At the time of writing, Bumble Inc [BMBL] stock is trading at $6.40, up 3.06%. An important factor to consider is whether the stock is rising or falling in short-term value. The BMBL shares have gain 4.58% over the last week, with a monthly amount drifted -2.44%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Bumble Inc [NASDAQ: BMBL] stock has seen the most recent analyst activity on August 16, 2024, when TD Cowen downgraded its rating to a Hold and also revised its price target to $7.50 from $22. Previously, Susquehanna downgraded its rating to Neutral on August 09, 2024, and dropped its price target to $6. On August 09, 2024, downgrade downgraded it’s rating to Hold. Stifel downgraded its rating to a Hold and decreased its price target to $6.50 on August 08, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $7 on August 08, 2024. Evercore ISI downgraded its rating to In-line for this stock on August 08, 2024, and downed its price target to $8. In a note dated August 08, 2024, Citigroup downgraded an Neutral rating on this stock and revised its target price from $12 to $6.
For the past year, the stock price of Bumble Inc fluctuated between $4.80 and $15.90. Currently, Wall Street analysts expect the stock to reach $18.22 within the next 12 months. Bumble Inc [NASDAQ: BMBL] shares were valued at $6.40 at the most recent close of the market. An investor can expect a potential return of 184.69% based on the average BMBL price forecast.
Analyzing the BMBL fundamentals
According to Bumble Inc [NASDAQ:BMBL], the company’s sales were 1.09B for trailing twelve months, which represents an 3.42% jump. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.29 points at the first support level, and at 6.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.49, and for the 2nd resistance point, it is at 6.58.
Ratios To Look Out For
It is important to note that Bumble Inc [NASDAQ:BMBL] has a current ratio of 2.38. On the other hand, the Quick Ratio is 2.38, and the Cash Ratio is 1.63. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 0.49 and price to earnings (TTM) ratio is 21.90.
Transactions by insiders
Recent insider trading involved MATHER ANN, Director, that happened on Jun 07 ’24 when 7492.0 shares were sold. Director, Hsiao Sissie L. completed a deal on Jun 07 ’24 to sell 5496.0 shares. Meanwhile, 10% Owner BX Buzz ML-1 GP LLC sold 2.51 million shares on Mar 03 ’24.
