One of the losers of today's trading session was Airbnb. Shares of the Lodging company plunged -3.5%, and some investors may be wondering if its price of $160.64 would make a good entry point. Here's what you should know if you are considering this investment:
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Airbnb has moved 35.7% over the last year, and the S&P 500 logged a change of 29.5%
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ABNB has an average analyst rating of hold and is 11.07% away from its mean target price of $144.63 per share
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Its trailing earnings per share (EPS) is $7.24
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Airbnb has a trailing 12 month Price to Earnings (P/E) ratio of 22.2 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $4.96 and its forward P/E ratio is 32.4
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The company has a Price to Book (P/B) ratio of 11.96 in contrast to the S&P 500's average ratio of 2.95
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Airbnb is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.96 and an average P/B of 4.24
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The company has a free cash flow of $2.83 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.