Analyzing Ratios: Hims & Hers Health Inc (HIMS)’s Financial Story Unveiled

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The price of Hims & Hers Health Inc (NYSE: HIMS) closed at $15.58 in the last session, down -0.83% from day before closing price of $15.71. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 6.19 million shares were traded. HIMS stock price reached its highest trading level at $15.7999 during the session, while it also had its lowest trading level at $15.3524.

Ratios:

We take a closer look at HIMS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.79. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.

On May 22, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $16 to $20.

Jefferies Downgraded its Buy to Hold on April 16, 2024, whereas the target price for the stock was revised from $17 to $15.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when Becklund Irene bought 472 shares for $15.66 per share.

Boughton Soleil sold 2,334 shares of HIMS for $40,378 on Aug 06 ’24. The Chief Legal Officer now owns 164,475 shares after completing the transaction at $17.30 per share. On Aug 05 ’24, another insider, Dudum Andrew, who serves as the Chief Executive Officer of the company, sold 188,888 shares for $16.47 each. As a result, the insider received 3,110,912 and left with 33,502 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIMS now has a Market Capitalization of 3382106368 and an Enterprise Value of 3166287360. As of this moment, Hims’s Price-to-Earnings (P/E) ratio for their current fiscal year is 208.29, and their Forward P/E ratio for the next fiscal year is 28.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.17 while its Price-to-Book (P/B) ratio in mrq is 9.33. Its current Enterprise Value per Revenue stands at 2.967 whereas that against EBITDA is 118.194.

Stock Price History:

Over the past 52 weeks, HIMS has reached a high of $25.74, while it has fallen to a 52-week low of $5.65. The 50-Day Moving Average of the stock is -24.55%, while the 200-Day Moving Average is calculated to be 14.15%.

Shares Statistics:

According to the various share statistics, HIMS traded on average about 11.76M shares per day over the past 3-months and 12020440 shares per day over the past 10 days. A total of 205.10M shares are outstanding, with a floating share count of 163.98M. Insiders hold about 29.34% of the company’s shares, while institutions hold 57.73% stake in the company. Shares short for HIMS as of 1722384000 were 19258267 with a Short Ratio of 1.64, compared to 1719532800 on 17561078. Therefore, it implies a Short% of Shares Outstanding of 19258267 and a Short% of Float of 10.13.

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