Airbnb Inc. [ABNB] is -33.10% lower this YTD. Is it still time to buy?

Airbnb Inc. [NASDAQ: ABNB] closed the trading session at $111.39 on 08/22/22. The day’s price range saw the stock hit a low of $109.97, while the highest price level was $114.228. The company report on August 2, 2022 that Airbnb Announces Second Quarter 2022 Results.


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Airbnb, Inc. (NASDAQ: ABNB) has posted a shareholder letter containing its second quarter 2022 financial results on its Investor Relations website at https://investors.airbnb.com.

Airbnb will host an audio webcast to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET today. The link to the webcast will be made available on the Investor Relations website at https://investors.airbnb.com.

The stocks have a year to date performance of -33.10 percent and weekly performance of -11.62 percent. The stock has been moved at -36.31 percent over the last six months. The stock has performed 7.14 percent around the most recent 30 days and changed -1.03 percent over the most recent 3-months.

If compared to the average trading volume of 7.07M shares, ABNB reached to a volume of 6032208 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Airbnb Inc. [ABNB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ABNB shares is $141.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ABNB stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Argus have made an estimate for Airbnb Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 26, 2022. The new note on the price target was released on June 22, 2022, representing the official price target for Airbnb Inc. stock. Previously, the target price had yet another drop from $130 to $110, while Wolfe Research kept a Peer Perform rating on ABNB stock. On April 20, 2022, analysts decreased their price target for ABNB shares from 214 to 200.

The Average True Range (ATR) for Airbnb Inc. is set at 4.94, with the Price to Sales ratio for ABNB stock in the period of the last 12 months amounting to 10.20. The Price to Book ratio for the last quarter was 13.55, with the Price to Cash per share for the same quarter was set at 14.64. Price to Free Cash Flow for ABNB in the course of the last twelve months was 27.13 with Quick ratio for the last quarter at 1.60.

ABNB stock trade performance evaluation

Airbnb Inc. [ABNB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.62. With this latest performance, ABNB shares gained by 7.14% in over the last four-week period, additionally sinking by -36.31% over the last 6 months – not to mention a drop of -22.48% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ABNB stock in for the last two-week period is set at 46.49, with the RSI for the last a single of trading hit 39.07, and the three-weeks RSI is set at 48.57 for Airbnb Inc. [ABNB]. The present Moving Average for the last 50 days of trading for this stock 105.58, while it was recorded at 118.69 for the last single week of trading, and 145.13 for the last 200 days.

Airbnb Inc. [ABNB]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Airbnb Inc. [ABNB] shares currently have an operating margin of +9.24 and a Gross Margin at +80.71. Airbnb Inc.’s Net Margin is presently recorded at -5.88.

Return on Equity for this stock declined to -9.17, with Return on Assets sitting at -2.91.

Airbnb Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.60.

Earnings per share (EPS) analysis for Airbnb Inc. [ABNB] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ABNB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Airbnb Inc. go to 45.95%.

Airbnb Inc. [ABNB]: Insider Ownership positions

There are presently around $28,604 million, or 65.50% of ABNB stock, in the hands of institutional investors. The top three institutional holders of ABNB stocks are: VANGUARD GROUP INC with ownership of 20,197,964, which is approximately 13.459% of the company’s market cap and around 3.30% of the total institutional ownership; FMR LLC, holding 19,058,455 shares of the stock with an approximate value of $2.12 billion in ABNB stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $1.86 billion in ABNB stock with ownership of nearly 20.482% of the company’s market capitalization.

Positions in Airbnb Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 542 institutional holders increased their position in Airbnb Inc. [NASDAQ:ABNB] by around 47,968,976 shares. Additionally, 518 investors decreased positions by around 28,775,390 shares, while 134 investors held positions by with 180,042,776 shares. The mentioned changes placed institutional holdings at 256,787,142 shares, according to the latest SEC report filing. ABNB stock had 129 new institutional investments in for a total of 5,024,189 shares, while 223 institutional investors sold positions of 10,607,790 shares during the same period.

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