Robinhood Markets Inc. (NASDAQ:HOOD) is a stock that investors should take a bite out of.

The price of Robinhood Markets Inc. (NASDAQ: HOOD) closed at $10.55 in the last session, down -0.47% from day before closing price of $10.60. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 7717481 shares were traded. HOOD stock price reached its highest trading level at $10.73 during the session, while it also had its lowest trading level at $10.22.

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We take a closer look at HOOD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 December 13, 2022, Downgraded its rating to Neutral and sets its target price to $10 from $11 previously.

On August 31, 2022, Barclays Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $10.

Goldman Upgraded its Sell to Neutral on June 27, 2022, whereas the target price for the stock was revised from $11.50 to $9.50.

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 Feb 03 when Gallagher Daniel Martin Jr sold 12,500 shares for $10.92 per share. The transaction valued at 136,490 led to the insider holds 386,435 shares of the business.

Tenev Vladimir sold 19,923 shares of HOOD for $224,811 on Feb 02. The Chief Executive Officer now owns 1,282,313 shares after completing the transaction at $11.28 per share. On Feb 02, another insider, Bhatt Baiju, who serves as the Chief Creative Officer of the company, sold 19,918 shares for $11.28 each. As a result, the insider received 224,771 and left with 65,981 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 7.24 while its Price-to-Book (P/B) ratio in mrq is 1.34.

Stock Price History:

Over the past 52 weeks, HOOD has reached a high of $16.49, while it has fallen to a 52-week low of $6.81. The 50-Day Moving Average of the stock is 9.17, while the 200-Day Moving Average is calculated to be 9.55.

Shares Statistics:

According to the various share statistics, HOOD traded on average about 9.73M shares per day over the past 3-months and 8.65M shares per day over the past 10 days. A total of 882.36M shares are outstanding, with a floating share count of 699.61M. Insiders hold about 0.40% of the company’s shares, while institutions hold 67.70% stake in the company. Shares short for HOOD as of Oct 13, 2022 were 34.96M with a Short Ratio of 41.85M, compared to 37.88M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.97% and a Short% of Float of 6.19%.

Earnings Estimates

The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.31 for the current quarter, with a high estimate of -$0.23 and a low estimate of -$0.39, while EPS last year was -$2.06. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.16 and low estimates of -$0.25.

Analysts are recommending an EPS of between -$1.19 and -$1.43 for the fiscal current year, implying an average EPS of -$1.32. EPS for the following year is -$0.71, with 10 analysts recommending between -$0.22 and -$1.12.

Revenue Estimates

A total of 14 analysts have provided revenue estimates for HOOD’s current fiscal year. The highest revenue estimate was $1.52B, while the lowest revenue estimate was $1.28B, resulting in an average revenue estimate of $1.38B. In the same quarter a year ago, actual revenue was $1.82B, down -23.90% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.86B in the next fiscal year. The high estimate is $2.24B and the low estimate is $1.51B. The average revenue growth estimate for next year is up 34.60% from the average revenue estimate for this year.