Analyst Expects Bumble Inc (NASDAQ: BMBL) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Bumble Inc. to Participate in Morgan Stanley Technology, Media & Telecom Conference.

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Stocks Info

As a NASDAQ listed company, BMBL falls under the Technology sector while operating within the Software – Application industry segment. At the end of the last regular session, the stock closed at $11.35 and fluctuated between $11.49 as its day high and $11.19 as its day low. The current market capitalization of Bumble Inc is $1.47B. A total of 2.57 million shares were traded on the day, compared to an average of 2.94M shares.

In the most recent transaction, BTOA – NQ L.L.C. sold 2,509,316 shares of BMBL for 11.10 per share on Mar 03 ’24. After the transaction, the 10% Owner now owns 12,802 company shares. In a previous transaction on Mar 03 ’24, BCP Buzz Holdings L.P. sold 2,509,316 shares at 11.10 per share. BMBL shares that 10% Owner owns now total 12,802.

Among the insiders who sold shares, BX Buzz ML-1 GP LLC disposed of 2,509,316 shares on Mar 03 ’24 at a per-share price of $11.10. This resulted in the 10% Owner holding 12,802 shares of BMBL after the transaction. In another insider transaction, BX Buzz ML-1 Holdco L.P. sold 2,509,316 shares at $11.10 per share on Mar 03 ’24. Company shares held by the 10% Owner now total 12,802.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, BMBL has a high of $21.06 and a low of $10.36.

As of this writing, BMBL has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $0.2 per share and a lower estimate of $0. The company reported an EPS of $0.12 in the last quarter, which was 71.40% higher than expectations of $0.07.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. BMBL’s latest balance sheet shows that the firm has $369.18M in Cash & Short Term Investments as of fiscal 2021. There were $654.59M in debt and $175.97M in liabilities at the time. Its Book Value Per Share was $12.51, while its Total Shareholder’s Equity was $2.47B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BMBL is Buy with a score of 4.24.

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