In the latest session, Honest Company Inc (NASDAQ: HNST) closed at $3.25 down -5.80% from its previous closing price of $3.45. On the day, 734706 shares were traded.
Ratios:
For a deeper understanding of Honest Company Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.78. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.18.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on April 04, 2024, initiated with a Buy rating and assigned the stock a target price of $6.
On February 06, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $5.75.
Telsey Advisory Group Downgraded its Outperform to Market Perform on March 17, 2023, whereas the target price for the stock was revised from $6 to $2.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 18 ’24 when Vernon Carla sold 209,160 shares for $4.16 per share. The transaction valued at 870,106 led to the insider holds 2,924,387 shares of the business.
Warren Jessica sold 23,324 shares of HNST for $75,570 on Mar 07 ’24. The Chief Creative Officer now owns 1,905,237 shares after completing the transaction at $3.24 per share. On Mar 07 ’24, another insider, Sheehey Brendan, who serves as the General Counsel of the company, sold 21,152 shares for $3.24 each. As a result, the insider received 68,532 and left with 534,620 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 2.53.
Stock Price History:
Over the past 52 weeks, HNST has reached a high of $4.89, while it has fallen to a 52-week low of $1.06.
Shares Statistics:
A total of 95.87M shares are outstanding, with a floating share count of 58.94M. Insiders hold about 38.54% of the company’s shares, while institutions hold 32.05% stake in the company.
Earnings Estimates
There are Monster Beverage Corporation different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $20.02, with high estimates of $3.25 and low estimates of $20.00.
Analysts are recommending an EPS of between $Consumer Defensive and $Real Estate for the fiscal current year, implying an average EPS of $Technology.
