Robinhood Markets Inc [HOOD] stock prices are up 2.71% to $38.64 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HOOD shares have gain 2.09% over the last week, with a monthly amount glided 61.20%, 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 25, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $55 from $24. Previously, Needham upgraded its rating to Buy on November 18, 2024, and kept the price target unchanged to $40. On September 06, 2024, upgrade upgraded it’s rating to Equal Weight and revised its price target to $20 on the stock. Deutsche Bank upgraded its rating to a Buy and increased its price target to $24 on August 15, 2024. Piper Sandler upgraded its rating to a Overweight and raised its price target to $23 on August 12, 2024. Citigroup upgraded its rating to Neutral for this stock on August 05, 2024, but kept the price target unchanged to $18. In a note dated June 26, 2024, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $29.
The stock price of Robinhood Markets Inc [HOOD] has been fluctuating between $9.33 and $39.74 over the past year. Currently, Wall Street analysts expect the stock to reach $27.65 within the next 12 months. Robinhood Markets Inc [NASDAQ: HOOD] shares were valued at $38.64 at the most recent close of the market. An investor can expect a potential drop of -28.44% based on the average HOOD price forecast.
Analyzing the HOOD fundamentals
The Robinhood Markets Inc [NASDAQ:HOOD] reported sales of 2.44B for trailing twelve months, representing a surge of 37.10%. Gross Profit Margin for this corporation currently stands at 0.82% 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 37.26 points at the first support level, and at 35.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.36, and for the 2nd resistance point, it is at 40.08.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 14.02, the price to book ratio is 4.74 and price to earnings (TTM) ratio is 65.85.
Transactions by insiders
Recent insider trading involved Quirk Steven M., Chief Brokerage Officer, that happened on Dec 01 ’24 when 19861.0 shares were sold. Chief Legal Officer, Gallagher Daniel Martin Jr completed a deal on Dec 01 ’24 to sell 57884.0 shares. Meanwhile, Officer DANIEL MARTIN GALLAGHER bought 12500.0 shares on Dec 03 ’24.
