This trade activity should not be overlooked: Bumble Inc (BMBL)

With 4.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.05 million shares. The 52-week range on BMBL shows that it touched its highest point at $12.49 and its lowest point at $4.58 during that stretch. It currently has a 1-year price target of $6.52. Beta for the stock currently stands at 1.74.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BMBL was up-trending over the past week, with a rise of 0.61%, but this was down by -41.22% over a month. Three-month performance dropped to -44.22% while six-month performance fell -29.41%. The stock lost -53.93% in the past year, while it has lost -39.56% so far this year. A look at the trailing 12-month EPS for BMBL yields -4.61 with Next year EPS estimates of 0.59. For the next quarter, that number is 0.15. This implies an EPS growth rate of 112.93% for this year and 1.85% for next year.

Float and Shares Shorts:

At present, 107.11 million BMBL shares are outstanding with a float of 71.69 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BMBL since 12 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$4.2872 being high and -$4.56832 being low. For BMBL, this leads to a yearly average estimate of -$4.44784. Based on analyst estimates, the high estimate for the next quarter is $0.31 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.25.