Robinhood Markets Inc (HOOD) saw downtrend of -2.31% in the recent trading with $115.03 being its most recent. The current price level -6.81% lower than the highest price of $123.44 marked by the stock while trading over the past 52-weeks, whereas it is 456.51% higher than the lowest price of $20.67 the company dropped to over past 52-weeks. The latest news story on HOOD appeared in (Motley Fool) under the title “The Newest Stock in the S&P 500 Has Soared 237% Since Its 2021 IPO, and It’s a Buy Right Now, According to Wall Street”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 18 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.89 for the stock.
Robinhood Markets Inc Earnings – What Happened With HOOD
Coming around sales and income figures on HOOD Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Robinhood Markets Inc (HOOD) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 0.38% for net revenue.
HOOD – Robinhood Markets Inc Stock Earnings Estimates
The perspective of Robinhood Markets Inc (NASDAQ:HOOD)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.26 for stock’s EPS in the current quarter. Robinhood Markets Inc (HOOD) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 0.38% for net revenue. Company’s EPS for the last quarter was 0.26.
Robinhood Markets Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 771.93 million. HOOD does have institutional investors; and they hold 59.50% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Robinhood Markets Inc (NASDAQ:HOOD) with an ownership of 60.42 million shares of the company or 6.8571 of the stake worth $1.37 billion. The filing also reveals RIBBIT MANAGEMENT COMPANY, LLC as the second largest holder in the company with a control over 4.1094 of the outstanding shares. Its stake is worth $822.28 million for having 36.21 million shares in hand.
INDEX VENTURE ASSOCIATES VI LTD also came holding a key position in the company during the recent quarter and it now holds 4.1052 of the outstanding shares. With this there are now 1397.0 institutions which have possession in HOOD’s shares.
Key Metrics for HOOD
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Robinhood Markets Inc has a debt to equity ratio of 1.96.
