The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that MetaMask and Robinhood Connect Integrate to Make it Easier to Access Web3.
The company is listed on the NASDAQ and operates within the Capital Markets industry segment. At the end of the last regular session, the stock closed at $11.55 and fluctuated between $11.60 as its day high and $11.25 as its day low. The current market capitalization of Robinhood Markets Inc is $9.99B. A total of 11.96 million shares were traded on the day, compared to an average of 0.88 shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, HOOD has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 106,319 shares. Over the last 12 months, there were 65 BUYs and 59 SELLs from insiders. Insiders purchased 2,356,332 shares during that period but sold 2,779,047.
In the most recent transaction, Tenev Vladimir sold 250,000 shares of HOOD for 10.61 per share on Feb 05. After the transaction, the Chief Executive Officer now owns 0 company shares. In a previous transaction on Feb 05, Gallagher Daniel Martin Jr sold 12,500 shares at 10.61 per share. HOOD shares that Chief Legal Officer owns now total 738,291.
Among the insiders who sold shares, Bhatt Baiju disposed of 21,587 shares on Feb 02 at a per-share price of $10.82. This resulted in the Chief Creative Officer holding 36,045 shares of HOOD after the transaction. In another insider transaction, Tenev Vladimir sold 21,586 shares at $10.82 per share on Feb 02. Company shares held by the Chief Executive Officer now total 77,180.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for HOOD in the last 3 months, the mean price target is $12.85 with high estimates of $23.00 and low estimates of $9.50. In terms of 52-week highs and lows, HOOD has a high of $13.51 and a low of $7.91.
As of this writing, HOOD has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.02 per share and a lower estimate of -$0.04. The company reported an EPS of $0.03 in the last quarter, which was 400.00% higher than expectations of -$0.01.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HOOD’s latest balance sheet shows that the firm has $8.09B in Cash & Short Term Investments as of fiscal 2021. There were $3.65B in debt and $12.35B in liabilities at the time. Its Book Value Per Share was $7.62, while its Total Shareholder’s Equity was $7.29B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HOOD is Buy with a score of 3.07.