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The closing price of Robinhood Markets Inc (NASDAQ: HOOD) was $37.85 for the day, up 3.27% from the previous closing price of $36.65. In other words, the price has increased by $3.27 from its previous closing price. On the day, 29.77 million shares were traded. HOOD stock price reached its highest trading level at $39.74 during the session, while it also had its lowest trading level at $37.3027.
Ratios:
Our analysis of HOOD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 184.90. 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, Morgan Stanley on Nov-26-24, Upgraded its rating to Overweight and sets its target price to $55 from $24 previously.
On November 18, 2024, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $40.
Barclays Upgraded its Underweight to Equal Weight on September 06, 2024, whereas the target price for the stock was revised from $18 to $20.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 18 ’24 when Warnick Jason sold 50,000 shares for $35.00 per share. The transaction valued at 1,750,000 led to the insider holds 962,032 shares of the business.
JASON WARNICK bought 50,000 shares of HOOD for $1,616,000 on Nov 18 ’24. On Nov 08 ’24, another insider, Malka Meyer, who serves as the Director of the company, sold 2,791,306 shares for $30.25 each. As a result, the insider received 84,426,958 and left with 26,138,937 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 33458489344 and an Enterprise Value of 26988480512. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.50, and their Forward P/E ratio for the next fiscal year is 47.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 23.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.35 while its Price-to-Book (P/B) ratio in mrq is 4.64. Its current Enterprise Value per Revenue stands at 11.208.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $38.11, while it has fallen to a 52-week low of $8.13. The 50-Day Moving Average of the stock is 38.81%, while the 200-Day Moving Average is calculated to be 77.80%.
Shares Statistics:
HOOD traded an average of 16.52M shares per day over the past three months and 27264040 shares per day over the past ten days. A total of 745.40M shares are outstanding, with a floating share count of 612.78M. Insiders hold about 30.68% of the company’s shares, while institutions hold 50.24% stake in the company. Shares short for HOOD as of 1730332800 were 19955900 with a Short Ratio of 1.21, compared to 1727654400 on 26645125. Therefore, it implies a Short% of Shares Outstanding of 19955900 and a Short% of Float of 2.79.
