With 13.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 17.16 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $39.145 whereas the lowest price it dropped to was $37.51. The 52-week range on HOOD shows that it touched its highest point at $39.74 and its lowest point at $8.35 during that stretch. It currently has a 1-year price target of $32.59. Beta for the stock currently stands at 2.07.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HOOD was up-trending over the past week, with a rise of 6.98%, but this was up by 33.07% over a month. Three-month performance surged to 86.58% while six-month performance rose 79.62%. The stock gained 320.85% in the past year, while it has gained 194.66% so far this year. A look at the trailing 12-month EPS for HOOD yields 0.59 with Next year EPS estimates of 0.79. For the next quarter, that number is 0.18. This implies an EPS growth rate of 219.67% for this year and 8.66% for next year. EPS is expected to grow by 7.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -48.35%.
Float and Shares Shorts:
At present, 745.40 million HOOD shares are outstanding with a float of 613.99 million shares on hand for trading. On 2024-11-15, short shares totaled 23.85 million, which was 270.0 higher than short shares on 1728950400. In addition to Mr. Vladimir Tenev as the firm’s Co-Founder, President, CEO & Chairman of the Board, Mr. Baiju Prafulkumar Bhatt serves as its Co-Founder & Director.
Institutional Ownership:
Through their ownership of 0.78876996 of HOOD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, HOOD reported revenue of $637000000.0 and operating income of $151000000.0. The EBITDA in the recently reported quarter was $171000000.0 and diluted EPS was $0.17.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HOOD since 18 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 5 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HOOD analysts setting a high price target of 55.0 and a low target of 20.0, the average target price over the next 12 months is 33.11765. Based on these targets, HOOD could surge 46.51% to reach the target high and fall by -46.72% to reach the target low. Reaching the average price target will result in a decline of -11.78% from current levels.
Analysts have provided yearly estimates in a range of $0.76945 being high and $0.7004 being low. For HOOD, this leads to a yearly average estimate of $0.72999.
