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The closing price of Honest Company Inc (NASDAQ: HNST) was $6.03 for the day, down -2.58% from the previous closing price of $6.19. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 2.11 million shares were traded.
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 11.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.86. 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 4.56.
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 -7.76%, while the 200-Day Moving Average is calculated to be 31.69%.
Shares Statistics:
A total of 101.20M shares are outstanding, with a floating share count of 82.73M. Insiders hold about 18.05% of the company’s shares, while institutions hold 66.60% stake in the company.
