Currently, there are 761.99M common shares owned by the public and among those 600.17M shares have been available to trade.
The company’s stock has a 5-day price change of 10.94% and 86.50% over the past three months. HOOD shares are trading 37.20% year to date (YTD), with the 12-month market performance up to 366.85% higher. It has a 12-month low price of $10.51 and touched a high of $51.09 over the same period. HOOD has an average intraday trading volume of 23.45 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 18.57%, 29.23%, and 96.48% respectively.
Institutional ownership of Robinhood Markets Inc (NASDAQ: HOOD) shares accounts for 50.47% of the company’s 761.99M shares outstanding.
It has a market capitalization of $45.19B and a beta (3y monthly) value of 2.16. The stock’s trailing 12-month PE ratio is 87.12, while the earnings-per-share (ttm) stands at $0.59. The company has a debt-to-equity ratio at 1.33. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.81% over the week and 4.76% over the month.
Earnings per share for the fiscal year are expected to increase by 252.35%, and 27.01% over the next financial year.
Looking at the support for the HOOD, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on January 17, 2025, with the firm’s price target at $55-$64. JP Morgan coverage for the Robinhood Markets Inc (HOOD) stock in a research note released on January 07, 2025 offered a Neutral rating with a price target of $43. Barclays was of a view on December 09, 2024 that the stock is Overweight, while Goldman gave the stock Buy rating on December 06, 2024, issuing a price target of $40- $46. Morgan Stanley on their part issued Overweight rating on November 25, 2024.
