Airbnb Inc (NASDAQ: ABNB) is -13.78% lower on its value in year-to-date trading and has touched a low of $110.38 and a high of $170.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ABNB stock was last observed hovering at around $119.14 in the last trading session, with the day’s loss setting it -1.76%.
Currently trading at $117.38, the stock is -8.11% and -16.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.93 million and changing -1.48% at the moment leaves the stock -19.26% off its SMA200. ABNB registered -6.14% loss for a year compared to 6-month gain of -20.77%.
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The stock witnessed a -21.84% loss in the last 1 month and extending the period to 3 months gives it a -19.81%, and is 0.41% up 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 2.21% over the week and 2.79% over the month.
Airbnb Inc (ABNB) has around 6907 employees, a market worth around $74.36B and $10.51B in sales. Current P/E ratio is 15.98 and Fwd P/E is 25.17. Profit margin for the company is 46.11%. Distance from 52-week low is 6.34% and -30.99% from its 52-week high. The company has generated returns on investments over the last 12 months (47.41%).
with sales reaching $3.72B over the same period.The EPS is expected to shrink by -42.39% this year, but quarterly earnings will post 19.70% year-over-year.
Airbnb Inc (ABNB) Top Institutional Holders
1651.0 institutions hold shares in Airbnb Inc (ABNB), with institutional investors hold 78.33% of the company’s shares. The shares outstanding are 438.00M, and float is at 422.91M with Short Float at 2.61%. Institutions hold 77.48% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 34.32 million shares valued at $5.66 billion. The investor’s holdings represent 5.3885 of the ABNB Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 27.13 million shares valued at $4.47 billion to account for 4.2586 of the shares outstanding. The other top investors are FMR LLC which holds 26.02 million shares representing 4.0846 and valued at over $4.29 billion, while CAPITAL WORLD INVESTORS holds 2.8441 of the shares totaling 18.12 million with a market value of $2.99 billion.
Airbnb Inc (ABNB) Insider Activity
Airbnb Inc disclosed in a document filed with the SEC on Aug 13 ’24 that BALOGH ARISTOTLE N (Chief Technology Officer) sold a total of 600 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $114.39 per share for $68634.0. Following the transaction, the insider now directly holds 0.21 million shares of the ABNB stock.
Still, SEC filings show that on Aug 13 ’24, BALOGH ARISTOTLE N (Officer) Proposed Sale 600 shares at an average price of $114.39 for $68634.0. The insider now directly holds shares of Airbnb Inc (ABNB).
