FMP
May 17, 2024 2:33 PM - Davit Kirakosyan
Robinhood Markets (NASDAQ:HOOD) shares rose more than 5% pre-market today after BofA Securities analysts upgraded the company to Buy from Underperform, raising the price target to $24 from $14. The analysts noted that the current entry point for Robinhood is favorable, contrasting with their 2021 Underperform rating following its IPO.
They cited several reasons for the upgrade: rising retail engagement and accelerating organic growth, positive operating leverage after significant expense reductions, and an attractive valuation following increases in EBITDA and EPS.
While Interactive Brokers remains their top broker Buy, and Virtu Financial is highlighted as a stealth way to benefit from retail engagement through payment for order flow.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...