In the last trading session, 9.99 million shares of the Robinhood Markets Inc (NASDAQ:HOOD) were traded, and its beta was 2.15. Most recently the company’s share price was $43.98, and it changed around -$2.91 or -6.20% from the last close, which brings the market valuation of the company to $38.95B. HOOD currently trades at a discount to its 52-week high of $66.91, offering almost -52.14% off that amount. The share price’s 52-week low was $13.98, which indicates that the current value has risen by an impressive 68.21% since then.
Robinhood Markets Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.79. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 7 recommended HOOD as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Robinhood Markets Inc is expected to report earnings per share of 0.44 for the current quarter.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Instantly HOOD has showed a red trend with a performance of -6.20% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 54.84 on recent trading dayincreased the stock’s daily price by 19.8%. The company’s shares are currently up 18.04% year-to-date, but still down -4.22% over the last five days. On the other hand, Robinhood Markets Inc (NASDAQ:HOOD) is -15.34% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $54, which translates to bulls needing to increase their stock price by 18.56% from its current value. Analyst projections state that HOOD is forecast to be at a low of $40 and a high of $60.
Robinhood Markets Inc (HOOD) estimates and forecasts
The year-over-year growth rate is expected to be 25.99%, up from the previous year.
Consensus estimates provided by 10 financial analysts predict the company will bring in an average of 923.43M in revenue for the current quarter. 10 analysts expect Robinhood Markets Inc to make 931.53M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 618M and 682M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 49.42%. Forecasts for the next quarter put sales growth at 36.59%. Robinhood Markets Inc earnings are expected to increase by -6.12% in 2025, but the outlook is positive 6.06% per year for the next five years.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
RIBBIT MANAGEMENT COMPANY, LLC, with 4.1094% or 36.21 million shares worth $822.28 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 23.01 shares worth $994.05 million, making up 3.00% of all outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held roughly 18.14 shares worth around $783.96 million, which represents about 2.36% of the total shares outstanding.
