Robinhood Markets Inc (NASDAQ:HOOD) has a beta value of 1.86 and has seen 8.5 million shares traded in the recent trading session. The company, currently valued at $16.30B, closed the recent trade at $18.57 per share which meant it gained $0.65 on the day or 3.60% during that session. The HOOD stock price is -33.98% off its 52-week high price of $24.88 and 57.4% above the 52-week low of $7.91. If we look at the company’s 10-day average daily trading volume, we find that it stood at 23.82 million shares traded. The 3-month trading volume is 19.01 million shares.
The consensus among analysts is that Robinhood Markets Inc (HOOD) is Buy stock at the moment, with a recommendation rating of 2.39. 5 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 18 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.15.
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Robinhood Markets Inc (NASDAQ:HOOD) trade information
Sporting 3.60% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HOOD stock price touched $18.57 or saw a rise of 1.17%. Year-to-date, Robinhood Markets Inc shares have moved 45.72%, while the 5-day performance has seen it change 13.06%. Over the past 30 days, the shares of Robinhood Markets Inc (NASDAQ:HOOD) have changed -16.67%. Short interest in the company has seen 30.36 million shares shorted with days to cover at 2.35.
Wall Street analysts have a consensus price target for the stock at $19, which means that the shares’ value could jump 2.26% from the levels at last check today. The projected low price target is $5.0 while the price target rests at a high of $55.0. In that case, then, we find that the latest price level in today’s session is -196.18% off the targeted high while a plunge would see the stock lose 73.07% from the levels at last check today.
Robinhood Markets Inc (HOOD) estimates and forecasts
Figures show that Robinhood Markets Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 60.74% over the past 6 months, with this year growth rate of 200.00%, compared to 25.40% for the industry. Revenue growth from the last financial year stood is estimated to be 37.10%.
10 analysts offering their estimates for the company have set an average revenue estimate of 652.79M for the current quarter. 10 have an estimated revenue figure of 650.38M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -48.35% over the past 5 years.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
Insiders own 0.83% of the company shares, while shares held by institutions stand at 77.83% with a share float percentage of 78.48%. Investors are also buoyed by the number of investors in a company, with Robinhood Markets Inc having a total of 612.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 56.83 million shares worth more than $1.14 billion. As of 2024-03-31, VANGUARD GROUP INC held 6.3791% of shares outstanding.
The other major institutional holder is INDEX VENTURE ASSOCIATES VI LTD, with the holding of over 43.4 million shares as of 2024-03-31. The firm’s total holdings are worth over $873.72 million and represent 4.8721% of shares outstanding.
