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The price of Robinhood Markets Inc (NASDAQ: HOOD) closed at $26.97 in the last session, up 0.52% from day before closing price of $26.83. In other words, the price has increased by $0.52 from its previous closing price. On the day, 10.26 million shares were traded. HOOD stock price reached its highest trading level at $27.105 during the session, while it also had its lowest trading level at $26.18.
Ratios:
We take a closer look at HOOD’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 17 ’24 when Bhatt Baiju sold 98,404 shares for $26.40 per share. The transaction valued at 2,597,895 led to the insider holds 0 shares of the business.
BAIJU PRAFULKUMAR BHATT LIVING bought 98,404 shares of HOOD for $2,650,020 on Oct 17 ’24. On Oct 08 ’24, another insider, Quirk Steven M., who serves as the Chief Brokerage Officer of the company, sold 208,291 shares for $24.98 each. As a result, the insider received 5,202,943 and left with 346,020 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 23859765248 and an Enterprise Value of 17606897664. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 82.68, and their Forward P/E ratio for the next fiscal year is 35.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 30.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.55 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 7.867.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $27.33, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 21.64%, while the 200-Day Moving Average is calculated to be 42.74%.
Shares Statistics:
According to the various share statistics, HOOD traded on average about 14.34M shares per day over the past 3-months and 16995700 shares per day over the past 10 days. A total of 745.40M shares are outstanding, with a floating share count of 595.39M. Insiders hold about 32.70% of the company’s shares, while institutions hold 49.43% stake in the company. Shares short for HOOD as of 1727654400 were 26645125 with a Short Ratio of 1.86, compared to 1724976000 on 21338911. Therefore, it implies a Short% of Shares Outstanding of 26645125 and a Short% of Float of 3.73.
