Robinhood Markets Inc (NASDAQ:HOOD)’s traded shares stood at 15.23 million during the latest session, with the company’s beta value hitting 2.14. At the last check today, the stock’s price was $49.97, to imply an increase of 2.44% or $1.19 in intraday trading. The HOOD share’s 52-week high remains $66.91, putting it -33.9% down since that peak but still an impressive 72.02% since price per share fell to its 52-week low of $13.98.
Analysts have given a consensus recommendation of Buy for Robinhood Markets Inc (HOOD), translating to a mean rating of 1.79. Of 18 analyst(s) looking at the stock, 5 analyst(s) give HOOD a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.44.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
After registering a 2.44% upside in the latest session, Robinhood Markets Inc (HOOD) has traded red over the past five days. The 5-day price performance for the stock is -3.16%, and -2.31% over 30 days. With these gigs, the year-to-date price performance is 34.11%.
The extremes give us $40 and $60 for target low and target high price respectively. As such, HOOD has been trading -20.07% off suggested target high and 19.95% from its likely low.
Robinhood Markets Inc (HOOD) estimates and forecasts
The rating firms project that company’s revenue will grow 25.99% compared to the previous financial year.
Revenue forecast for the current quarter as set by 10 analysts is 923.43M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 931.53M.Earnings reports from the last fiscal year show that sales brought in 618M and 682M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 49.42% before jumping 36.59% in the following quarter.
HOOD Dividends
Robinhood Markets Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
The next major institution holding the largest number of shares is RIBBIT MANAGEMENT COMPANY, LLC with 36.21 million shares, or about 4.1094% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $822.28 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Robinhood Markets Inc (HOOD) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 23.01 shares. This is just over 3.00% of the total shares, with a market valuation of $1.16 billion. Data from the same date shows that the other fund manager holds a little less at 18.14, or 2.36% of the shares, all valued at about 911.19 million.
