As of close of business last night, Robinhood Markets Inc’s stock clocked out at $20.01, up 3.79% from its previous closing price of $19.28. In other words, the price has increased by $+0.73 from its previous closing price. On the day, 31116409 shares were traded.
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 this company, Bernstein on March 14, 2024, initiated with a Outperform rating and assigned the stock a target price of $30.
On December 01, 2023, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $9.50.
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 Mar 19 ’24 when Bhatt Baiju sold 16,667 shares for $17.17 per share. The transaction valued at 286,129 led to the insider holds 0 shares of the business.
Bhatt Baiju sold 157,177 shares of HOOD for $2,579,935 on Mar 12 ’24. The Chief Creative Officer now owns 0 shares after completing the transaction at $16.41 per share. On Mar 05 ’24, another insider, Gallagher Daniel Martin Jr, who serves as the Chief Legal Officer of the company, sold 12,500 shares for $15.90 each. As a result, the insider received 198,795 and left with 814,489 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 17.50B and an Enterprise Value of 12.60B. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.27 while its Price-to-Book (P/B) ratio in mrq is 2.61. Its current Enterprise Value per Revenue stands at 6.76 whereas that against EBITDA is -27.40.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $19.61, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 14.33, while the 200-Day Moving Average is calculated to be 11.49.
Shares Statistics:
It appears that HOOD traded 15.22M shares on average per day over the past three months and 19.61M shares per day over the past ten days. A total of 745.40M shares are outstanding, with a floating share count of 438.78M. 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 Feb 29, 2024 were 33.56M with a Short Ratio of 2.12, compared to 31.32M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.84% and a Short% of Float of 4.87%.
Earnings Estimates
As of right now, 9 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.07 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 $0.38 and $0.19 for the fiscal current year, implying an average EPS of $0.27. EPS for the following year is $0.41, with 9 analysts recommending between $1.02 and $0.08.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $525.88M. It ranges from a high estimate of $553M to a low estimate of $474.11M. As of the current estimate, Robinhood Markets Inc’s year-ago sales were $424.53M, an estimated increase of 23.90% from the year-ago figure.
A total of 13 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 $2.18B. In the same quarter a year ago, actual revenue was $1.86B, up 16.70% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $2.41B 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 10.70% from the average revenue estimate for this year.
