On Friday, Airbnb Inc (NASDAQ: ABNB) was 0.61% up from the session before settling in for the closing price of $116.60. A 52-week range for ABNB has been $110.38 – $170.10.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 27.50%. When this article was written, the company’s average yearly earnings per share was at -42.36%. With a float of $423.33 million, this company’s outstanding shares have now reached $438.00 million.
The extent of productivity of a business whose workforce counts for 6907 workers is very important to gauge. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Airbnb Inc stocks. 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 27 ’24, was worth 69,180. In this transaction Chief Technology Officer of this company sold 600 shares at a rate of $115.30, taking the stock ownership to the 197,644 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Officer proposed sale 9,603 for $118.17, making the entire transaction worth $1,134,787.
Airbnb Inc (ABNB) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -42.36% per share during the next fiscal year.
Airbnb Inc (NASDAQ: ABNB) Trading Performance Indicators
You can see what Airbnb Inc (ABNB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.07. Likewise, its price to free cash flow for the trailing twelve months is 17.84.
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 4.65 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 3.7 million was inferior to 4.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 47.31%. Additionally, its Average True Range was 3.40.
During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 12.29%, which indicates a significant decrease from 61.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.65% in the past 14 days, which was lower than the 36.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $135.20, while its 200-day Moving Average is $145.29. Now, the first resistance to watch is $118.14. This is followed by the second major resistance level at $118.98. The third major resistance level sits at $119.90. If the price goes on to break the first support level at $116.38, it is likely to go to the next support level at $115.46. Assuming the price breaks the second support level, the third support level stands at $114.62.
Airbnb Inc (NASDAQ: ABNB) Key Stats
There are 644,044K outstanding shares of the company, which has a market capitalization of 74.32 billion. As of now, sales total 9,917 M while income totals 4,792 M. Its latest quarter income was 2,748 M while its last quarter net income were 555,000 K.
