HOOD has 36-month beta value of 1.73. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HOOD is 441.72M, and currently, short sellers hold a 7.13% ratio of that float. The average trading volume of HOOD on April 29, 2024 was 15.55M shares.
HOOD) stock’s latest price update
Robinhood Markets Inc (NASDAQ: HOOD) has experienced a rise in its stock price by 4.44 compared to its previous closing price of 17.12. However, the company has seen a gain of 7.52% in its stock price over the last five trading days. The Motley Fool reported 2024-04-28 that Despite the surge in Robinhood stock, it still remains 80% below its all-time high. It has innovated in the consumer brokerage space, and has faced strong criticism along the way.
HOOD’s Market Performance
Robinhood Markets Inc (HOOD) has seen a 7.52% rise in stock performance for the week, with a -10.64% decline in the past month and a 65.71% surge in the past quarter. The volatility ratio for the week is 4.65%, and the volatility levels for the past 30 days are at 5.00% for HOOD. The simple moving average for the last 20 days is -1.08% for HOOD’s stock, with a simple moving average of 45.61% for the last 200 days.
Analysts’ Opinion of HOOD
Many brokerage firms have already submitted their reports for HOOD stocks, with Citigroup repeating the rating for HOOD by listing it as a “Sell.” The predicted price for HOOD in the upcoming period, according to Citigroup is $16 based on the research report published on April 11, 2024 of the current year 2024.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see HOOD reach a price target of $20. The rating they have provided for HOOD stocks is “Mkt Perform” according to the report published on April 03rd, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to HOOD, setting the target price at $22 in the report published on March 28th of the current year.
HOOD Trading at 4.20% from the 50-Day Moving Average
After a stumble in the market that brought HOOD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.99% of loss for the given period.
Volatility was left at 5.00%, however, over the last 30 days, the volatility rate increased by 4.65%, as shares sank -11.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.63% upper at present.
During the last 5 trading sessions, HOOD rose by +7.52%, which changed the moving average for the period of 200-days by +49.75% in comparison to the 20-day moving average, which settled at $17.96. In addition, Robinhood Markets Inc saw 40.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOOD starting from Bhatt Baiju, who sale 154,160 shares at the price of $17.61 back on Apr 23 ’24. After this action, Bhatt Baiju now owns 0 shares of Robinhood Markets Inc, valued at $2,714,835 using the latest closing price.
Bhatt Baiju, the Director of Robinhood Markets Inc, sale 16,667 shares at $17.16 during a trade that took place back on Apr 18 ’24, which means that Bhatt Baiju is holding 0 shares at $285,994 based on the most recent closing price.
Stock Fundamentals for HOOD
Current profitability levels for the company are sitting at:
- -0.28 for the present operating margin
- 0.8 for the gross margin
The net margin for Robinhood Markets Inc stands at -0.29. The total capital return value is set at -0.08. Equity return is now at value -7.93, with -1.94 for asset returns.
Based on Robinhood Markets Inc (HOOD), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11.
Currently, EBITDA for the company is -465.0 million with net debt to EBITDA at -0.68. When we switch over and look at the enterprise to sales, we see a ratio of 8.55. The receivables turnover for the company is 0.36for trailing twelve months and the total asset turnover is 0.06.
Conclusion
To put it simply, Robinhood Markets Inc (HOOD) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
