Airbnb Inc (ABNB) concluded trading on Wednesday at a closing price of $147.55, with 4.12 million shares of worth about $607.34 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.73% during that period and on Wednesday February 7 the price saw a gain of about 2.09%. Currently the company’s common shares owned by public are about 640.05M shares, out of which, 414.31M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 278 times over the past 12 months. They bought 5,135,554 shares in 32 of the transactions. In 246 selling transactions, insiders dumped 15,177,012 shares.
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However, the stock later moved at a day high price of 148.77, or with a gain of 2.09%. Stock saw a price change of 2.37% in past 5 days and over the past one month there was a price change of 5.33%. Year-to-date (YTD), ABNB shares are showing a performance of 8.38% which increased to 24.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $103.55 but also hit the highest price of $154.95 during that period. The average intraday trading volume for Airbnb Inc shares is 4.74 million. The stock is currently trading 3.59% above its 20-day simple moving average (SMA20), while that difference is up 5.83% for SMA50 and it goes to 13.09% higher than SMA200.
Airbnb Inc (NASDAQ: ABNB) currently have 640.05M outstanding shares and institutions hold larger chunk of about 51.86% of that.
The stock has a current market capitalization of $94.44B and its 3Y-monthly beta is at 1.23. PE ratio of stock for trailing 12 months is 17.87, while it has posted earnings per share of $8.26 in the same period. Its PEG reads 0.84 and has Quick Ratio of 1.78 while making debt-to-equity ratio of 0.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ABNB, volatility over the week remained 2.92% while standing at 2.81% over the month.
Analysts are in expectations that Airbnb Inc (ABNB) stock would likely to be making an EPS of $0.58 in the current quarter, while forecast for next quarter EPS is $0.2 and it is $4.1 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.11 which is $0.72 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.48 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 194.27% while it is estimated to decrease by -47.00% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on January 09, 2024 offering a Market perform rating for the stock and assigned a target price of $134 to it.
