Robinhood Markets Inc [HOOD] stock is trading at $41.67, up 7.07%. 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 11.00% over the last week, with a monthly amount glided 39.55%, 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 December 06, 2024, when Goldman upgraded its rating to a Buy and also boosted its price target to $46 from $40. Previously, Morgan Stanley upgraded its rating to Overweight on November 25, 2024, and elevated its price target to $55. On November 18, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $40 on the stock. Barclays upgraded its rating to a Equal Weight and increased its price target to $20 on September 06, 2024. Deutsche Bank upgraded its rating to a Buy and raised its price target to $24 on August 15, 2024. Piper Sandler upgraded its rating to Overweight for this stock on August 12, 2024, and upped its price target to $23. In a note dated August 05, 2024, Citigroup upgraded an Neutral rating on this stock but restated the target price of $18.
Robinhood Markets Inc [HOOD] stock has fluctuated between $10.38 and $42.76 over the past year. Currently, Wall Street analysts expect the stock to reach $40.44 within the next 12 months. Robinhood Markets Inc [NASDAQ: HOOD] shares were valued at $41.67 at the most recent close of the market. An investor can expect a potential drop of -2.95% based on the average HOOD price forecast.
Analyzing the HOOD fundamentals
Robinhood Markets Inc [NASDAQ:HOOD] reported sales of 2.44B for the trailing twelve months, which represents a growth 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 39.84 points at the first support level, and at 38.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.61, and for the 2nd resistance point, it is at 43.54.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 16.19, the price to book ratio is 5.11 and price to earnings (TTM) ratio is 71.01.
Transactions by insiders
Recent insider trading involved Malka Meyer, Director, that happened on Dec 05 ’24 when 1.68 million shares were sold. Director, Malka Meyer completed a deal on Dec 04 ’24 to sell 1.54 million shares. Meanwhile, Chief Legal Officer Gallagher Daniel Martin Jr sold 12500.0 shares on Dec 03 ’24.