Robinhood Markets Inc (HOOD) stock: analyst predictions for current quarter EPS

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.

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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.

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 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.

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 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.

Shares Statistics:

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%.

Earnings Estimates

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.

Revenue Estimates

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.

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