In last trading session, Robinhood Markets Inc (NASDAQ:HOOD) saw 50.6 million shares changing hands with its beta currently measuring 2.24. Company’s recent per share price level of $38.92 trading at $2.56 or 7.04% at ring of the bell on the day assigns it a market valuation of $34.46B. That closing price of HOOD’s stock is at a discount of -71.92% from its 52-week high price of $66.91 and is indicating a premium of 64.08% from its 52-week low price of $13.98. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 54.69 million shares which gives us an average trading volume of 30.28 million if we extend that period to 3-months.
For Robinhood Markets Inc (HOOD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.75. Splitting up the data highlights that, out of 18 analysts covering the stock, 5 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Upright in the green during last session for gaining 7.04%, in the last five days HOOD remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $38.92 price level, adding 20.23% to its value on the day. Robinhood Markets Inc’s shares saw a change of 4.46% in year-to-date performance and have moved -19.12% in past 5-day. Robinhood Markets Inc (NASDAQ:HOOD) showed a performance of -30.83% in past 30-days. Number of shares sold short was 23.92 million shares which calculate 0.73 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 55 to the stock, which implies a rise of 29.24% to its current value. Analysts have been projecting 40 as a low price target for the stock while placing it at a high target of 69. It follows that stock’s current price would drop -2.77% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.77% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -6.34% while estimates for its earnings growth in next 5 years are of 5.45%.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
Insiders are in possession of 1.21% of company’s total shares while institution are holding 72.80 percent of that, with stock having share float percentage of 73.69%. Investors also watch the number of corporate investors in a company very closely, which is 72.80% institutions for Robinhood Markets Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at HOOD for having 60.42 million shares of worth $1.37 billion. And as of 2024-06-30, it was holding 6.9022 of the company’s outstanding shares.
The second largest institutional holder is RIBBIT MANAGEMENT COMPANY, LLC, which was holding about 36.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.1094 of outstanding shares, having a total worth of $822.28 million.