In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Hims & Hers Health Inc’s stock clocked out at $26.69, down -4.27% from its previous closing price of $27.88. In other words, the price has decreased by -$4.27 from its previous closing price. On the day, 15.58 million shares were traded. HIMS stock price reached its highest trading level at $28.37 during the session, while it also had its lowest trading level at $26.16.
Ratios:
To gain a deeper understanding of HIMS’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 22.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Needham on August 22, 2024, initiated with a Buy rating and assigned the stock a target price of $24.
Citigroup Downgraded its Buy to Neutral on May 22, 2024, whereas the target price for the stock was revised from $16 to $20.
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 Nov 12 ’24 when Boughton Soleil bought 2,338 shares for $26.46 per share.
Carroll Patrick Harrison bought 4,707 shares of HIMS for $132,926 on Nov 11 ’24. On Nov 11 ’24, another insider, Chi Michael, who serves as the Officer of the company, bought 7,259 shares for $24.77 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIMS now has a Market Capitalization of 5831204864 and an Enterprise Value of 5848484864. As of this moment, Hims’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.74, and their Forward P/E ratio for the next fiscal year is 28.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.70 while its Price-to-Book (P/B) ratio in mrq is 13.21. Its current Enterprise Value per Revenue stands at 4.709 whereas that against EBITDA is 97.928.
Stock Price History:
Over the past 52 weeks, HIMS has reached a high of $29.68, while it has fallen to a 52-week low of $6.68. The 50-Day Moving Average of the stock is 38.61%, while the 200-Day Moving Average is calculated to be 58.24%.
Shares Statistics:
It appears that HIMS traded 10.98M shares on average per day over the past three months and 22213290 shares per day over the past ten days. A total of 205.10M shares are outstanding, with a floating share count of 177.16M. Insiders hold about 18.91% of the company’s shares, while institutions hold 57.38% stake in the company. Shares short for HIMS as of 1728950400 were 31873201 with a Short Ratio of 3.08, compared to 1726185600 on 26537491. Therefore, it implies a Short% of Shares Outstanding of 31873201 and a Short% of Float of 16.68.