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After finishing at $3.88 in the prior trading day, Honest Company Inc (NASDAQ: HNST) closed at $3.71, down -4.38%. In other words, the price has decreased by -$4.38 from its previous closing price. On the day, 0.94 million shares were traded. HNST stock price reached its highest trading level at $3.97 during the session, while it also had its lowest trading level at $3.66.
Ratios:
Our goal is to gain a better understanding of HNST by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.16.
On April 04, 2024, Lake Street started tracking the stock assigning a Buy rating and 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.Alliance Global Partners initiated its Buy rating on February 06, 2024, with a $5.75 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’24 when Barton Katherine sold 67,930 shares for $2.77 per share. The transaction valued at 188,166 led to the insider holds 933,005 shares of the business.
Vernon Carla sold 43,317 shares of HNST for $119,988 on May 21 ’24. The Chief Executive Officer now owns 2,881,070 shares after completing the transaction at $2.77 per share. On May 21 ’24, another insider, Sternweis Thomas, who serves as the SVP, Enterprise Dev. & Strat. of the company, sold 10,047 shares for $2.77 each. As a result, the insider received 27,830 and left with 237,211 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, HNST now has a Market Capitalization of 365945856 and an Enterprise Value of 360227808. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 1.038 whereas that against EBITDA is -18.919.
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. The 50-Day Moving Average of the stock is 25.64%, while the 200-Day Moving Average is calculated to be 31.39%.
Shares Statistics:
The stock has traded on average 1.17M shares per day over the past 3-months and 1665730 shares per day over the last 10 days, according to various share statistics. A total of 95.87M shares are outstanding, with a floating share count of 65.36M. Insiders hold about 33.74% of the company’s shares, while institutions hold 38.90% stake in the company. Shares short for HNST as of 1721001600 were 3026810 with a Short Ratio of 2.58, compared to 1718323200 on 1233740. Therefore, it implies a Short% of Shares Outstanding of 3026810 and a Short% of Float of 3.74.
