The Stock Of The Week: Hippo Holdings Inc. (HIPO)

As of Wednesday close, Hippo Holdings Inc.’s (NYSE:HIPO) stock was up $0.01, moving up 1.08 percent to $0.92. The average number of shares traded per day over the past five days has been 2,146,940 shares. 3 times new highs have been achieved over the past 5 days, with a $0.0093 gain in that time frame. In the last twenty days, the average volume was 2,294,740, while in the previous 50 days, it was 2,099,548.

Since last month, HIPO stock retreated -36.56%. Shares of the company fell to $0.8768 on 06/16/22, the lowest level in the past month. A 52-week high of $10.82 was reached on 01/03/22 after having rallying from a 52-week low of $0.88. Since the beginning of this year, HIPO’s stock price has dropped by -67.49% or -$1.9101, and marked a new high 1 time. However, the stock has declined by -91.50% since its 52-week high.

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Hippo Holdings Inc. (HIPO) last reported insider trading activity 211 days ago on Nov 24. McCathron Richard, the President of the company, purchased of 27,000 shares for $3.75 on Nov 24. It resulted in a $101,299 investment by the insider. Landman Sam added 6,000 shares at an average price of $3.72 on Nov 19. The insider now owns 11,813 shares following the transaction. On Nov 19, Wand Assaf bought 40,650 shares at $3.70 apiece. The transaction was valued at $150,588.

Financial Health

Based on annual data, HIPO earned -$367.2 million in gross profit and brought in $91.2 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -19.70%. Return on equity (ROE) for the past 12 months was -46.50%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. HIPO’s revenue rose 100.0% to $69.9 million during the quarter, while net income inched up to $24.5 million. While analysts expected Hippo Holdings Inc. to report -$0.07 quarterly earnings, the actual figure was -$0.11 per share, beating the consensus estimate by -57.10%. During the quarter, the company generated -$63.4 million in EBITDA. The value of shareholders’ equity is $568.1 million.

Technical Picture

This quick technical analysis looks at Hippo Holdings Inc.’s (HIPO) price momentum. With a historical volatility rate of 77.64%, the RSI 9-day stood at 24.66% on 22 June.

With respect to its five-day moving average, the current Hippo Holdings Inc. price is up by +1.02% percent or $0.0093. At present, HIPO shares trade -34.76% below its 20-day simple moving average and -52.83% percent below its 100-day simple moving average. However, the stock is currently trading approximately -51.33% below its SMA50 and -82.41% below its SMA200.

Stochastic coefficient K was 8.31% and Stochastic coefficient D was 9.09%, while ATR was 0.0879. Given the Stochastic reading of 7.39% for the 14-day period, the RSI (14) reading has been calculated as 26.73%. As of today, the MACD Oscillator reading stands at -0.0376, while the 14-day reading stands at -0.1729.

Analyst Ratings

JMP Securities launched its rating on Hippo Holdings Inc. (NYSE: HIPO) to a Mkt outperform in a note to investors on February 09, 2022. Hippo Holdings Inc. (HIPO) has been rated Overweight by analysts. According to 0 brokerage firms, HIPO is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Hippo Holdings Inc. stock as buy, with 3 recommending it as overweight.

With a median target price of $3.88, the current consensus forecast for the stock is $3.00 – $4.50. Based on these forecasts, analysts predict Hippo Holdings Inc. (HIPO) will achieve an average price target of $3.82.


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