Honest Company Inc (HNST) concluded trading on Wednesday at a closing price of $3.91, with 2.88 million shares of worth about $11.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 25.72% during that period and on October 16, 2024 the price remained unchanged. 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 16.37% in past 5 days and over the past one month there was a price change of 1.82%. Year-to-date (YTD), HNST shares are showing a performance of 18.48% which increased to 234.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.07 but also hit the highest price of $4.89 during that period. The average intraday trading volume for Honest Company Inc shares is 1.54 million. The stock is currently trading 8.37% above its 20-day simple moving average (SMA20), while that difference is up 0.71% for SMA50 and it goes to 15.71% 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 42.08% of that.
The stock has a current market capitalization of $391.31M and its 3Y-monthly beta is at 1.86. 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 7.22% while standing at 4.97% over the month.
Stock’s fiscal year EPS is expected to rise by 75.20% while it is estimated to increase by 105.54% 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.
