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The closing price of Honest Company Inc (NASDAQ: HNST) was $3.97 for the day, up 12.15% from the previous closing price of $3.54. In other words, the price has increased by $12.15 from its previous closing price. On the day, 3.15 million shares were traded. HNST stock price reached its highest trading level at $4.13 during the session, while it also had its lowest trading level at $3.62.
Ratios:
Our analysis of HNST’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.64. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 391591648 and an Enterprise Value of 385873632. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 1.111 whereas that against EBITDA is -20.265.
Stock Price History:
The Beta on a monthly basis for HNST is 1.90, which has changed by 1.4968553 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. 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 40.63%, while the 200-Day Moving Average is calculated to be 45.99%.
Shares Statistics:
HNST traded an average of 1.07M shares per day over the past three months and 1318560 shares per day over the past ten days. 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 38.63% stake in the company. Shares short for HNST as of 1719532800 were 1321296 with a Short Ratio of 1.23, compared to 1717113600 on 1441990. Therefore, it implies a Short% of Shares Outstanding of 1321296 and a Short% of Float of 1.63.
