Reassessing The Changing Outlook For Robinhood Markets Inc (HOOD)

Currently, there are 764.90M common shares owned by the public and among those 618.21M shares have been available to trade.

The company’s stock has a 5-day price change of 16.86% and 97.82% over the past three months. HOOD shares are trading 75.20% year to date (YTD), with the 12-month market performance up to 451.35% higher. It has a 12-month low price of $12.77 and touched a high of $66.91 over the same period. HOOD has an average intraday trading volume of 23.90 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 22.55%, 44.04%, and 126.84% respectively.

Institutional ownership of Robinhood Markets Inc (NASDAQ: HOOD) shares accounts for 61.07% of the company’s 764.90M shares outstanding.

It has a market capitalization of $57.65B and a beta (3y monthly) value of 2.15. The stock’s trailing 12-month PE ratio is 41.80, while the earnings-per-share (ttm) stands at $1.56. The company has a PEG of 7.00 and the debt-to-equity ratio at 1.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.47% over the week and 5.15% over the month.

Earnings per share for the fiscal year are expected to decrease by -10.89%, and 17.53% over the next financial year.

Morgan Stanley coverage for the Robinhood Markets Inc (HOOD) stock in a research note released on January 17, 2025 offered a Overweight rating with a price target of $64. JP Morgan was of a view on January 07, 2025 that the stock is Neutral, while Barclays gave the stock Overweight rating on December 09, 2024, issuing a price target of $26- $49. Goldman on their part issued Buy rating on December 06, 2024.

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