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Robinhood Markets Inc (NASDAQ: HOOD) closed the day trading at $23.97 up 2.04% from the previous closing price of $23.49. In other words, the price has increased by $2.04 from its previous closing price. On the day, 21.32 million shares were traded. HOOD stock price reached its highest trading level at $24.115 during the session, while it also had its lowest trading level at $23.0.
Ratios:
For a better understanding of HOOD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 114.47. In the meantime, Its Debt-to-Equity ratio is 1.33 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, Barclays on September 06, 2024, Upgraded its rating to Equal Weight and sets its target price to $20 from $18 previously.
On August 15, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $21 to $24.
Piper Sandler Upgraded its Neutral to Overweight on August 12, 2024, whereas the target price for the stock was revised from $20 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 01 ’24 when JASON WARNICK bought 125,000 shares for $23.57 per share.
Bhatt Baiju sold 98,404 shares of HOOD for $2,597,895 on Oct 17 ’24. The Director now owns 0 shares after completing the transaction at $26.40 per share. On Oct 17 ’24, another insider, BAIJU PRAFULKUMAR BHATT LIVING, who serves as the Officer of the company, bought 98,404 shares for $26.93 each.
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 21188904960 and an Enterprise Value of 14718897152. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.85, and their Forward P/E ratio for the next fiscal year is 33.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.88 while its Price-to-Book (P/B) ratio in mrq is 2.94. Its current Enterprise Value per Revenue stands at 6.112.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $28.58, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 2.15%, while the 200-Day Moving Average is calculated to be 22.44%.
Shares Statistics:
Over the past 3-months, HOOD traded about 15.16M shares per day on average, while over the past 10 days, HOOD traded about 17078600 shares per day. A total of 745.40M shares are outstanding, with a floating share count of 596.59M. Insiders hold about 32.55% of the company’s shares, while institutions hold 49.44% stake in the company. Shares short for HOOD as of 1728950400 were 22736210 with a Short Ratio of 1.50, compared to 1726185600 on 23783820. Therefore, it implies a Short% of Shares Outstanding of 22736210 and a Short% of Float of 3.19.
