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Honest Company Inc (NASDAQ: HNST) closed the day trading at $6.68 down -3.05% from the previous closing price of $6.89. In other words, the price has decreased by -$3.05 from its previous closing price. On the day, 3.06 million shares were traded. HNST stock price reached its highest trading level at $6.88 during the session, while it also had its lowest trading level at $6.575.
Ratios:
For a better understanding of HNST, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.11.
On November 13, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $4 to $6.
Alliance Global Partners reiterated its Buy rating for the stock on November 13, 2024, while the target price for the stock was revised from $5.75 to $8.
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 Dec 10 ’24 when Warren Jessica sold 465,000 shares for $7.55 per share. The transaction valued at 3,510,750 led to the insider holds 1,170,058 shares of the business.
Jessica Warren bought 465,000 shares of HNST for $3,510,750 on Dec 10 ’24. On Nov 27 ’24, another insider, Sheehey Brendan, who serves as the General Counsel of the company, sold 92,138 shares for $8.13 each. As a result, the insider received 748,818 and left with 516,816 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 674419456 and an Enterprise Value of 665973824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 5.05. Its current Enterprise Value per Revenue stands at 1.806 whereas that against EBITDA is -544.987.
Stock Price History:
Over the past 52 weeks, HNST has reached a high of $8.97, while it has fallen to a 52-week low of $2.40. The 50-Day Moving Average of the stock is 12.81%, while the 200-Day Moving Average is calculated to be 64.09%.
Shares Statistics:
Over the past 3-months, HNST traded about 3.17M shares per day on average, while over the past 10 days, HNST traded about 3572760 shares per day. A total of 101.20M shares are outstanding, with a floating share count of 72.57M. Insiders hold about 28.12% of the company’s shares, while institutions hold 49.55% stake in the company. Shares short for HNST as of 1732838400 were 1484913 with a Short Ratio of 0.47, compared to 1730332800 on 1997326. Therefore, it implies a Short% of Shares Outstanding of 1484913 and a Short% of Float of 1.78.
