Bumble Inc [NASDAQ: BMBL] gained 1.45% on the last trading session, reaching $7.00 price per share at the time.
If compared to the average trading volume of 3.70M shares, BMBL reached a trading volume of 2880160 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Bumble Inc [BMBL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BMBL shares is $7.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BMBL stock is a recommendation set at 2.65. 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.
KeyBanc Capital Markets have made an estimate for Bumble Inc shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on September 27, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $22 to $7.50. The new note on the price target was released on August 16, 2024, representing the official price target for Bumble Inc stock. Previously, the target price had yet another drop from $14 to $6, while Susquehanna kept a Neutral rating on BMBL stock.
The Average True Range (ATR) for Bumble Inc is set at 0.29, with the Price to Sales ratio for BMBL stock in the period of the last 12 months amounting to 0.82. The Price to Book ratio for the last quarter was 0.54, with the Price to Cash per share for the same quarter was set at 2.27. Price to Free Cash Flow for BMBL in the course of the last twelve months was 5.86 with Quick ratio for the last quarter at 2.38.
Trading performance analysis for BMBL stock
Bumble Inc [BMBL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.69. With this latest performance, BMBL shares gained by 10.94% in over the last four-week period, additionally sinking by -30.69% over the last 6 months – not to mention a drop of -50.21% 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 BMBL stock in for the last two-week period is set at 60.96, with the RSI for the last a single of trading hit 69.55, and the three-weeks RSI is set at 54.44 for Bumble Inc [BMBL]. The present Moving Average for the last 50 days of trading for this stock 6.45, while it was recorded at 6.81 for the last single week of trading, and 10.12 for the last 200 days.
Bumble Inc [BMBL]: A deeper dive into fundamental analysis
Bumble Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.38 and a Current Ratio set at 2.38.
Bumble Inc [BMBL]: An earnings per share (EPS) analysis
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 BMBL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bumble Inc go to 57.00%.
An analysis of Institutional ownership at Bumble Inc [BMBL]
There are presently around $96.55%, or 98.32%% of BMBL stock, in the hands of institutional investors. The top three institutional holders of BMBL stocks are: BLACKSTONE INC. with ownership of 30.12 million shares, which is approximately 23.3942%. BLACKROCK INC., holding 11.05 million shares of the stock with an approximate value of $$116.16 million in BMBL stocks shares; and BLACKROCK INC., currently with $$103.6 million in BMBL stock with ownership which is approximately 7.6572%.
