Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Honest Company Inc’s stock clocked out at $6.25, up 1.46% from its previous closing price of $6.16. In other words, the price has increased by $1.46 from its previous closing price. On the day, 2.07 million shares were traded. HNST stock price reached its highest trading level at $6.32 during the session, while it also had its lowest trading level at $6.07.
Ratios:
To gain a deeper understanding of HNST’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.66. 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.
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, Telsey Advisory Group on January 10, 2025, Reiterated its Market Perform rating but revised its target price to $7 from $6 previously.
On December 17, 2024, Loop Capital Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $7.
Telsey Advisory Group reiterated its Market Perform rating for the stock on November 13, 2024, while the target price for the stock was revised from $4 to $6.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 631006272 and an Enterprise Value of 601358528. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 4.72. Its current Enterprise Value per Revenue stands at 1.631 whereas that against EBITDA is -492.11.
Stock Price History:
The Beta on a monthly basis for HNST is 2.43, which has changed by 0.8388059 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. 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 -10.38%, while the 200-Day Moving Average is calculated to be 41.76%.
Shares Statistics:
It appears that HNST traded 3.50M shares on average per day over the past three months and 2376730 shares per day over the past ten days. A total of 101.20M shares are outstanding, with a floating share count of 72.93M. Insiders hold about 27.76% of the company’s shares, while institutions hold 56.18% stake in the company. Shares short for HNST as of 1736899200 were 4357151 with a Short Ratio of 1.25, compared to 1734048000 on 2583137. Therefore, it implies a Short% of Shares Outstanding of 4357151 and a Short% of Float of 5.2299999999999995.
Earnings Estimates
The stock of Honest Company Inc (HNST) is currently in the spotlight, with 2.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between -$0.07 and -$0.1 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $0.07, with 2.0 analysts recommending between $0.11 and $0.02.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $96.31M. It ranges from a high estimate of $97.5M to a low estimate of $95M. As of the current estimate, Honest Company Inc’s year-ago sales were $90.26MFor the next quarter, 7 analysts are estimating revenue of $92.96M. There is a high estimate of $97.12M for the next quarter, whereas the lowest estimate is $90.53M.
A total of 8 analysts have provided revenue estimates for HNST’s current fiscal year. The highest revenue estimate was $376M, while the lowest revenue estimate was $373.9M, resulting in an average revenue estimate of $374.89M. In the same quarter a year ago, actual revenue was $344.37MBased on 8 analysts’ estimates, the company’s revenue will be $396.74M in the next fiscal year. The high estimate is $405.3M and the low estimate is $392M.
