Robinhood(HOOD)
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Robinhood launches platform to go after bigger, more active traders
CNBC· 2024-10-17 12:45
In this photo illustration, the Robinhood Markets, Inc. logo is displayed on a smartphone screen. Retail brokerage firm Robinhood is launching a new tool for more sophisticated traders as it looks for additional avenues for growth. The firm introduced Robinhood Legend, a desktop-based platform for active traders. The offering includes advanced charting tools for users who want to do detailed analysis of stocks. "In looking at the landscape of trading tools and by talking with active traders, we realized the ...
Robinhood's AUC Surge Fuels Growth
Seeking Alpha· 2024-10-15 14:27
Yiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: We focus on GARP/Value stocks—high-quality, reasonably priced businesses with strong moats and significant growth potential. We prioritize fundamentals and ...
This Former Market Darling Has Doubled This Year, and No One's Talking About It. Is it a Buy?
The Motley Fool· 2024-10-14 11:30
Robinhood stock is on fire. Will the good times last? Not long ago, Robinhood Markets (HOOD 3.02%) was one of the biggest stories in the stock market. The mobile-first trading app disrupted the brokerage industry, making no-commission trades the norm, and brought a new generation of investors into the market, as Robinhood's platform has been most popular with millennials and Gen Z. Robinhood was also central to the meme stock rally and crypto boom in 2021, further evidence of the impact it's had on the stoc ...
Robinhood (HOOD) Stock Jumps on Investor Day Announcement
GuruFocus· 2024-10-08 17:00
Core Viewpoint - Robinhood's shares increased by 7.25% to $25.01 following the announcement of its first Investor Day on December 4, 2024, where the company plans to outline its strategic vision and value enhancement strategies for customers and shareholders [1] Company Overview - Robinhood Markets Inc is recognized as a dynamic entity in the financial services sector, offering a modern app-based platform with services including cryptocurrency trading, fractional shares, and IPO access [2] Financial Metrics - The company's price-to-earnings (P/E) ratio is currently at 75.79, indicating potential overvaluation relative to its earnings [3] - Robinhood's Price-to-Book (P/B) ratio is 3.11, slightly above the industry median, reflecting higher growth expectations that may be difficult to achieve given its financial situation [3] Financial Stability - Robinhood's Altman Z-Score of 0.45 places it in the distress zone, suggesting possible financial instability [4] - The company's Return on Invested Capital (ROIC) is 1.26%, which is significantly lower than its Weighted Average Cost of Capital (WACC) of 12.53%, raising concerns about capital efficiency [4] Valuation Perspective - From a valuation standpoint, Robinhood is deemed "Significantly Overvalued" with a GF value of $16.45, indicating a disparity between market price and intrinsic value [5] Earnings Integrity - Despite financial challenges, Robinhood's Beneish M-Score of -2.13 suggests that the company is unlikely to be manipulating its earnings, indicating a positive aspect of its financial integrity [6]
Robinhood Announces First Investor Day on December 4, 2024
GlobeNewswire News Room· 2024-10-07 20:05
MENLO PARK, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- We plan to host Robinhood's first Investor Day on December 4, 2024 in New York City. The event will be live streamed with the option for some of our institutional and retail investors and analysts to attend in person. We'll share more about our vision for the next 10+ years and how that can drive customer and shareholder value. We also plan to answer questions from investors and analysts. For additional information, please visit our website at investors. ...
Robinhood Mulls Over Introducing UK Stock Investing for British Users
ZACKS· 2024-10-07 15:05
Robinhood Markets Inc. (HOOD) plans to offer its British users the ability to invest in U.K. stocks as the company seeks growth beyond domestic markets. The company's CEO and co-founder, Vlad Tenev, mentioned this in an interview with Bloomberg on Friday. This move, if executed, would follow the roll-out of commission-free trading by HOOD for more than 6,000 U.S.-listed stocks to U.K. investors. HOOD's Rationale Behind This Pursuit HOOD has been aiming to enter new markets in recent years to diversify its b ...
3 Mid Cap Tech Stocks Primed to Outperform (HOOD, AZPN, VRT)
ZACKS· 2024-10-04 18:11
In an environment where technology continues to reshape industries and drive growth, mid cap tech stocks offer a unique opportunity for investors. These companies are often in a sweet spot of innovation—they are mature enough to have proven business models but still small enough to generate rapid growth. In this article, we highlight three top-ranked mid cap tech stocks—Robinhood Markets ((HOOD), Aspen Technology ((AZPN), and Vertiv ((VRT)—that are positioned to outperform the broader market. With strong fu ...
Robinhood Markets, Inc. (HOOD) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-10-02 22:51
The most recent trading session ended with Robinhood Markets, Inc. (HOOD) standing at $22.63, reflecting a +1.34% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.01%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.08%. The company's stock has climbed by 15.28% in the past month, exceeding the Finance sector's loss of 0.26% and the S&P 500's gain of 1.21%. Analysts and investors alike will be keeping a close eye on the ...
Can Robinhood Markets (HOOD) Keep the Earnings Surprise Streak Alive?
ZACKS· 2024-10-02 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Robinhood Markets, Inc. (HOOD) , which belongs to the Zacks Financial - Investment Bank industry. This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 150%. For the last reported quarter, Robinhood Markets came out with earnings of $0.21 per s ...
Interest Rate Cuts Are Terrific News for These 2 Stocks, But Terrible News for Another
The Motley Fool· 2024-10-01 08:22
The Federal Reserve slashed the fed funds rate last month, and more cuts are likely on the way. The Federal Reserve wrapped up its most recent policy meeting on Sept. 18, and its Federal Open Market Committee (FOMC) decided to lower the federal funds rate (the rate commercial banks use when they borrow and lend to one another overnight) by 50 basis points. That was double the 25-basis-point adjustment the Fed normally uses, and it's likely to be a tailwind for the economy because it reduces borrowing costs ...