At the time of writing, Robinhood Markets Inc [HOOD] stock is trading at $36.65, up 4.45%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HOOD shares have gain 13.40% over the last week, with a monthly amount glided 34.64%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Robinhood Markets Inc [NASDAQ: HOOD] stock has seen the most recent analyst activity on November 18, 2024, when Needham upgraded its rating to a Buy but kept the price target unchanged to $40 for it. Previously, Barclays upgraded its rating to Equal Weight on September 06, 2024, and elevated its price target to $20. On August 15, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $24 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $23 on August 12, 2024. Citigroup upgraded its rating to a Neutral but $18 remained the price target by the analyst firm on August 05, 2024. Wolfe Research upgraded its rating to Outperform for this stock on June 26, 2024, but kept the price target unchanged to $29. In a note dated May 17, 2024, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $14 to $24.
For the past year, the stock price of Robinhood Markets Inc fluctuated between $7.98 and $38.11. Currently, Wall Street analysts expect the stock to reach $25.76 within the next 12 months. Robinhood Markets Inc [NASDAQ: HOOD] shares were valued at $36.65 at the most recent close of the market. An investor can expect a potential drop of -29.71% based on the average HOOD price forecast.
Analyzing the HOOD fundamentals
According to Robinhood Markets Inc [NASDAQ:HOOD], the company’s sales were 2.44B for trailing twelve months, which represents an 37.10% jump. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.94 points at the first support level, and at 33.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.60, and for the 2nd resistance point, it is at 38.55.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 13.89, the price to book ratio is 4.49 and price to earnings (TTM) ratio is 62.46.
Transactions by insiders
Recent insider trading involved Warnick Jason, Chief Financial Officer, that happened on Nov 18 ’24 when 50000.0 shares were sold. Officer, JASON WARNICK completed a deal on Nov 18 ’24 to buy 50000.0 shares. Meanwhile, Director Malka Meyer sold 2.79 million shares on Nov 08 ’24.
