During the last session, Hippo Holdings Inc. (NYSE:HIPO)’s traded shares were 2.23 million. At the end of the trading day, the stock’s price was $0.92, reflecting an intraday gain of 1.08% or $0.01. The 52-week high for the HIPO share is $10.82, that puts it down -1076.09 from that peak though still a striking 4.35% gain since the share price plummeted to a 52-week low of $0.88. The company’s market capitalization is $496.67M, and the average trade volume was 2.00 million shares over the past three months.
Hippo Holdings Inc. (HIPO) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.00. HIPO has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.09.
Hippo Holdings Inc. (NYSE:HIPO) trade information
Hippo Holdings Inc. (HIPO) registered a 1.08% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.08% in intraday trading to $0.92 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is 1.02%, and it has moved by -36.56% in 30 days. Based on these gigs, the overall price performance for the year is -90.75%.
The consensus price target of analysts on Wall Street is $3.82, which implies an increase of 75.92% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.00 and $4.50 respectively. As a result, HIPO is trading at a discount of -389.13% off the target high and -226.09% off the low.
Hippo Holdings Inc. (HIPO) estimates and forecasts
Statistics show that Hippo Holdings Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Hippo Holdings Inc. (HIPO) shares have gone down -65.29% during the last six months, with a year-to-date growth rate more than the industry average at 61.03% against 6.70. In the rating firms’ projections, revenue will increase 57.30% compared to the previous financial year.
Revenue for the current quarter is expected to be $28.28 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $34.02 million by the end of Jun 2022.
While earnings are projected to return -442.80% in 2022.
Hippo Holdings Inc. is due to release its next quarterly earnings on November 10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Hippo Holdings Inc. (NYSE:HIPO)’s Major holders
Hippo Holdings Inc. insiders own 18.38% of total outstanding shares while institutional holders control 44.98%, with the float percentage being 55.11%. Bond Capital Management, LP is the largest shareholder of the company, while 135 institutions own stock in it. As of Mar 30, 2022, the company held over 30.0 million shares (or 5.29% of all shares), a total value of $59.71 million in shares.
The next largest institutional holding, with 17.37 million shares, is of Innovius Capital Management, LLC’s that is approximately 3.06% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $49.15 million.
Also, the Mutual Funds coming in first place with the largest holdings of Hippo Holdings Inc. (HIPO) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. Data provided on Dec 30, 2021 indicates that Vanguard Extended Market Index Fund owns about 5.06 million shares. This amounts to just over 0.89 percent of the company’s overall shares, with a $14.31 million market value. The same data shows that the other fund manager holds slightly less at 2.0 million, or about 0.35% of the stock, which is worth about $3.88 million.