What Are The Chances Of Robinhood Markets Inc (NASDAQ: HOOD) Becoming A Clear Buy?

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that Robinhood Markets, Inc. Reports February 2024 Operating Data.

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Stocks Info

As a NASDAQ listed company, HOOD falls under the Financial sector while operating within the Capital Markets industry segment. The current market capitalization of Robinhood Markets Inc is $15.93B. A total of 13.15 million shares were traded on the day, compared to an average of 15.69M shares.

In the most recent transaction, Bhatt Baiju sold 157,177 shares of HOOD for 16.41 per share on Mar 12 ’24. After the transaction, the Chief Creative Officer now owns 0 company shares. In a previous transaction on Mar 05 ’24, Gallagher Daniel Martin Jr sold 12,500 shares at 15.90 per share. HOOD shares that Chief Legal Officer owns now total 814,489.

Among the insiders who sold shares, Tenev Vladimir disposed of 250,000 shares on Mar 04 ’24 at a per-share price of $16.76. This resulted in the Chief Executive Officer holding 0 shares of HOOD after the transaction. In another insider transaction, Warnick Jason sold 5,000 shares at $16.47 per share on Mar 01 ’24. Company shares held by the Chief Financial Officer now total 971,497.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, HOOD has a high of $19.23 and a low of $7.91.

As of this writing, HOOD has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.07 per share and a lower estimate of $0.01. The company reported an EPS of -$0.09 in the last quarter, which was 10.00% higher than expectations of -$0.1.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $7.68, while its Total Shareholder’s Equity was $7.29B.

Analysts Opinion

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. 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 3.20.

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