Airbnb Inc (NASDAQ: ABNB) kicked off on Friday, down -2.16% from the previous trading day, before settling in for the closing price of $118.88. Over the past 52 weeks, ABNB has traded in a range of $110.38-$170.10.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 27.50%. While this was happening, its average annual earnings per share was recorded -42.39%. With a float of $422.91 million, this company’s outstanding shares have now reached $438.00 million.
Let’s determine the extent of company efficiency that accounts for 6907 employees. In terms of profitability, gross margin is 76.66%, operating margin of 15.21%, and the pretax margin is 21.61%.
Airbnb Inc (ABNB) Insider Activity
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 33.21%, while institutional ownership is 51.89%. The most recent insider transaction that took place on Aug 13 ’24, was worth 68,634. In this transaction Chief Technology Officer of this company sold 600 shares at a rate of $114.39, taking the stock ownership to the 205,174 shares. Before that another transaction happened on Aug 13 ’24, when Company’s Officer proposed sale 600 for $114.39, making the entire transaction worth $68,634.
Airbnb Inc (ABNB) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 6.63 earnings per share (EPS), higher than consensus estimate (set at 2.1) by 4.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -42.39% 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 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.01. Likewise, its price to free cash flow for the trailing twelve months is 17.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.34, a number that is poised to hit 2.16 in the next quarter and is forecasted to reach 4.66 in one year’s time.
Technical Analysis of Airbnb Inc (ABNB)
Looking closely at Airbnb Inc (NASDAQ: ABNB), its last 5-days average volume was 4.4 million, which is a drop from its year-to-date volume of 4.6 million. As of the previous 9 days, the stock’s Stochastic%D was 32.10%. Additionally, its Average True Range was 4.52.
During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 9.95%, which indicates a significant decrease from 19.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.38% in the past 14 days, which was higher than the 35.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $141.30, while its 200-day Moving Average is $145.37. However, in the short run, Airbnb Inc’s stock first resistance to watch stands at $118.00. Second resistance stands at $119.69. The third major resistance level sits at $120.58. If the price goes on to break the first support level at $115.42, it is likely to go to the next support level at $114.53. Should the price break the second support level, the third support level stands at $112.84.
Airbnb Inc (NASDAQ: ABNB) Key Stats
The company with the Market Capitalisation of 73.68 billion has total of 644,044K Shares Outstanding. Its annual sales at the moment are 9,917 M in contrast with the sum of 4,792 M annual income. Company’s last quarter sales were recorded 2,748 M and last quarter income was 555,000 K.
