In the last trading session, 45.53 million Robinhood Markets Inc (NASDAQ:HOOD) shares changed hands as the company’s beta touched 2.21. With the company’s per share price at $42.02 changed hands at $2.78 or 7.08% during last session, the market valuation stood at $37.21B. HOOD’s last price was a discount, traded about -59.23% off its 52-week high of $66.91. The share price had its 52-week low at $13.98, which suggests the last value was 66.73% up since then. When we look at Robinhood Markets Inc’s average trading volume, we note the 10-day average is 53.15 million shares, with the 3-month average coming to 31.29 million.
Analysts gave the Robinhood Markets Inc (HOOD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.75. If we narrow down to specifics, the data shows that 5 out of 18 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended HOOD as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Robinhood Markets Inc’s EPS for the current quarter is expected to be 0.44.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Instantly HOOD was in green as seen at the end of in last trading. With action 17.93%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 12.78%, with the 5-day performance at 17.93% in the green. However, in the 30-day time frame, Robinhood Markets Inc (NASDAQ:HOOD) is -34.14% down. Looking at the short shares, we see there were 23.92 million shares sold at short interest cover period of 0.73 days.
The consensus price target for the stock as assigned by Wall Street analysts is 55, meaning bulls need an upside of 23.6% from its current market value. According to analyst projections, HOOD’s forecast low is 40 with 69 as the target high. To hit the forecast high, the stock’s price needs a -64.21% plunge from its current level, while the stock would need to tank 4.81% for it to hit the projected low.
Robinhood Markets Inc (HOOD) estimates and forecasts
Year-over-year growth is forecast to reach 25.06% up from the last financial year.
Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 916.77M. 11 analysts are of the opinion that Robinhood Markets Inc’s revenue for the current quarter will be 919.49M. The company’s revenue for the corresponding quarters a year ago was 618M and 682M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 48.35%. The estimates for the next quarter sales put growth at 34.82%.
The 2025 estimates are for Robinhood Markets Inc earnings to decrease by -6.27%, but the outlook for the next 5-year period is at 5.42% per year.
HOOD Dividends
Robinhood Markets Inc is expected to release its next quarterly earnings report on 2025-Feb-11.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.21% of Robinhood Markets Inc shares while 73.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 74.44%. There are 73.54% institutions holding the Robinhood Markets Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 6.9022% of the shares, roughly 60.42 million HOOD shares worth $1.37 billion.
RIBBIT MANAGEMENT COMPANY, LLC holds the second largest percentage of outstanding shares, with 4.1094% or 36.21 million shares worth $822.28 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 22.7 shares estimated at $953.72 million under it, the former controlled 2.96% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.40% of the shares, roughly 10.75 shares worth around $451.85 million.
