The stock of Robinhood Markets Inc (HOOD) has seen a -5.41% decrease in the past week, with a 5.20% gain in the past month, and a 15.51% flourish in the past quarter. The volatility ratio for the week is 3.96%, and the volatility levels for the past 30 days are at 5.58% for HOOD. The simple moving average for the last 20 days is 1.52% for HOOD stock, with a simple moving average of 58.81% for the last 200 days.
Is It Worth Investing in Robinhood Markets Inc (NASDAQ: HOOD) Right Now?
Robinhood Markets Inc (NASDAQ: HOOD) has a higher price-to-earnings ratio of 151.55x compared to its average ratio, The 36-month beta value for HOOD is at 1.82. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for HOOD is 490.31M, and currently, shorts hold a 6.12% of that float. The average trading volume for HOOD on June 21, 2024 was 17.31M shares.
HOOD) stock’s latest price update
Robinhood Markets Inc (NASDAQ: HOOD)’s stock price has increased by 1.47 compared to its previous closing price of 21.73. However, the company has seen a -5.41% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-06-20 that The latest trading day saw Robinhood Markets, Inc. (HOOD) settling at $21.73, representing a -0.59% change from its previous close.
Analysts’ Opinion of HOOD
Many brokerage firms have already submitted their reports for HOOD stocks, with BofA Securities repeating the rating for HOOD by listing it as a “Buy.” The predicted price for HOOD in the upcoming period, according to BofA Securities is $24 based on the research report published on May 17, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see HOOD reach a price target of $16, previously predicting the price at $13. The rating they have provided for HOOD stocks is “Sell” according to the report published on April 11th, 2024.
Keefe Bruyette gave a rating of “Mkt Perform” to HOOD, setting the target price at $20 in the report published on April 03rd of the current year.
HOOD Trading at 13.83% 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 -9.18% of loss for the given period.
Volatility was left at 5.58%, however, over the last 30 days, the volatility rate increased by 3.96%, as shares surge +11.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.85% upper at present.
During the last 5 trading sessions, HOOD fell by -5.71%, which changed the moving average for the period of 200-days by +103.14% in comparison to the 20-day moving average, which settled at $21.84. In addition, Robinhood Markets Inc saw 73.08% 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 Tenev Vladimir, who sale 250,000 shares at the price of $21.03 back on Jun 04 ’24. After this action, Tenev Vladimir now owns 0 shares of Robinhood Markets Inc, valued at $5,258,275 using the latest closing price.
Gallagher Daniel Martin Jr, the Chief Legal Officer of Robinhood Markets Inc, sale 12,500 shares at $21.05 during a trade that took place back on Jun 04 ’24, which means that Gallagher Daniel Martin Jr is holding 943,815 shares at $263,062 based on the most recent closing price.
Stock Fundamentals for HOOD
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.82 for the gross margin
The net margin for Robinhood Markets Inc stands at 0.06. The total capital return value is set at 0.02. Equity return is now at value 1.82, with 0.34 for asset returns.
Based on Robinhood Markets Inc (HOOD), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at -0.1. The debt to equity ratio resting at 0.9. The interest coverage ratio of the stock is -24.67.
Currently, EBITDA for the company is -465.0 million with net debt to EBITDA at 7.32. When we switch over and look at the enterprise to sales, we see a ratio of 10.23. The receivables turnover for the company is 0.31for trailing twelve months and the total asset turnover is 0.04.
Conclusion
In conclusion, Robinhood Markets Inc (HOOD) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
