In the latest session, Robinhood Markets Inc (NASDAQ: HOOD) closed at $19.20 down -1.08% from its previous closing price of $19.41. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 15911355 shares were traded.
Ratios:
For a deeper understanding of Robinhood Markets Inc’s stock, let’s take a closer look at its various 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, KeyBanc Capital Markets on March 28, 2024, Reiterated its Overweight rating but revised its target price to $22 from $15 previously.
On March 14, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $30.
On December 01, 2023, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $9.50.Redburn Atlantic initiated its Neutral rating on December 01, 2023, with a $9.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 01 ’24 when Warnick Jason sold 5,000 shares for $19.59 per share. The transaction valued at 97,960 led to the insider holds 1,002,407 shares of the business.
Bhatt Baiju sold 16,667 shares of HOOD for $286,129 on Mar 19 ’24. The Chief Creative Officer now owns 0 shares after completing the transaction at $17.17 per share. On Mar 12 ’24, another insider, Bhatt Baiju, who serves as the Chief Creative Officer of the company, sold 157,177 shares for $16.41 each. As a result, the insider received 2,579,935 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 16.80B and an Enterprise Value of 11.91B. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.89 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 6.39 whereas that against EBITDA is -25.89.
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 15.11, while the 200-Day Moving Average is calculated to be 11.75.
Shares Statistics:
For the past three months, HOOD has traded an average of 15.61M shares per day and 16.58M 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 Mar 15, 2024 were 32.2M with a Short Ratio of 2.06, 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
There are 9 different market analysts currently analyzing its stock. 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 $0.28. EPS for the following year is $0.42, with 9 analysts recommending between $1.02 and $0.08.
Revenue Estimates
A total of 9 analysts believe the company’s revenue will be $534.72M this quarter.It ranges from a high estimate of $553M 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 26.00% 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 $2.2B. In the same quarter a year ago, actual revenue was $1.86B, up 17.80% from the average estimate. Based on 12 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 10.80% from the average revenue estimate for this year.
