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As of close of business last night, Robinhood Markets Inc’s stock clocked out at $33.00, up 0.61% from its previous closing price of $32.80. In other words, the price has increased by $0.61 from its previous closing price. On the day, 25.96 million shares were traded. HOOD stock price reached its highest trading level at $33.76 during the session, while it also had its lowest trading level at $31.46.
Ratios:
To gain a deeper understanding of HOOD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 154.34. 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:
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 Nov 08 ’24 when Malka Meyer sold 2,791,306 shares for $30.25 per share. The transaction valued at 84,426,958 led to the insider holds 26,138,937 shares of the business.
Malka Meyer sold 321,218 shares of HOOD for $9,638,275 on Nov 06 ’24. The Director now owns 29,036,118 shares after completing the transaction at $30.01 per share. On Nov 07 ’24, another insider, Malka Meyer, who serves as the Director of the company, sold 105,875 shares for $30.00 each. As a result, the insider received 3,176,578 and left with 28,930,243 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 29171208192 and an Enterprise Value of 22701197312. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.24, and their Forward P/E ratio for the next fiscal year is 43.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 20.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.98 while its Price-to-Book (P/B) ratio in mrq is 4.05. Its current Enterprise Value per Revenue stands at 9.427.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $34.32, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 33.64%, while the 200-Day Moving Average is calculated to be 63.21%.
Shares Statistics:
It appears that HOOD traded 14.87M shares on average per day over the past three months and 27630180 shares per day over the past ten days. A total of 745.40M shares are outstanding, with a floating share count of 597.37M. Insiders hold about 32.42% of the company’s shares, while institutions hold 50.58% stake in the company. Shares short for HOOD as of 1728950400 were 22736210 with a Short Ratio of 1.34, compared to 1726185600 on 23783820. Therefore, it implies a Short% of Shares Outstanding of 22736210 and a Short% of Float of 3.19.
