The price of Robinhood Markets Inc (NASDAQ: HOOD) closed at $17.19 in the last session, down -4.34% from day before closing price of $17.97. On the day, 14072586 shares were traded.
Ratios:
We take a closer look at HOOD’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on April 11, 2024, Downgraded its rating to Sell and sets its target price to $16 from $13 previously.
On April 03, 2024, Keefe Bruyette started tracking the stock assigning a Mkt Perform rating and target price of $20.
KeyBanc Capital Markets reiterated its Overweight rating for the stock on March 28, 2024, while the target price for the stock was revised from $15 to $22.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 04 ’24 when Tenev Vladimir sold 250,000 shares for $18.67 per share. The transaction valued at 4,668,675 led to the insider holds 0 shares of the business.
Warnick Jason sold 5,000 shares of HOOD for $97,960 on Apr 01 ’24. The Chief Financial Officer now owns 1,002,407 shares after completing the transaction at $19.59 per share. On Mar 19 ’24, another insider, Bhatt Baiju, who serves as the Chief Creative Officer of the company, sold 16,667 shares for $17.17 each. As a result, the insider received 286,129 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.96 while its Price-to-Book (P/B) ratio in mrq is 2.24.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $20.55, while it has fallen to a 52-week low of $7.91.
Shares Statistics:
A total of 745.40M shares are outstanding, with a floating share count of 441.68M. Insiders hold about 49.50% of the company’s shares, while institutions hold 40.90% stake in the company.
Earnings Estimates
The company has Robinhood Markets, Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.76, with high estimates of $25.08 and low estimates of $13.13.
