Robinhood Markets Inc (NASDAQ: HOOD) closed the day trading at $18.56 up 0.87% from the previous closing price of $18.40. In other words, the price has increased by $+0.16 from its previous closing price. On the day, 9208497 shares were traded.
Ratios:
For a better understanding of HOOD, let’s look at 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 this company, Keefe Bruyette on April 03, 2024, initiated with a Mkt Perform rating and assigned the stock a target price of $20.
On March 28, 2024, KeyBanc Capital Markets reiterated its Overweight rating and also lowered its target price recommendation from $15 to $22.
On March 14, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $30.Bernstein initiated its Outperform rating on March 14, 2024, with a $30 target price.
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 Apr 04 ’24 when Tenev Vladimir sold 250,000 shares for $18.67 per share. The transaction valued at 4,668,675 led to the insider holds 0 shares of the business.
Warnick Jason sold 5,000 shares of HOOD for $97,960 on Apr 01 ’24. The Chief Financial Officer now owns 1,002,407 shares after completing the transaction at $19.59 per share. On Mar 19 ’24, another insider, Bhatt Baiju, who serves as the Chief Creative Officer of the company, sold 16,667 shares for $17.17 each. As a result, the insider received 286,129 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 16.24B and an Enterprise Value of 11.35B. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.60 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 6.08 whereas that against EBITDA is -24.66.
Stock Price History:
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 15.49, while the 200-Day Moving Average is calculated to be 11.81.
Shares Statistics:
Over the past 3-months, HOOD traded about 15.75M shares per day on average, while over the past 10 days, HOOD traded about 15.32M shares per day. A total of 745.40M shares are outstanding, with a floating share count of 438.72M. Insiders hold about 49.83% of the company’s shares, while institutions hold 40.91% stake in the company. Shares short for HOOD as of Mar 15, 2024 were 32.2M with a Short Ratio of 2.04, compared to 36.19M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.68% and a Short% of Float of 4.67%.
Earnings Estimates
Current recommendations for the stock of the company come from 9 analysts. 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 $0.1, with high estimates of $0.14 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.35 and $0.19 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.39, with 9 analysts recommending between $1.02 and $0.08.
Revenue Estimates
10 analysts predict $538.85M in revenue for the current quarter. It ranges from a high estimate of $576M to a low estimate of $509.88M. As of the current estimate, Robinhood Markets Inc’s year-ago sales were $424.53M, an estimated increase of 26.90% from the year-ago figure.
A total of 14 analysts have provided revenue estimates for HOOD’s current fiscal year. The highest revenue estimate was $2.36B, while the lowest revenue estimate was $1.99B, resulting in an average revenue estimate of $2.2B. In the same quarter a year ago, actual revenue was $1.86B, up 18.10% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $2.43B 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 10.50% from the average revenue estimate for this year.
