During the last session, Robinhood Markets Inc (NASDAQ:HOOD)’s traded shares were 39.97 million, with the beta value of the company hitting 2.14. At the end of the trading day, the stock’s price was $44.84, reflecting an intraday loss of -6.82% or -$3.28. The 52-week high for the HOOD share is $66.91, that puts it down -49.22 from that peak though still a striking 68.82% gain since the share price plummeted to a 52-week low of $13.98. The company’s market capitalization is $39.70B, and the average trade volume was 27.94 million shares over the past three months.
Robinhood Markets Inc (HOOD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.75. HOOD has a Sell rating from 5 analyst(s) out of 18 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 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 0.44.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Robinhood Markets Inc (HOOD) registered a -6.82% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.82% in intraday trading to $44.84, hitting a weekly high. The stock’s 5-day price performance is -8.08%, and it has moved by -14.72% in 30 days. Based on these gigs, the overall price performance for the year is 169.63%.
The consensus price target of analysts on Wall Street is $54, which implies an increase of 16.96% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $40 and $60 respectively. As a result, HOOD is trading at a discount of -33.81% off the target high and 10.79% off the low.
Robinhood Markets Inc (HOOD) estimates and forecasts
In the rating firms’ projections, revenue will increase 26.08% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 923.21M as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 929.85M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 618M and 682M respectively. In this case, analysts expect current quarter sales to grow by 49.39% and then jump by 36.34% in the coming quarter.
While earnings are projected to return -6.31% in 2025, the next five years will return 6.06% per annum.
HOOD Dividends
Robinhood Markets Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 36.21 million shares, is of RIBBIT MANAGEMENT COMPANY, LLC’s that is approximately 4.1094% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $822.28 million.
Also, the Mutual Funds coming in first place with the largest holdings of Robinhood Markets Inc (HOOD) shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 23.01 shares. This amounts to just over 3.00 percent of the company’s overall shares, with a $1.03 billion market value. The same data shows that the other fund manager holds slightly less at 18.14, or about 2.36% of the stock, which is worth about $813.54 million.
