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Hims & Hers Health Inc (NYSE: HIMS) closed the day trading at $23.59 up 2.34% from the previous closing price of $23.05. In other words, the price has increased by $2.34 from its previous closing price. On the day, 7.39 million shares were traded. HIMS stock price reached its highest trading level at $23.74 during the session, while it also had its lowest trading level at $22.56.
Ratios:
For a better understanding of HIMS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.05. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 21 ’24 when Chi Michael sold 7,500 shares for $22.20 per share. The transaction valued at 166,500 led to the insider holds 193,980 shares of the business.
Chi Michael bought 7,500 shares of HIMS for $166,500 on Oct 21 ’24. On Oct 15 ’24, another insider, Boughton Soleil, who serves as the Chief Legal Officer of the company, sold 2,339 shares for $20.41 each. As a result, the insider received 47,739 and left with 172,274 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 5105960960 and an Enterprise Value of 4787874304. As of this moment, Hims’s Price-to-Earnings (P/E) ratio for their current fiscal year is 315.37, and their Forward P/E ratio for the next fiscal year is 31.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.78 while its Price-to-Book (P/B) ratio in mrq is 14.13. Its current Enterprise Value per Revenue stands at 4.487 whereas that against EBITDA is 178.725.
Stock Price History:
Over the past 52 weeks, HIMS has reached a high of $25.74, while it has fallen to a 52-week low of $5.65. The 50-Day Moving Average of the stock is 36.64%, while the 200-Day Moving Average is calculated to be 48.88%.
Shares Statistics:
Over the past 3-months, HIMS traded about 9.79M shares per day on average, while over the past 10 days, HIMS traded about 14433690 shares per day. A total of 205.10M shares are outstanding, with a floating share count of 173.93M. Insiders hold about 19.64% of the company’s shares, while institutions hold 57.00% stake in the company. Shares short for HIMS as of 1727654400 were 24764222 with a Short Ratio of 2.53, compared to 1724976000 on 28036129. Therefore, it implies a Short% of Shares Outstanding of 24764222 and a Short% of Float of 13.05.
