Currently, there are 761.99M common shares owned by the public and among those 600.16M shares have been available to trade.
The company’s stock has a 5-day price change of 1.62% and 56.26% over the past three months. HOOD shares are trading 7.57% year to date (YTD), with the 12-month market performance up to 228.52% higher. It has a 12-month low price of $10.38 and touched a high of $43.83 over the same period. HOOD has an average intraday trading volume of 21.74 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.27%, 11.47%, and 61.83% respectively.
Institutional ownership of Robinhood Markets Inc (NASDAQ: HOOD) shares accounts for 50.31% of the company’s 761.99M shares outstanding.
It has a market capitalization of $35.43B and a beta (3y monthly) value of 2.07. The stock’s trailing 12-month PE ratio is 68.30, while the earnings-per-share (ttm) stands at $0.59. The company has a PEG of 9.76 and the debt-to-equity ratio at 1.33. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.40% over the week and 6.46% over the month.
Earnings per share for the fiscal year are expected to increase by 248.42%, and 26.17% over the next financial year. EPS should grow at an annualized rate of 7.00% over the next five years, compared to -48.35% over the past 5-year period.
Looking at the support for the HOOD, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on January 07, 2025, with the firm’s price target at $20-$43. Barclays coverage for the Robinhood Markets Inc (HOOD) stock in a research note released on December 09, 2024 offered a Overweight rating with a price target of $49. Goldman was of a view on December 06, 2024 that the stock is Buy, while Morgan Stanley gave the stock Overweight rating on November 25, 2024, issuing a price target of $24- $55. Needham on their part issued Buy rating on November 18, 2024.
