The latest stats from [Airbnb Inc, ABNB] show that its last 5-days average volume of 5.58 million was inferior to 6.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.59%. Additionally, its Average True Range was 4.60.
During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 39.47%, which indicates a significant decrease from 89.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.39% in the past 14 days, which was higher than the 36.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $127.28, while its 200-day Moving Average is $125.59. Now, the first resistance to watch is $131.43. This is followed by the second major resistance level at $133.16. The third major resistance level sits at $135.37. If the price goes on to break the first support level at $127.49, it is likely to go to the next support level at $125.28. Assuming the price breaks the second support level, the third support level stands at $123.55.
Airbnb Inc (NASDAQ: ABNB) Key Stats
The company with the Market Capitalisation of 83.01 billion has total of 648,438K Shares Outstanding. Its annual sales at the moment are 8,399 M in contrast with the sum of 1,893 M annual income. Company’s last quarter sales were recorded 3,397 M and last quarter income was 4,374 M.