Don't Buy Robinhood Markets Before Checking Its Fundamentals!

By Scott Lee • Thursday, October 31 10:10 • Permanent Link

Robinhood Markets sank -13.2% today, compared to the S&P 500's day change of -1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Robinhood Markets has moved 197.6% over the last year, and the S&P 500 logged a change of 34.6%
HOOD has an average analyst rating of buy and is -4.36% away from its mean target price of $25.59 per share
Its trailing earnings per share (EPS) is $0.31
Robinhood Markets has a trailing 12 month Price to Earnings (P/E) ratio of 79.0 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $0.76 and its forward P/E ratio is 32.2
The company has a Price to Book (P/B) ratio of 3.0 in contrast to the S&P 500's average ratio of 4.74
Robinhood Markets is part of the Finance sector, which has an average P/E ratio of 20.04 and an average P/B of 1.86
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.