In last trading session, Bumble Inc (NASDAQ:BMBL) saw 1.83 million shares changing hands with its beta currently measuring 1.70. Company’s recent per share price level of $8.32 trading at $0.3 or 3.74% at ring of the bell on the day assigns it a market valuation of $900.07M. That closing price of BMBL’s stock is at a discount of -74.04% from its 52-week high price of $14.48 and is indicating a premium of 42.31% from its 52-week low price of $4.80. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.25 million shares which gives us an average trading volume of 2.28 million if we extend that period to 3-months.
For Bumble Inc (BMBL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.74. Splitting up the data highlights that, out of 12 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.31 in the current quarter.
Bumble Inc (NASDAQ:BMBL) trade information
Upright in the green during last session for gaining 3.74%, in the last five days BMBL remained trading in the green while hitting it’s week-highest on Wednesday, 01/29/25 when the stock touched $8.32 price level, adding 0.24% to its value on the day. Bumble Inc’s shares saw a change of 2.21% in year-to-date performance and have moved 13.51% in past 5-day. Bumble Inc (NASDAQ:BMBL) showed a performance of 2.97% in past 30-days. Number of shares sold short was 9.64 million shares which calculate 5.26 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a fall of -18.86% to its current value. Analysts have been projecting 5.5 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 33.89% in reaching the projected high whereas dropping to the targeted low would mean a gain of 33.89% for stock’s current value.
Bumble Inc (BMBL) estimates and forecasts
Statistics highlight that Bumble Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -8.97% of value to its shares in past 6 months, showing an annual growth rate of -14,666.67% while that of industry is 25.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 1.74% from the last financial year’s standing.
18 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 260.18M for the same. And 14 analysts are in estimates of company making revenue of 256.61M in the next quarter. Company posted 273.64M and 267.77M of sales in current and next quarters respectively a year earlier.
Bumble Inc (NASDAQ:BMBL)’s Major holders
Insiders are in possession of 2.09% of company’s total shares while institution are holding 104.65 percent of that, with stock having share float percentage of 106.88%. Investors also watch the number of corporate investors in a company very closely, which is 104.65% institutions for Bumble Inc that are currently holding shares of the company. BLACKSTONE INC. is the top institutional holder at BMBL for having 30.12 million shares of worth $316.52 million. And as of 2024-06-30, it was holding 23.3942 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 11.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.5852 of outstanding shares, having a total worth of $116.16 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 2.99 shares of worth $24.89 million or 2.76% of the total outstanding shares. The later fund manager was in possession of 2.71 shares on Nov 30, 2024 , making its stake of worth around $22.52 million in the company or a holder of 2.50% of company’s stock.
