Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Robinhood Markets Inc’s stock clocked out at $17.78, down -0.95% from its previous closing price of $17.95. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 18.38 million shares were traded. HOOD stock price reached its highest trading level at $18.46 during the session, while it also had its lowest trading level at $17.48.
Ratios:
To gain a deeper understanding of HOOD’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 02 ’24 when Tenev Vladimir sold 25,049 shares for $17.04 per share. The transaction valued at 426,875 led to the insider holds 32,584 shares of the business.
Warnick Jason sold 5,000 shares of HOOD for $83,602 on May 01 ’24. The Chief Financial Officer now owns 997,407 shares after completing the transaction at $16.72 per share. On Apr 23 ’24, another insider, Bhatt Baiju, who serves as the Director of the company, sold 154,160 shares for $17.61 each. As a result, the insider received 2,714,835 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOOD now has a Market Capitalization of 15784871936 and an Enterprise Value of 8310453760. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.24 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 4.456.
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. The 50-Day Moving Average of the stock is 1.08%, while the 200-Day Moving Average is calculated to be 43.11%.
Shares Statistics:
It appears that HOOD traded 15.69M shares on average per day over the past three months and 8039990 shares per day over the past ten days. A total of 745.40M shares are outstanding, with a floating share count of 441.75M. Insiders hold about 49.49% of the company’s shares, while institutions hold 38.57% stake in the company. Shares short for HOOD as of 1713139200 were 31489205 with a Short Ratio of 2.01, compared to 1710460800 on 32202238. Therefore, it implies a Short% of Shares Outstanding of 31489205 and a Short% of Float of 4.4699997.
