A new trading day began on Tuesday, with Airbnb Inc (NASDAQ: ABNB) stock price down -0.89% from the previous day of trading, before settling in for the closing price of $140.93. ABNB’s price has ranged from $110.38 to $170.10 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 27.50% over the last five years. Meanwhile, its annual earnings per share averaged -44.86%. With a float of $415.61 million, this company’s outstanding shares have now reached $438.00 million.
The firm has a total of 6907 workers. Let’s measure their productivity. In terms of profitability, gross margin is 77.32%, operating margin of 15.01%, and the pretax margin is 21.46%.
Airbnb Inc (ABNB) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Travel Services Industry. The insider ownership of Airbnb Inc is 33.48%, while institutional ownership is 53.23%. The most recent insider transaction that took place on Nov 25 ’24, was worth 16,059,080. Before that another transaction happened on Nov 20 ’24, when Company’s Chief Strategy Officer sold 9,603 for $130.22, making the entire transaction worth $1,250,503. This insider now owns 164,850 shares in total.
Airbnb Inc (ABNB) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.55 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -44.86% per share during the next fiscal year.
Airbnb Inc (NASDAQ: ABNB) Trading Performance Indicators
Here are Airbnb Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.17. Likewise, its price to free cash flow for the trailing twelve months is 21.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.85, a number that is poised to hit 0.60 in the next quarter and is forecasted to reach 4.45 in one year’s time.
Technical Analysis of Airbnb Inc (ABNB)
Analysing the last 5-days average volume posted by the [Airbnb Inc, ABNB], we can find that recorded value of 5.41 million was better than the volume posted last year of 4.54 million. As of the previous 9 days, the stock’s Stochastic %D was 83.49%. Additionally, its Average True Range was 4.00.
During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 64.69%, which indicates a significant increase from 52.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.53% in the past 14 days, which was higher than the 39.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $133.54, while its 200-day Moving Average is $142.77. Now, the first resistance to watch is $141.22. This is followed by the second major resistance level at $142.77. The third major resistance level sits at $143.79. If the price goes on to break the first support level at $138.65, it is likely to go to the next support level at $137.63. Should the price break the second support level, the third support level stands at $136.08.
Airbnb Inc (NASDAQ: ABNB) Key Stats
With a market capitalization of 88.55 billion, the company has a total of 633,972K Shares Outstanding. Currently, annual sales are 9,917 M while annual income is 4,792 M. The company’s previous quarter sales were 3,732 M while its latest quarter income was 1,368 M.
