Group 1: Company Performance - Bumble Inc. ended the recent trading session at $5.34, showing a +1.91% change from the previous day's closing price, outperforming the S&P 500 which had a daily loss of 0.16% [1] - Over the past month, Bumble Inc. shares have depreciated by 25.25%, underperforming the Computer and Technology sector's gain of 3.34% and the S&P 500's gain of 1.14% [1] - The upcoming earnings disclosure is expected to report EPS of $0.39, an increase of 11.43% from the prior-year quarter, while revenue is anticipated to be $244.56 million, down 10.62% from the prior-year quarter [2] Group 2: Full Year Estimates - For the full year, analysts expect earnings of -$1.79 per share and revenue of $970.56 million, reflecting changes of +61.17% and -9.43% respectively from last year [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Bumble Inc. indicate a shifting business landscape, with positive revisions suggesting optimism about the business outlook [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Bumble Inc. at 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [6] Group 4: Valuation Metrics - Bumble Inc. is trading at a Forward P/E ratio of 23.47, which is a discount compared to the industry average Forward P/E of 28.74 [7] - The company's PEG ratio is currently 0.73, significantly lower than the average PEG ratio of 1.99 for the Internet - Software industry [7] Group 5: Industry Overview - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 57, placing it within the top 24% of over 250 industries [8]
Why the Market Dipped But Bumble Inc. (BMBL) Gained Today