newsroom
$HOOD · Is Robinhood's $1.5 Billion Buyback a Mistake?
now playing · $HOOD
$HOOD···bearish· mediumtravis hoium
Hoyle questions Robinhood $1.5B buyback at elevated valuation
The $1.5B buyback over three years merely offsets ~$900M in stock-based compensation dilution; with P/S at 14.8x (historically 4-8.5x) and P/FCF at 41x, shares are not cheap, and…