Robinhood Markets Inc (NASDAQ:HOOD) has a beta value of 2.11 and has seen 27.6 million shares traded in the last trading session. The company, currently valued at $35.29B, closed the last trade at $39.85 per share which meant it lost -$1.33 on the day or -3.23% during that session. The HOOD stock price is -67.9% off its 52-week high price of $66.91 and 64.92% above the 52-week low of $13.98. If we look at the company’s 10-day average daily trading volume, we find that it stood at 52.24 million shares traded. The 3-month trading volume is 42.70 million shares.
The consensus among analysts is that Robinhood Markets Inc (HOOD) is Buy stock at the moment, with a recommendation rating of 1.77. 5 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 18 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.37.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Sporting -3.23% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HOOD stock price touched $39.85 or saw a rise of 12.53%. Year-to-date, Robinhood Markets Inc shares have moved 6.95%, while the 5-day performance has seen it change -8.77%. Over the past 30 days, the shares of Robinhood Markets Inc (NASDAQ:HOOD) have changed -8.73%. Short interest in the company has seen 25.05 million shares shorted with days to cover at 0.5.
Wall Street analysts have a consensus price target for the stock at $57.5, which means that the shares’ value could jump 30.7% from current levels. The projected low price target is $40.0 while the price target rests at a high of $90.0. In that case, then, we find that the current price level is -125.85% off the targeted high while a plunge would see the stock gain -0.38% from current levels.
Robinhood Markets Inc (HOOD) estimates and forecasts
The company’s shares have gained 47.98% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 23.72%.
12 analysts offering their estimates for the company have set an average revenue estimate of 909.41M for the current quarter. 12 have an estimated revenue figure of 912.15M for the next ending quarter. Year-ago sales stood 618M and 682M respectively for this quarter and the next, and analysts expect sales will grow by 47.15% for the current quarter and 23.72% for the next.
Earnings growth for 2025 is a modest -16.31% while over the next 5 years, the company’s earnings are expected to increase by 3.54%.
HOOD Dividends
Robinhood Markets Inc is expected to release its next earnings report on 2025-Feb-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
Insiders own 1.22% of the company shares, while shares held by institutions stand at 73.58% with a share float percentage of 74.48%. Investors are also buoyed by the number of investors in a company, with Robinhood Markets Inc having a total of 1000.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 60.42 million shares worth more than $1.37 billion. As of 2024-06-30, VANGUARD GROUP INC held 6.8571% of shares outstanding.
The other major institutional holder is RIBBIT MANAGEMENT COMPANY, LLC, with the holding of over 36.21 million shares as of 2024-06-30. The firm’s total holdings are worth over $822.28 million and represent 4.1094% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.96% shares in the company for having 22.7 shares of worth $904.47 million while later fund manager owns 10.75 shares of worth $428.51 million as of Dec 31, 2024 , which makes it owner of about 1.40% of company’s outstanding stock.
