Honest Company Inc (HNST) concluded trading on Thursday at a closing price of $3.59, with 4.67 million shares of worth about $16.76 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.06% during that period and on October 10, 2024 the price saw a gain of about 6.85%. Currently the company’s common shares owned by public are about 95.87M shares, out of which, 63.50M shares are available for trading.
Stock saw a price change of 2.87% in past 5 days and over the past one month there was a price change of -10.03%. Year-to-date (YTD), HNST shares are showing a performance of 8.79% which increased to 204.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.06 but also hit the highest price of $4.89 during that period. The average intraday trading volume for Honest Company Inc shares is 1.38 million. The stock is currently trading -1.17% below its 20-day simple moving average (SMA20), while that difference is down -6.76% for SMA50 and it goes to 6.54% higher than SMA200.
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Honest Company Inc (NASDAQ: HNST) currently have 95.87M outstanding shares and institutions hold larger chunk of about 41.84% of that.
The stock has a current market capitalization of $359.29M and its 3Y-monthly beta is at 1.87. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 1.67 while making debt-to-equity ratio of 0.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HNST, volatility over the week remained 6.09% while standing at 4.55% over the month.
Stock’s fiscal year EPS is expected to rise by 73.81% while it is estimated to increase by 94.32% in next year. EPS is likely to grow at an annualized rate of 46.40% for next 5-years, compared to annual growth of -4.76% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on September 10, 2024 offering a Buy rating for the stock and assigned a target price of $6.50 to it. Coverage by Northland Capital stated Honest Company Inc (HNST) stock as an Outperform in their note to investors on August 06, 2024, suggesting a price target of $6 for the stock. On June 25, 2024, Loop Capital Upgrade their recommendations, while on April 04, 2024, Lake Street Initiated their ratings for the stock with a price target of $6. Stock get a Buy rating from Alliance Global Partners on February 06, 2024.
