On Friday, Airbnb Inc (NASDAQ: ABNB) was 1.38% up from the session before settling in for the closing price of $132.75. A 52-week range for ABNB has been $110.38 – $170.10.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 27.50%. When this article was written, the company’s average yearly earnings per share was at -43.23%. With a float of $422.50 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Airbnb Inc stocks. The insider ownership of Airbnb Inc is 33.19%, while institutional ownership is 51.59%. The most recent insider transaction that took place on Oct 22 ’24, was worth 81,666. In this transaction Chief Technology Officer of this company sold 600 shares at a rate of $136.11, taking the stock ownership to the 192,844 shares. Before that another transaction happened on Oct 22 ’24, when Company’s Officer proposed sale 600 for $136.11, making the entire transaction worth $81,666.
Airbnb Inc (ABNB) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 6.63 earnings per share (EPS) during the time that was better than consensus figure (set at 2.1) by 4.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -43.23% 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 8.10. Likewise, its price to free cash flow for the trailing twelve months is 19.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.34, a number that is poised to hit 2.14 in the next quarter and is forecasted to reach 4.59 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 2.8 million, which is a drop from its year-to-date volume of 4.41 million. As of the previous 9 days, the stock’s Stochastic %D was 26.98%. Additionally, its Average True Range was 2.98.
During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 53.45%, which indicates a significant decrease from 56.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.37% in the past 14 days, which was lower than the 35.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $124.95, while its 200-day Moving Average is $143.62. However, in the short run, Airbnb Inc’s stock first resistance to watch stands at $135.52. Second resistance stands at $136.45. The third major resistance level sits at $137.63. If the price goes on to break the first support level at $133.41, it is likely to go to the next support level at $132.23. Should the price break the second support level, the third support level stands at $131.30.
Airbnb Inc (NASDAQ: ABNB) Key Stats
There are 644,044K outstanding shares of the company, which has a market capitalization of 85.11 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.
