After finishing at $8.10 in the prior trading day, Robinhood Markets Inc (NASDAQ: HOOD) closed at $8.13, up 0.37%. In other words, the price has increased by $+0.03 from its previous closing price. On the day, 7824836 shares were traded. HOOD stock price reached its highest trading level at $8.27 during the session, while it also had its lowest trading level at $7.99.
Our goal is to gain a better understanding of HOOD by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 Nov 13 when Bhatt Baiju sold 106,319 shares for $8.31 per share. The transaction valued at 883,617 led to the insider holds 296,105 shares of the business.
Tenev Vladimir sold 83,333 shares of HOOD for $800,772 on Nov 06. The Chief Executive Officer now owns 541,134 shares after completing the transaction at $9.61 per share. On Nov 03, another insider, Gallagher Daniel Martin Jr, who serves as the Chief Legal Officer of the company, sold 12,500 shares for $9.69 each. As a result, the insider received 121,179 and left with 622,170 shares of the company.
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 7.00B and an Enterprise Value of 2.39B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.92 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 1.35 whereas that against EBITDA is -4.50.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $13.23, while it has fallen to a 52-week low of $7.57. The 50-Day Moving Average of the stock is 9.45, while the 200-Day Moving Average is calculated to be 9.91.
The stock has traded on average 7.06M shares per day over the past 3-months and 12.47M shares per day over the last 10 days, according to various share statistics. A total of 764.89M shares are outstanding, with a floating share count of 456.18M. Insiders hold about 47.25% of the company’s shares, while institutions hold 36.51% stake in the company. Shares short for HOOD as of Oct 30, 2023 were 24.46M with a Short Ratio of 24.46M, compared to 22.56M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.84% and a Short% of Float of 3.61%.
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.05, while EPS last year was -$0.19. The consensus estimate for the next quarter is $0, with high estimates of $0.04 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.6 and -$0.69 for the fiscal current year, implying an average EPS of -$0.65. EPS for the following year is $0.09, with 9 analysts recommending between $0.24 and -$0.11.
7 analysts predict $438.37M in revenue for the current quarter. It ranges from a high estimate of $449.1M to a low estimate of $419.33M. As of the current estimate, Robinhood Markets Inc’s year-ago sales were $380M, an estimated increase of 15.40% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $472.78M, an increase of 11.40% less than the figure of $15.40% in the same quarter last year. There is a high estimate of $516.1M for the next quarter, whereas the lowest estimate is $424.32M.
A total of 10 analysts have provided revenue estimates for HOOD’s current fiscal year. The highest revenue estimate was $1.85B, while the lowest revenue estimate was $1.81B, resulting in an average revenue estimate of $1.83B. In the same quarter a year ago, actual revenue was $1.36B, up 35.10% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $2.02B in the next fiscal year. The high estimate is $2.2B and the low estimate is $1.77B. The average revenue growth estimate for next year is up 10.20% from the average revenue estimate for this year.