Bumble Inc [BMBL] stock is trading at $6.38, down -0.78%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BMBL shares have gain 7.95% over the last week, with a monthly amount drifted -3.19%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Bumble Inc [NASDAQ: BMBL] stock has seen the most recent analyst activity on September 27, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, TD Cowen downgraded its rating to Hold on August 16, 2024, and dropped its price target to $7.50. On August 09, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $6 on the stock. HSBC Securities downgraded its rating to a Hold. Stifel downgraded its rating to a Hold and reduced its price target to $6.50 on August 08, 2024. JP Morgan downgraded its rating to Neutral for this stock on August 08, 2024, and downed its price target to $7. In a note dated August 08, 2024, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $18 to $8.
Bumble Inc [BMBL] stock has fluctuated between $4.80 and $15.90 over the past year. Currently, Wall Street analysts expect the stock to reach $18.22 within the next 12 months. Bumble Inc [NASDAQ: BMBL] shares were valued at $6.38 at the most recent close of the market. An investor can expect a potential return of 185.58% based on the average BMBL price forecast.
Analyzing the BMBL fundamentals
Bumble Inc [NASDAQ:BMBL] reported sales of 1.09B for the trailing twelve months, which represents a growth of 3.42%. 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 6.27 points at the first support level, and at 6.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.57, and for the 2nd resistance point, it is at 6.76.
Ratios To Look Out For
For context, Bumble Inc’s Current Ratio is 2.38. As well, the Quick Ratio is 2.38, while the Cash Ratio is 1.63. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 0.49 and price to earnings (TTM) ratio is 21.83.
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.
