Airbnb Inc. (NASDAQ:ABNB) traded at $100.72 at last check on Tuesday, 01/24/23, made a downward move of -3.28% on its previous day’s price.
Looking at the stock we see that its previous close was $104.13 with the day’s price range being $103.82 – $106.3899. The company has a trailing 12-month PE ratio of 43.44. In terms of its 52-week price range, ABNB has a high of $191.73 and a low of $81.91. The company’s stock has gained about 19.59% over that past 30 days.
Airbnb Inc. has a market cap of $64.51 billion and is expected to release its quarterly earnings report on Feb 13, 2023 – Feb 17, 2023. Estimates by analysts give the company expected earnings per share (EPS) of $1.46, with the EPS growth for the year raised at $2.23 for 2022 and $2.58 for next year. These figures represent 491.20% and 15.70% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.84 billion, with a low of $2.73 billion and a high of $2.98 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $8.28 billion, or 38.20% up from figures reported last year.
There have been 3 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the ABNB stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 41 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 19 have rated the Airbnb Inc. (ABNB) stock as a Hold, while 15 rate it as a Buy. 4 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 3 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the ABNB stock currently stands at 2.16, and the most recent price level today is 8.59% off its SMA20 and 6.19% from its 50-day simple moving average. The RSI (14) is pointing at 58.90 while the volatility over the past week is 3.25% and jumps to 3.62% over the past one month. The average price target for the stock over the next 12 months is $123.13, with the estimates having a low of $80.00 and a high of $158.00. These price ends are 20.57% and -56.87% off the today’s price level respectively, although investors could be excited at the prospect of a -21.62% if the ABNB share price touches on the median price of $122.50.
Coming back to Airbnb Inc. (NASDAQ:ABNB), we note that the average 3-month trading volume was 6.20 million, while that of the preceding 10-day period stands at 5.57 million. Current shares outstanding are 638.70 million.
The insiders hold 3.20% of the company’s shares while institutions hold 64.30%. The data shows that short shares as of Oct 13, 2022, stood at 18.26 million at a short ratio of 3.23. This represents a 2.85% short interest in shares outstanding on Oct 13, 2022. Shares short fall in October from the previous month at 18.3 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 21.79% up in year-to-date price movement.