Bumble Inc (NASDAQ:BMBL)’s traded shares stood at 0.5 million during the latest session, with the company’s beta value hitting 1.71. At the last check today, the stock’s price was $6.54, to imply an increase of 0.93% or $0.06 in intraday trading. The BMBL share’s 52-week high remains $17.31, putting it -164.68% down since that peak but still an impressive 26.61% since price per share fell to its 52-week low of $4.80. The company has a valuation of $827.61M, with an average of 5.35 million shares in intraday trading volume over the past 10 days and average of 3.62 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Bumble Inc (BMBL), translating to a mean rating of 2.50. Of 12 analyst(s) looking at the stock, 0 analyst(s) give BMBL a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.19.

Bumble Inc (NASDAQ:BMBL) trade information

After registering a 0.93% upside in the latest session, Bumble Inc (BMBL) has traded red over the past five days. The 5-day price performance for the stock is 9.00%, and -28.68% over 30 days. With these gigs, the year-to-date price performance is -55.63%. Short interest in Bumble Inc (NASDAQ:BMBL) saw shorts transact 12.24 million shares and set a 4.2 days time to cover.

The extremes give us $5.5 and $45 for target low and target high price respectively. As such, BMBL has been trading -588.07% off suggested target high and 15.9% from its likely low.

Bumble Inc (BMBL) estimates and forecasts

Looking at statistics comparing Bumble Inc share performance against respective industry, we note that the company has outperformed competitors. Bumble Inc (BMBL) shares are -50.11% down over the last 6 months, with its year-to-date growth rate higher than industry average at 2,766.67% against 19.00%. Revenue is forecast to grow 58.30% this quarter before jumping 184.20% for the next one. The rating firms project that company’s revenue will grow 1.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 19 analysts is 271.8M. Meanwhile, for the current quarter, a total of 19 analyst(s) estimate revenue growth to 260.39M.Earnings reports from the last fiscal year show that sales brought in 276.97M and 273.64M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -1.90% before dropping -4.80% in the following quarter.

BMBL Dividends

Bumble Inc has its next earnings report out in September. 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.

Bumble Inc (NASDAQ:BMBL)’s Major holders

Bumble Inc insiders hold 1.80% of total outstanding shares, with institutional holders owning 96.52% of the shares at 98.29% float percentage. In total, 96.52% institutions holds shares in the company, led by BLACKSTONE INC. As of 2024-06-30, the company held over 30.12 million shares (or 23.3942% of shares), all amounting to roughly $316.52 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 11.05 million shares, or about 8.5852% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $116.16 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Bumble Inc (BMBL) shares. Going by data provided on Mar 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 3.02 shares. This is just over 2.38% of the total shares, with a market valuation of $19.54 million. Data from the same date shows that the other fund manager holds a little less at 2.63, or 2.08% of the shares, all valued at about 17.03 million.