Now Is A Good Time To Buy Robinhood Markets Inc (NASDAQ: HOOD)

During the last session, Robinhood Markets Inc (NASDAQ:HOOD)’s traded shares were 49.17 million, with the beta value of the company hitting 2.15. At the end of the trading day, the stock’s price was $54.07, reflecting an intraday gain of 8.16% or $4.08. The 52-week high for the HOOD share is $66.91, that puts it down -23.75 from that peak though still a striking 74.14% gain since the share price plummeted to a 52-week low of $13.98. The company’s market capitalization is $47.72B, and the average trade volume was 48.06 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 1.77. 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.

Robinhood Markets Inc (NASDAQ:HOOD) trade information

Robinhood Markets Inc (HOOD) registered a 8.16% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.16% in intraday trading to $54.07, hitting a weekly high. The stock’s 5-day price performance is 15.98%, and it has moved by 58.24% in 30 days. Based on these gigs, the overall price performance for the year is 204.11%.

The consensus price target of analysts on Wall Street is $57.5, which implies an increase of 5.97% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $40 and $90 respectively. As a result, HOOD is trading at a discount of -66.45% off the target high and 26.02% off the low.

While earnings are projected to return -15.99% in 2025, the next five years will return 4.30% per annum.

HOOD Dividends

Robinhood Markets Inc is due to release its next quarterly earnings in June. 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 INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 22.7 shares. This amounts to just over 2.96 percent of the company’s overall shares, with a $1.23 billion market value. The same data shows that the other fund manager holds slightly less at 10.75, or about 1.40% of the stock, which is worth about $581.42 million.