The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Honest Company Inc (NASDAQ: HNST) closed the day trading at $4.38 down -8.75% from the previous closing price of $4.80. In other words, the price has decreased by -$8.75 from its previous closing price. On the day, 6.5 million shares were traded.
Ratios:
For a better understanding of HNST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.95 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
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 Mar 12 ’25 when Winchell Stephen sold 20,000 shares for $4.98 per share. The transaction valued at 99,600 led to the insider holds 431,844 shares of the business.
Mayle Jonathan sold 37,481 shares of HNST for $182,532 on Mar 11 ’25. The SVP, Customer Sales now owns 307,740 shares after completing the transaction at $4.87 per share. On Mar 12 ’25, another insider, Winchell Stephen, who serves as the Officer of the company, bought 20,000 shares for $4.98 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 2.68.
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 -8.43%, while the 200-Day Moving Average is calculated to be -14.24%.
Shares Statistics:
A total of 110.49M shares are outstanding, with a floating share count of 92.73M. Insiders hold about 15.88% of the company’s shares, while institutions hold 61.90% stake in the company.
