Robinhood Markets Inc (NASDAQ: HOOD) on Friday, plunged -0.59% from the previous trading day, before settling in for the closing price of $27.22. Within the past 52 weeks, HOOD’s price has moved between $7.91 and $27.60.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 87.20%. The company achieved an average annual earnings per share of 219.15%. With a float of $595.39 million, this company’s outstanding shares have now reached $745.40 million.
Considering the fact that the conglomerate employs 2200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 83.82%, operating margin of 14.13%, and the pretax margin is 13.64%.
Robinhood Markets Inc (HOOD) Insider Activity
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Robinhood Markets Inc is 32.70%, while institutional ownership is 49.57%. The most recent insider transaction that took place on Oct 17 ’24, was worth 2,597,895. In this transaction Director of this company sold 98,404 shares at a rate of $26.40, taking the stock ownership to the 0 shares. Before that another transaction happened on Oct 17 ’24, when Company’s Officer proposed sale 98,404 for $26.93, making the entire transaction worth $2,650,020.
Robinhood Markets Inc (HOOD) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.09 earnings per share (EPS) for the period topping the consensus outlook (set at -0.1) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 219.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.70% during the next five years compared to -48.35% drop over the previous five years of trading.
Robinhood Markets Inc (NASDAQ: HOOD) Trading Performance Indicators
Robinhood Markets Inc (HOOD) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.33, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.75 in one year’s time.
Technical Analysis of Robinhood Markets Inc (HOOD)
Compared to the last year’s volume of 15.36 million, its volume of 9.78 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 64.35%. Additionally, its Average True Range was 0.98.
During the past 100 days, Robinhood Markets Inc’s (HOOD) raw stochastic average was set at 94.99%, which indicates a significant increase from 83.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.44% in the past 14 days, which was lower than the 51.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.84, while its 200-day Moving Average is $19.19. Nevertheless, the first resistance level for the watch stands at $27.57 in the near term. At $28.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.40. If the price goes on to break the first support level at $26.74, it is likely to go to the next support level at $26.41. Should the price break the second support level, the third support level stands at $25.91.
Robinhood Markets Inc (NASDAQ: HOOD) Key Stats
Market capitalization of the company is 23.94 billion based on 878,836K outstanding shares. Right now, sales total 1,865 M and income totals -541,000 K. The company made 682,000 K in profit during its latest quarter, and 188,000 K in sales during its previous quarter.
