Honest Company Inc (HNST) concluded trading on Wednesday at a closing price of $6.52, with 4.44 million shares of worth about $28.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 159.76% during that period and on December 18, 2024 the price saw a loss of about -8.04%. Currently the company’s common shares owned by public are about 101.20M shares, out of which, 72.57M shares are available for trading.
Stock saw a price change of -8.68% in past 5 days and over the past one month there was a price change of -9.44%. Year-to-date (YTD), HNST shares are showing a performance of 97.58% which increased to 125.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.40 but also hit the highest price of $8.97 during that period. The average intraday trading volume for Honest Company Inc shares is 3.07 million. The stock is currently trading -16.02% below its 20-day simple moving average (SMA20), while that difference is up 13.81% for SMA50 and it goes to 61.88% higher than SMA200.
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 $658.27M and its 3Y-monthly beta is at 2.43. 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 7.11% while standing at 6.89% over the month.
Stock’s fiscal year EPS is expected to rise by 82.98% while it is estimated to increase by 139.71% 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 Loop Capital on December 17, 2024 offering a Hold rating for the stock and assigned a target price of $7 to it. Coverage by Telsey Advisory Group stated Honest Company Inc (HNST) stock as a Market perform in their note to investors on November 13, 2024, suggesting a price target of $6 for the stock. On November 13, 2024, Alliance Global Partners Reiterated their recommendations, while on September 10, 2024, B. Riley Securities Initiated their ratings for the stock with a price target of $6.50. Stock get an Outperform rating from Northland Capital on August 06, 2024.
