After finishing at $16.40 in the prior trading day, Robinhood Markets Inc (NASDAQ: HOOD) closed at $16.36, down -0.24%. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 9841678 shares were traded.
Ratios:
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 0.78 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, Redburn Atlantic on December 01, 2023, initiated with a Neutral rating and assigned the stock a target price of $9.50.
Morgan Stanley reiterated its Equal-Weight rating for the stock on July 13, 2023, while the target price for the stock was revised from $12 to $13.
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 Mar 05 ’24 when Gallagher Daniel Martin Jr sold 12,500 shares for $15.90 per share. The transaction valued at 198,795 led to the insider holds 814,489 shares of the business.
Tenev Vladimir sold 250,000 shares of HOOD for $4,190,350 on Mar 04 ’24. The Chief Executive Officer now owns 0 shares after completing the transaction at $16.76 per share. On Mar 01 ’24, another insider, Warnick Jason, who serves as the Chief Financial Officer of the company, sold 5,000 shares for $16.47 each. As a result, the insider received 82,369 and left with 971,497 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 14.31B and an Enterprise Value of 9.41B. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.58 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 5.05 whereas that against EBITDA is -20.46.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $17.22, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 12.61, while the 200-Day Moving Average is calculated to be 10.81.
Shares Statistics:
The stock has traded on average 15.77M shares per day over the past 3-months and 18.74M shares per day over the last 10 days, according to various share statistics. A total of 745.40M shares are outstanding, with a floating share count of 439.00M. Insiders hold about 49.80% of the company’s shares, while institutions hold 40.85% stake in the company. Shares short for HOOD as of Feb 15, 2024 were 36.19M with a Short Ratio of 2.29, compared to 35.71M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.15% and a Short% of Float of 5.27%.
Earnings Estimates
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.03 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 $0.08, with high estimates of $0.14 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.35 and $0.12 for the fiscal current year, implying an average EPS of $0.21. EPS for the following year is $0.29, with 8 analysts recommending between $0.66 and -$0.05.
Revenue Estimates
9 analysts predict $506.65M in revenue for the current quarter. It ranges from a high estimate of $542.2M 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 19.30% from the year-ago figure.
A total of 12 analysts have provided revenue estimates for HOOD’s current fiscal year. The highest revenue estimate was $2.26B, while the lowest revenue estimate was $1.99B, resulting in an average revenue estimate of $2.1B. In the same quarter a year ago, actual revenue was $1.86B, up 12.60% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $2.25B in the next fiscal year. The high estimate is $2.53B and the low estimate is $1.98B. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.
