Airbnb Inc. (NASDAQ:ABNB)’s traded shares stood at 1.75 million during the last session. At the last check today, the stock’s price was $115.90, to imply an increase of 2.04% or $2.32 in intraday trading. The ABNB share’s 52-week high remains $179.09, putting it -54.52% down since that peak but still an impressive 29.33% since price per share fell to its 52-week low of $81.91. The company has a valuation of $72.64B, with an average of 5.21 million shares in intraday trading volume over the past 10 days and average of 6.26 million shares over the past 3 months.
Airbnb Inc. (NASDAQ:ABNB) trade information
After registering a 2.04% upside in the latest session, Airbnb Inc. (ABNB) has traded red over the past five days. The stock hit a weekly high of 121.44 this Wednesday, 03/15/23, jumping 2.04% in its intraday price action. The 5-day price performance for the stock is -3.29%, and -4.11% over 30 days. With these gigs, the year-to-date price performance is 35.56%. Short interest in Airbnb Inc. (NASDAQ:ABNB) saw shorts transact 19.15 million shares and set a 2.32 days time to cover.
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Airbnb Inc. (ABNB) estimates and forecasts
Looking at statistics comparing Airbnb Inc. share performance against respective industry, we note that the company has outperformed competitors. Airbnb Inc. (ABNB) shares are -8.60% down over the last 6 months, with its year-to-date growth rate higher than industry average at 21.15% against 15.30%. Revenue is forecast to grow 400.00% this quarter before jumping 48.20% for the next one. The rating firms project that company’s revenue will grow 14.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 30 analysts is $1.79 billion. Meanwhile, for the quarter ending Jun 2023, a total of 29 analyst(s) estimate revenue growth to $2.42 billion.Earnings reports from the last fiscal year show that sales brought in $1.51 billion and $2.1 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 18.90% before jumping 14.90% in the following quarter.
ABNB Dividends
Airbnb Inc. has its next earnings report out between May 01 and May 05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Airbnb Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Airbnb Inc. (NASDAQ:ABNB)’s Major holders
Airbnb Inc. insiders hold 2.70% of total outstanding shares, with institutional holders owning 66.69% of the shares at 68.54% float percentage. In total, 66.69% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Dec 30, 2022, the company held over 22.57 million shares (or 5.52% of shares), all amounting to roughly $2.64 billion.
The next major institution holding the largest number of shares is FMR, LLC with 22.45 million shares, or about 5.49% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $2.63 billion.
We also have Growth Fund Of America Inc and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Airbnb Inc. (ABNB) shares. Going by data provided on Dec 30, 2022, Growth Fund Of America Inc holds roughly 16.29 million shares. This is just over 4.09% of the total shares, with a market valuation of $1.91 billion. Data from the same date shows that the other fund manager holds a little less at 10.71 million, or 2.69% of the shares, all valued at about 1.25 billion.