Airbnb Inc (NASDAQ: ABNB) is 11.11% higher on its value in year-to-date trading and has touched a low of $113.24 and a high of $170.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ABNB stock was last observed hovering at around $147.22 in the last trading session, with the day’s gains setting it 4.04%.
Currently trading at $151.26, the stock is 0.83% and 1.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.08 million and changing 2.74% at the moment leaves the stock 4.68% off its SMA200. ABNB registered 5.53% gain for a year compared to 6-month gain of 10.30%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 3.53% loss in the last 1 month and extending the period to 3 months gives it a -2.79%, and is -0.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.78% over the week and 2.03% over the month.
Airbnb Inc (ABNB) has around 6907 employees, a market worth around $96.03B and $10.24B in sales. Current P/E ratio is 20.26 and Fwd P/E is 29.56. Profit margin for the company is 48.23%. Distance from 52-week low is 33.58% and -11.08% from its 52-week high. The company has generated returns on investments over the last 12 months (48.78%).
with sales reaching $2.73B over the same period.The EPS is expected to shrink by -37.50% this year, but quarterly earnings will post 21.50% year-over-year. Quarterly sales are estimated to grow 12.80% in year-over-year returns.
Airbnb Inc (ABNB) Top Institutional Holders
The shares outstanding are 438.00M, and float is at 419.36M with Short Float at 2.95%.
Airbnb Inc (ABNB) Insider Activity
The most recent transaction is an insider sale by BALOGH ARISTOTLE N,the company’sChief Technology Officer. SEC filings show that BALOGH ARISTOTLE N sold 600 shares of the company’s common stock on Jul 09 ’24 at a price of $152.92 per share for a total of $91752.0. Following the sale, the insider now owns 0.21 million shares.
Airbnb Inc disclosed in a document filed with the SEC on Jul 08 ’24 that Chesky Brian (CEO and Chairman) sold a total of 115,385 shares of the company’s common stock. The trade occurred on Jul 08 ’24 and was made at $151.95 per share for $17.53 million. Following the transaction, the insider now directly holds 13.91 million shares of the ABNB stock.
Still, SEC filings show that on Jul 02 ’24, BALOGH ARISTOTLE N (Chief Technology Officer) disposed off 600 shares at an average price of $151.29 for $90774.0. The insider now directly holds 208,774 shares of Airbnb Inc (ABNB).
