Airbnb Inc (NASDAQ: ABNB) kicked off on Friday, up 1.21% from the previous trading day, before settling in for the closing price of $115.45. Over the past 52 weeks, ABNB has traded in a range of $110.38-$170.10.
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A company in the Consumer Cyclical sector has jumped its sales by 27.50% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -42.39%. With a float of $423.33 million, this company’s outstanding shares have now reached $438.00 million.
In an organization with 6907 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 33.18%, while institutional ownership is 51.77%. The most recent insider transaction that took place on Aug 20 ’24, was worth 71,364. In this transaction Chief Technology Officer of this company sold 600 shares at a rate of $118.94, taking the stock ownership to the 198,244 shares. Before that another transaction happened on Aug 20 ’24, when Company’s Officer proposed sale 600 for $118.94, making the entire transaction worth $71,364.
Airbnb Inc (ABNB) Latest Financial update
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 7.05. Likewise, its price to free cash flow for the trailing twelve months is 17.77.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 4.61 million. That was better than the volume of 4.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.10%. Additionally, its Average True Range was 3.93.
During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 11.48%, which indicates a significant decrease from 30.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.60% in the past 14 days, which was higher than the 36.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $138.26, while its 200-day Moving Average is $145.33. However, in the short run, Airbnb Inc’s stock first resistance to watch stands at $118.24. Second resistance stands at $119.64. The third major resistance level sits at $120.57. If the price goes on to break the first support level at $115.91, it is likely to go to the next support level at $114.98. The third support level lies at $113.58 if the price breaches the second support level.
Airbnb Inc (NASDAQ: ABNB) Key Stats
The company with the Market Capitalisation of 74.02 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.
