On Friday, Robinhood Markets Inc (NASDAQ: HOOD) opened higher 2.04% from the last session, before settling in for the closing price of $23.49. Price fluctuations for HOOD have ranged from $7.91 to $28.58 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Financial sector company grew by 87.20% over the past five years. Company’s average yearly earnings per share was noted 218.30% at the time writing. With a float of $596.59 million, this company’s outstanding shares have now reached $745.40 million.
Let’s look at the performance matrix of the company that is accounted for 2200 employees. In terms of profitability, gross margin is 82.3%, operating margin of 26.15%, and the pretax margin is 26.01%.
Robinhood Markets Inc (HOOD) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Robinhood Markets Inc is 32.55%, while institutional ownership is 49.44%. The most recent insider transaction that took place on Nov 01 ’24, was worth 2,945,950. Before that another transaction happened on Oct 17 ’24, when Company’s Director sold 98,404 for $26.40, making the entire transaction worth $2,597,895. This insider now owns 0 shares in total.
Robinhood Markets Inc (HOOD) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.03 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.01) by 0.04. 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 218.30% 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
Check out the current performance indicators for Robinhood Markets Inc (HOOD). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.88. Likewise, its price to free cash flow for the trailing twelve months is 114.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.72 in one year’s time.
Technical Analysis of Robinhood Markets Inc (HOOD)
Robinhood Markets Inc (NASDAQ: HOOD) saw its 5-day average volume 24.38 million, a positive change from its year-to-date volume of 15.57 million. As of the previous 9 days, the stock’s Stochastic %D was 36.14%. Additionally, its Average True Range was 1.26.
During the past 100 days, Robinhood Markets Inc’s (HOOD) raw stochastic average was set at 68.45%, which indicates a significant increase from 17.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.59% in the past 14 days, which was higher than the 57.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.46, while its 200-day Moving Average is $19.58. Nevertheless, the first resistance level for the watch stands at $24.39 in the near term. At $24.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.51. If the price goes on to break the first support level at $23.27, it is likely to go to the next support level at $22.58. The third support level lies at $22.16 if the price breaches the second support level.
Robinhood Markets Inc (NASDAQ: HOOD) Key Stats
There are currently 884,678K shares outstanding in the company with a market cap of 21.64 billion. Presently, the company’s annual sales total 1,865 M according to its annual income of -541,000 K. Last quarter, the company’s sales amounted to 682,000 K and its income totaled 188,000 K.
