The price of Robinhood Markets Inc (NASDAQ: HOOD) closed at $16.31 in the last session, up 1.12% from day before closing price of $16.13. In other words, the price has increased by $+0.18 from its previous closing price. On the day, 21171529 shares were traded.
Ratios:
We take a closer look at HOOD’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 26 when Tenev Vladimir sold 500,000 shares for $15.12 per share. The transaction valued at 7,559,500 led to the insider holds 0 shares of the business.
Bhatt Baiju sold 482,667 shares of HOOD for $7,286,614 on Feb 26. The Chief Creative Officer now owns 0 shares after completing the transaction at $15.10 per share. On Feb 23, another insider, Quirk Steven M., who serves as the Chief Brokerage Officer of the company, sold 60,895 shares for $14.43 each. As a result, the insider received 878,544 and left with 350,769 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 14.07B and an Enterprise Value of 9.17B. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.47 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 4.92 whereas that against EBITDA is -19.94.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $16.53, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 12.22, while the 200-Day Moving Average is calculated to be 10.62.
Shares Statistics:
According to the various share statistics, HOOD traded on average about 16.67M shares per day over the past 3-months and 27.15M shares per day over the past 10 days. A total of 745.40M shares are outstanding, with a floating share count of 432.96M. Insiders hold about 49.93% of the company’s shares, while institutions hold 41.30% stake in the company. Shares short for HOOD as of Feb 15, 2024 were 36.19M with a Short Ratio of 2.17, 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
The company has 9 analysts who recommend its stock at the moment. 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 $0.25, with 8 analysts recommending between $0.45 and -$0.05.
Revenue Estimates
According to 9 analysts, the current quarter’s revenue is expected to be $506.65M. 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.
