Honest Company Inc (HNST) concluded trading on Thursday at a closing price of $8.40, with 3.09 million shares of worth about $25.98 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 224.32% during that period and on December 05, 2024 the price saw a gain of about 1.45%. Currently the company’s common shares owned by public are about 101.20M shares, out of which, 72.32M shares are available for trading.
Stock saw a price change of 2.69% in past 5 days and over the past one month there was a price change of 110.53%. Year-to-date (YTD), HNST shares are showing a performance of 154.55% which increased to 258.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.22 but also hit the highest price of $8.97 during that period. The average intraday trading volume for Honest Company Inc shares is 2.75 million. The stock is currently trading 18.61% above its 20-day simple moving average (SMA20), while that difference is up 66.39% for SMA50 and it goes to 118.49% higher than SMA200.
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Honest Company Inc (NASDAQ: HNST) currently have 101.20M outstanding shares and institutions hold larger chunk of about 49.55% of that.
The stock has a current market capitalization of $848.08M and its 3Y-monthly beta is at 2.42. It has posted earnings per share of -$0.04 in the same period. It has Quick Ratio of 1.64 while making debt-to-equity ratio of 0.18. 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 6.41% while standing at 7.99% over the month.
Stock’s fiscal year EPS is expected to rise by 82.99% while it is estimated to increase by 140.00% 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 Telsey Advisory Group on November 13, 2024 offering a Market perform rating for the stock and assigned a target price range of between $4 and $6 to it. Coverage by Alliance Global Partners stated Honest Company Inc (HNST) stock as a Buy in their note to investors on November 13, 2024, suggesting a price target of $8 for the stock. On September 10, 2024, B. Riley Securities Initiated their recommendations, while on August 06, 2024, Northland Capital Initiated their ratings for the stock with a price target of $6. Stock get a Buy rating from Loop Capital on June 25, 2024.
