Market Recap Check: Hims & Hers Health Inc (HIMS)’s Positive Finish at 13.97, Up/Down 2.34

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The price of Hims & Hers Health Inc (NYSE: HIMS) closed at $13.97 in the last session, up 2.34% from day before closing price of $13.65. In other words, the price has increased by $2.34 from its previous closing price. On the day, 5.63 million shares were traded. HIMS stock price reached its highest trading level at $14.18 during the session, while it also had its lowest trading level at $13.7.

Ratios:

We take a closer look at HIMS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.88. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 03 ’24 when Okupe Oluyemi sold 11,609 shares for $14.60 per share. The transaction valued at 169,479 led to the insider holds 181,469 shares of the business.

Boughton Soleil sold 2,345 shares of HIMS for $34,354 on Sep 03 ’24. The Chief Legal Officer now owns 159,796 shares after completing the transaction at $14.65 per share. On Sep 03 ’24, another insider, Baird Melissa, who serves as the Chief Operating Officer of the company, sold 11,884 shares for $14.49 each. As a result, the insider received 172,225 and left with 585,800 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 2963134976 and an Enterprise Value of 2816788736. As of this moment, Hims’s Price-to-Earnings (P/E) ratio for their current fiscal year is 186.76, and their Forward P/E ratio for the next fiscal year is 18.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 8.37. Its current Enterprise Value per Revenue stands at 2.64 whereas that against EBITDA is 105.147.

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 -24.34%, while the 200-Day Moving Average is calculated to be -2.28%.

Shares Statistics:

According to the various share statistics, HIMS traded on average about 9.52M shares per day over the past 3-months and 6746680 shares per day over the past 10 days. A total of 205.10M shares are outstanding, with a floating share count of 164.26M. Insiders hold about 24.40% of the company’s shares, while institutions hold 57.14% stake in the company. Shares short for HIMS as of 1723680000 were 23042592 with a Short Ratio of 2.42, compared to 1721001600 on 19812630. Therefore, it implies a Short% of Shares Outstanding of 23042592 and a Short% of Float of 12.100001.

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