Robinhood Markets Inc (NASDAQ:HOOD)’s traded shares stood at 56.02 million during the last session, with the company’s beta value hitting 2.20. At the close of trading, the stock’s price was $42.80, to imply an increase of 6.73% or $2.7 in intraday trading. The HOOD share’s 52-week high remains $66.91, putting it -56.33% down since that peak but still an impressive 67.34% since price per share fell to its 52-week low of $13.98. The company has a valuation of $37.90B, with an average of 53.63 million shares in intraday trading volume over the past 10 days and average of 31.70 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Robinhood Markets Inc (HOOD), translating to a mean rating of 1.71. 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 0.41.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
After registering a 6.73% upside in the last session, Robinhood Markets Inc (HOOD) has traded red over the past five days. The 5-day price performance for the stock is 9.97%, and -29.19% over 30 days. With these gigs, the year-to-date price performance is 14.87%. Short interest in Robinhood Markets Inc (NASDAQ:HOOD) saw shorts transact 23.92 million shares and set a 0.73 days time to cover.
The extremes give us $40 and $69 for target low and target high price respectively. As such, HOOD has been trading -61.21% off suggested target high and 6.54% from its likely low.
Robinhood Markets Inc (HOOD) estimates and forecasts
The rating firms project that company’s revenue will grow 25.38% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 917.13M. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 915.87M.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 48.40% before jumping 34.29% in the following quarter.
HOOD Dividends
Robinhood Markets Inc has its next earnings report out on 2025-Feb-11. 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
Robinhood Markets Inc insiders hold 1.21% of total outstanding shares, with institutional holders owning 73.55% of the shares at 74.45% float percentage. In total, 73.55% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 60.42 million shares (or 6.9022% of shares), all amounting to roughly $1.37 billion.
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 Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Robinhood Markets Inc (HOOD) shares. Going by data provided on Dec 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 22.7 shares. This is just over 2.96% of the total shares, with a market valuation of $971.42 million. Data from the same date shows that the other fund manager holds a little less at 10.75, or 1.40% of the shares, all valued at about 460.23 million.
