Robinhood Markets Inc. [NASDAQ: HOOD] gained 1.99% or 0.31 points to close at $15.89 with a heavy trading volume of 22553159 shares. The company report on December 31, 2021 that UPCOMING DEADLINE ALERT: The Schall Law Firm Encourages Investors in Robinhood Markets, Inc. with Losses of $100,000 to Contact the Firm.
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Robinhood Markets, Inc. (“Robinhood” or “the Company”) (NASDAQ: HOOD) for violations of the federal securities laws.
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Investors who purchased the Company’s shares pursuant and/or traceable to the Company’s initial public offering conducted in July 2021 (the “IPO”), are encouraged to contact the firm before February 15, 2022.
If we look at the average trading volume of 12.87M shares, HOOD reached to a volume of 22553159 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Robinhood Markets Inc. [HOOD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HOOD shares is $39.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HOOD stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Robinhood Markets Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on December 16, 2021. While these analysts kept the previous recommendation, Deutsche Bank dropped their target price from $40 to $32. The new note on the price target was released on November 19, 2021, representing the official price target for Robinhood Markets Inc. stock. Previously, the target price had yet another drop from $65 to $35, while Atlantic Equities kept a Neutral rating on HOOD stock. On October 27, 2021, analysts decreased their price target for HOOD shares from 55 to 50.
The Average True Range (ATR) for Robinhood Markets Inc. is set at 1.45, with the Price to Sales ratio for HOOD stock in the period of the last 12 months amounting to 7.57. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 7.34.
Trading performance analysis for HOOD stock
Robinhood Markets Inc. [HOOD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.53.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HOOD stock in for the last two-week period is set at 29.74, with the RSI for the last a single of trading hit 30.73, and the three-weeks RSI is set at 30.12 for Robinhood Markets Inc. [HOOD]. The present Moving Average for the last 50 days of trading for this stock 25.55, while it was recorded at 16.66 for the last single week of trading.
Robinhood Markets Inc. [HOOD]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Robinhood Markets Inc. [HOOD] shares currently have an operating margin of +1.44 and a Gross Margin at +50.51. Robinhood Markets Inc.’s Net Margin is presently recorded at +0.30.
Return on Total Capital for HOOD is now 0.49, given the latest momentum, and Return on Invested Capital for the company is 0.19. Return on Equity for this stock inclined to 0.19, with Return on Assets sitting at 0.04. When it comes to the capital structure of this company, Robinhood Markets Inc. [HOOD] has a Total Debt to Total Equity ratio set at 92.98. Additionally, HOOD Total Debt to Total Capital is recorded at 48.18, with Total Debt to Total Assets ending up at 17.98. Long-Term Debt to Equity for the company is recorded at 2.26, with the Long-Term Debt to Total Capital now at 1.17.
Receivables Turnover for the company is 0.46 with a Total Asset Turnover recorded at a value of 0.13.Robinhood Markets Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.60.
An analysis of insider ownership at Robinhood Markets Inc. [HOOD]
There are presently around $6,381 million, or 68.30% of HOOD stock, in the hands of institutional investors. The top three institutional holders of HOOD stocks are: NEA MANAGEMENT COMPANY, LLC with ownership of 74,818,398, which is approximately New of the company’s market cap and around 0.30% of the total institutional ownership; INDEX VENTURE ASSOCIATES VI LTD, holding 72,339,700 shares of the stock with an approximate value of $1.15 billion in HOOD stocks shares; and GALILEO (PTC) LTD, currently with $922.63 million in HOOD stock with ownership of nearly New of the company’s market capitalization.
Positions in Robinhood Markets Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 151 institutional holders increased their position in Robinhood Markets Inc. [NASDAQ:HOOD] by around 401,542,887 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 401,542,887 shares, according to the latest SEC report filing. HOOD stock had 151 new institutional investments in for a total of 401,542,887 shares, while 0 institutional investors sold positions of 0 shares during the same period.