Market Insights: Hims & Hers Health Inc (HIMS)’s Notable Drop of -7.34, Closing at 19.32

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As of close of business last night, Hims & Hers Health Inc’s stock clocked out at $19.32, down -7.34% from its previous closing price of $20.85. In other words, the price has decreased by -$7.34 from its previous closing price. On the day, 32.23 million shares were traded. HIMS stock price reached its highest trading level at $21.38 during the session, while it also had its lowest trading level at $19.1501.

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 15.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.14. 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.

On August 22, 2024, Needham started tracking the stock assigning a Buy rating and target price of $24.

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 Manuel Anja bought 4,000 shares for $26.94 per share. The transaction valued at 107,760 led to the insider holds 4,000 shares of the business.

Manuel Anja bought 1,000 shares of HIMS for $24,500 on Nov 14 ’24. The Director now owns 5,000 shares after completing the transaction at $24.50 per share. On Nov 13 ’24, another insider, Okupe Oluyemi, who serves as the Chief Financial Officer of the company, sold 142,886 shares for $29.93 each. As a result, the insider received 4,276,609 and left with 112,186 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, HIMS now has a Market Capitalization of 4221014272 and an Enterprise Value of 3978303488. As of this moment, Hims’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.69, and their Forward P/E ratio for the next fiscal year is 21.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.15 while its Price-to-Book (P/B) ratio in mrq is 9.56. Its current Enterprise Value per Revenue stands at 3.203 whereas that against EBITDA is 66.614.

Stock Price History:

Over the past 52 weeks, HIMS has reached a high of $30.44, while it has fallen to a 52-week low of $7.40. The 50-Day Moving Average of the stock is -2.21%, while the 200-Day Moving Average is calculated to be 13.16%.

Shares Statistics:

It appears that HIMS traded 12.17M shares on average per day over the past three months and 29941560 shares per day over the past ten days. A total of 205.10M shares are outstanding, with a floating share count of 177.18M. Insiders hold about 18.91% of the company’s shares, while institutions hold 56.08% stake in the company. Shares short for HIMS as of 1730332800 were 33843786 with a Short Ratio of 2.78, compared to 1727654400 on 24764222. Therefore, it implies a Short% of Shares Outstanding of 33843786 and a Short% of Float of 17.709999.

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