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Robinhood Markets Inc (NASDAQ: HOOD) closed the day trading at $23.32 up 1.88% from the previous closing price of $22.89. In other words, the price has increased by $1.88 from its previous closing price. On the day, 9.96 million shares were traded. HOOD stock price reached its highest trading level at $23.425 during the session, while it also had its lowest trading level at $22.73.
Ratios:
For a better understanding of HOOD, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.01 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 Oct 03 ’24 when Gallagher Daniel Martin Jr sold 12,500 shares for $22.37 per share. The transaction valued at 279,621 led to the insider holds 1,057,500 shares of the business.
VLADIMIR TENEV bought 500,000 shares of HOOD for $11,215,000 on Oct 04 ’24. On Oct 03 ’24, another insider, DANIEL MARTIN GALLAGHER, who serves as the Officer of the company, bought 12,500 shares for $22.63 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 20250271744 and an Enterprise Value of 14501680128. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.49, and their Forward P/E ratio for the next fiscal year is 31.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 26.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.12 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 6.48.
Stock Price History:
The Beta on a monthly basis for HOOD is 1.84, which has changed by 1.2798805 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, HOOD has reached a high of $24.88, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 13.29%, while the 200-Day Moving Average is calculated to be 28.43%.
Shares Statistics:
Over the past 3-months, HOOD traded about 13.88M shares per day on average, while over the past 10 days, HOOD traded about 10194140 shares per day. A total of 745.40M shares are outstanding, with a floating share count of 582.17M. Insiders hold about 34.19% of the company’s shares, while institutions hold 48.97% stake in the company. Shares short for HOOD as of 1726185600 were 23783820 with a Short Ratio of 1.71, compared to 1723680000 on 33690269. Therefore, it implies a Short% of Shares Outstanding of 23783820 and a Short% of Float of 3.3299996999999997.
