Do Bumble Inc (NASDAQ: BMBL) Fit In A Value Investing Philosophy?

Currently, there are 130.69M common shares owned by the public and among those 91.62M shares have been available to trade.

The company’s stock has a 5-day price change of 12.10% and -47.64% over the past three months. BMBL shares are trading -56.31% year to date (YTD), with the 12-month market performance down to -61.20% lower. It has a 12-month low price of $4.80 and touched a high of $17.31 over the same period. BMBL has an average intraday trading volume of 3.53 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -17.16%, -29.54%, and -45.27% respectively.

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Institutional ownership of Bumble Inc (NASDAQ: BMBL) shares accounts for 70.63% of the company’s 130.69M shares outstanding.

It has a market capitalization of $814.92M and a beta (3y monthly) value of 1.72. The stock’s trailing 12-month PE ratio is 22.03, while the earnings-per-share (ttm) stands at $0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.40% over the week and 6.30% over the month.

Earnings per share for the fiscal year are expected to increase by 2651.39%, and -0.63% over the next financial year.

Looking at the support for the BMBL, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on August 16, 2024, with the firm’s price target at $22-$7.50. Susquehanna coverage for the Bumble Inc (BMBL) stock in a research note released on August 09, 2024 offered a Neutral rating with a price target of $6. HSBC Securities was of a view on August 09, 2024 that the stock is Hold, while Stifel gave the stock Hold rating on August 08, 2024, issuing a price target of $13- $6.50. JP Morgan on their part issued Neutral rating on August 08, 2024.

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