With 29.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 22.69 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $50.64 whereas the lowest price it dropped to was $48.15. The 52-week range on HOOD shows that it touched its highest point at $49.27 and its lowest point at $10.38 during that stretch. It currently has a 1-year price target of $50.06. Beta for the stock currently stands at 2.10.
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 26.29%, but this was up by 20.11% over a month. Three-month performance surged to 89.97% while six-month performance rose 113.58%. The stock gained 368.60% in the past year, while it has gained 34.19% so far this year. A look at the trailing 12-month EPS for HOOD yields 0.59 with Next year EPS estimates of 1.18. For the next quarter, that number is 0.43. This implies an EPS growth rate of 252.35% for this year and 27.01% 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, 761.99 million HOOD shares are outstanding with a float of 600.17 million shares on hand for trading. On 2024-12-31, short shares totaled 14.81 million, which was 168.0 higher than short shares on 1732838400. 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 0.79208 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 64.0 and a low target of 29.0, the average target price over the next 12 months is 49.76471. Based on these targets, HOOD could surge 28.0% to reach the target high and fall by -42.0% to reach the target low. Reaching the average price target will result in a decline of -0.47% from current levels.
Analysts have provided yearly estimates in a range of $1.05189 being high and $0.74551 being low. For HOOD, this leads to a yearly average estimate of $0.92934. Based on analyst estimates, the high estimate for the next quarter is $0.45 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.37.
