Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Robinhood Markets Inc (NASDAQ: HOOD) closed at $17.19 up 3.37% from its previous closing price of $16.63. In other words, the price has increased by $3.37 from its previous closing price. On the day, 7.43 million shares were traded. HOOD stock price reached its highest trading level at $17.345 during the session, while it also had its lowest trading level at $16.67.
Ratios:
For a deeper understanding of Robinhood Markets Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 18 ’24 when Bhatt Baiju sold 16,667 shares for $17.16 per share. The transaction valued at 285,994 led to the insider holds 0 shares of the business.
Tenev Vladimir sold 250,000 shares of HOOD for $4,668,675 on Apr 04 ’24. The Chief Executive Officer now owns 0 shares after completing the transaction at $18.67 per share. On Apr 01 ’24, another insider, Warnick Jason, who serves as the Chief Financial Officer of the company, sold 5,000 shares for $19.59 each. As a result, the insider received 97,960 and left with 1,002,407 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 15033463808 and an Enterprise Value of 7794470912. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.96 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 4.179.
Stock Price History:
The Beta on a monthly basis for HOOD is 1.72, which has changed by 0.8910891 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. 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 2.89%, while the 200-Day Moving Average is calculated to be 41.44%.
Shares Statistics:
For the past three months, HOOD has traded an average of 15.52M shares per day and 9774120 over the past ten days. A total of 745.40M shares are outstanding, with a floating share count of 441.72M. Insiders hold about 49.49% of the company’s shares, while institutions hold 38.97% stake in the company. Shares short for HOOD as of 1711584000 were 30051684 with a Short Ratio of 1.94, compared to 1709164800 on 33559114. Therefore, it implies a Short% of Shares Outstanding of 30051684 and a Short% of Float of 4.36.
Earnings Estimates
Currently, 10 analysts are dedicated to thoroughly evaluating and rating the performance of Robinhood Markets Inc (HOOD) in the stock market.On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.01, while EPS last year was $-0.57. The consensus estimate for the next quarter is $0.09, with high estimates of $0.12 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.34 and $0.18 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.41, with 10 analysts recommending between $1.02 and $0.2.
Revenue Estimates
A total of 11 analysts believe the company’s revenue will be $546.12M this quarter.It ranges from a high estimate of $576M to a low estimate of $521M. As of the current estimate, Robinhood Markets Inc’s year-ago sales were $424.53M, an estimated increase of 28.60% from the year-ago figure.
A total of 15 analysts have provided revenue estimates for HOOD’s current fiscal year. The highest revenue estimate was $2.38B, while the lowest revenue estimate was $1.99B, resulting in an average revenue estimate of $2.24B. In the same quarter a year ago, actual revenue was $1.86B, up 19.90% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $2.48B in the next fiscal year. The high estimate is $3.41B and the low estimate is $2.01B. The average revenue growth estimate for next year is up 11.10% from the average revenue estimate for this year.
