Airbnb Inc (ABNB) kicked off at the price of $136.46: Venture capitalists have an exciting new opportunity

On Friday, Airbnb Inc (NASDAQ: ABNB) was 1.24% up from the session before settling in for the closing price of $134.79. A 52-week range for ABNB has been $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%. 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) Breakdown of a Key Holders of the stock

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 51.65%. The most recent insider transaction that took place on Oct 29 ’24, was worth 81,198. In this transaction Chief Technology Officer of this company sold 600 shares at a rate of $135.33, taking the stock ownership to the 192,244 shares. Before that another transaction happened on Oct 29 ’24, when Company’s Director sold 11,635 for $137.20, making the entire transaction worth $1,596,319. This insider now owns 16,472 shares in total.

Airbnb Inc (ABNB) Recent Fiscal highlights

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 8.44. Likewise, its price to free cash flow for the trailing twelve months is 20.58.

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 3.58 million, which is a drop from its year-to-date volume of 4.39 million. As of the previous 9 days, the stock’s Stochastic %D was 62.88%. Additionally, its Average True Range was 3.00.

During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 57.60%, which indicates a significant decrease from 70.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.90% in the past 14 days, which was lower than the 35.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $126.85, while its 200-day Moving Average is $143.60. However, in the short run, Airbnb Inc’s stock first resistance to watch stands at $137.62. Second resistance stands at $138.79. The third major resistance level sits at $140.70. If the price goes on to break the first support level at $134.55, it is likely to go to the next support level at $132.64. Now, if the price goes above the second support level, the third support stands at $131.48.

Airbnb Inc (NASDAQ: ABNB) Key Stats

There are 641,623K outstanding shares of the company, which has a market capitalization of 88.64 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.