Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Robinhood Markets Inc’s stock clocked out at $39.54, down -5.11% from its previous closing price of $41.67. In other words, the price has decreased by -$5.11 from its previous closing price. On the day, 26.32 million shares were traded. HOOD stock price reached its highest trading level at $42.09 during the session, while it also had its lowest trading level at $39.24.
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 5.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 198.00. 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 Dec-10-24, Upgraded its rating to Overweight and sets its target price to $49 from $26 previously.
On December 06, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $40 to $46.
Morgan Stanley Upgraded its Equal-Weight to Overweight on November 25, 2024, whereas the target price for the stock was revised from $24 to $55.
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 Dec 09 ’24 when JASON WARNICK bought 150,000 shares for $40.12 per share.
Malka Meyer sold 1,676,633 shares of HOOD for $68,550,854 on Dec 05 ’24. The Director now owns 3,297,605 shares after completing the transaction at $40.89 per share. On Dec 04 ’24, another insider, Malka Meyer, who serves as the Director of the company, sold 1,535,681 shares for $40.11 each. As a result, the insider received 61,596,472 and left with 4,974,238 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 34952413184 and an Enterprise Value of 28482398208. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.38, and their Forward P/E ratio for the next fiscal year is 41.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.36 while its Price-to-Book (P/B) ratio in mrq is 4.85. Its current Enterprise Value per Revenue stands at 11.828.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $42.76, while it has fallen to a 52-week low of $10.38. The 50-Day Moving Average of the stock is 31.27%, while the 200-Day Moving Average is calculated to be 76.33%.
Shares Statistics:
It appears that HOOD traded 18.73M shares on average per day over the past three months and 25378050 shares per day over the past ten days. A total of 761.99M shares are outstanding, with a floating share count of 613.86M. Insiders hold about 30.56% of the company’s shares, while institutions hold 50.29% stake in the company. Shares short for HOOD as of 1731628800 were 23851390 with a Short Ratio of 1.27, compared to 1728950400 on 22736210. Therefore, it implies a Short% of Shares Outstanding of 23851390 and a Short% of Float of 3.34.