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As of close of business last night, Robinhood Markets Inc’s stock clocked out at $17.34, down -3.02% from its previous closing price of $17.88. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 8.37 million shares were traded. HOOD stock price reached its highest trading level at $18.29 during the session, while it also had its lowest trading level at $17.3.
Ratios:
To gain a deeper understanding of HOOD’s stock, we examine its different 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:
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 Apr 23 ’24 when Bhatt Baiju sold 154,160 shares for $17.61 per share. The transaction valued at 2,714,835 led to the insider holds 0 shares of the business.
Bhatt Baiju sold 16,667 shares of HOOD for $285,994 on Apr 18 ’24. The Director now owns 0 shares after completing the transaction at $17.16 per share. On Apr 04 ’24, another insider, Tenev Vladimir, who serves as the Chief Executive Officer of the company, sold 250,000 shares for $18.67 each. As a result, the insider received 4,668,675 and left with 0 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 15636917248 and an Enterprise Value of 7925652992. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.03 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 4.25.
Stock Price History:
The Beta on a monthly basis for HOOD is 1.71, which has changed by 1.0496454 over the last 52 weeks, in comparison to a change of 0.24191546 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 0.52%, while the 200-Day Moving Average is calculated to be 40.88%.
Shares Statistics:
It appears that HOOD traded 15.61M shares on average per day over the past three months and 8252390 shares per day 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 38.87% stake in the company. Shares short for HOOD as of 1713139200 were 31489205 with a Short Ratio of 2.02, compared to 1710460800 on 32202238. Therefore, it implies a Short% of Shares Outstanding of 31489205 and a Short% of Float of 4.5700002.
Earnings Estimates
The performance of Robinhood Markets Inc (HOOD) in the stock market is under the watchful eye of 10.0 analysts actively contributing to its current rating.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 $0.27. EPS for the following year is $0.4, with 11.0 analysts recommending between $1.02 and $0.2.
Revenue Estimates
In the current quarter, 11 analysts expect revenue to total $547.4M. 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 $424.53MFor the next quarter, 11 analysts are estimating revenue of $594.87M. There is a high estimate of $631.5M for the next quarter, whereas the lowest estimate is $540M.
A total of 16 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 $1.86BBased on 15 analysts’ estimates, the company’s revenue will be $2.49B in the next fiscal year. The high estimate is $3.41B and the low estimate is $2.01B.
