Robinhood Markets Inc (NASDAQ: HOOD): Retirees Don’t Worry About Volatility

Robinhood Markets Inc (NASDAQ:HOOD) currently has a daily average trading volume of 14.28M but it saw 10140938 shares traded in last market. With a market cap of 23.62B USD, the company’s current market price of $26.70 came falling about -2.59 while comparing to the previous closing price of $27.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.60 and as low as $7.91. In the recent trading on the day, stock has struck highest price mark of $26.28 while lowest mark touched by it was $27.3856.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which upgraded the stock as “Equal Weight” in its note to investors issued on September 06, 2024, recommending a price target of between $18 and $20 for it. Deutsche Bank upgraded its recommendation for the stock as a “Buy” from “Hold” on August 15, 2024 while assigning a price target range of $21-$24. Piper Sandler also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $20 and $23.

Over the week, HOOD’s stock price is moving -0.85% down while it is 17.26% when we observe its performance for the past one month. Year-to-date it is 109.58% up and over the past year, the stock is showing an upside performance of 191.17%.

Currently, Robinhood Markets Inc’s total number of outstanding shares is 745.40M. Company’s return on investment (ROI) stands at 4.02% and return on equity (ROE) at 4.05%. It has a price to earnings ratio (P/E ratio) of 81.85 while having a 35.62 of forward P/E ratio. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 3.32 while price to sale or P/S ratio amounts to 10.44. Its return on asset (ROA) is 0.83% on average.