Honest Company Inc (HNST) concluded trading on Wednesday at a closing price of $5.68, with 4.39 million shares of worth about $24.93 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 25.66% during that period and on Wednesday the price saw a gain of about 1.97%. Currently the company’s common shares owned by public are about 101.20M shares, out of which, 82.75M shares are available for trading.
Stock saw a price change of -8.24% in past 5 days and over the past one month there was a price change of -5.96%. Year-to-date (YTD), HNST shares are showing a performance of -18.04% which increased to 63.69% 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 2.58 million. The stock is currently trading -6.92% below its 20-day simple moving average (SMA20), while that difference is down -10.89% for SMA50 and it goes to 22.55% higher than SMA200.
Honest Company Inc (NASDAQ: HNST) currently have 101.20M outstanding shares and institutions hold larger chunk of about 66.60% of that.
The stock has a current market capitalization of $573.46M and its 3Y-monthly beta is at 2.45. 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 5.50% while standing at 4.99% over the month.
Stock’s fiscal year EPS is expected to rise by 194.43% while it is estimated to increase by 131.35% in next year.
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 January 10, 2025 offering a Market perform rating for the stock and assigned a target price range of between $6 and $7 to it. Coverage by Loop Capital stated Honest Company Inc (HNST) stock as a Hold in their note to investors on December 17, 2024, suggesting a price target of $7 for the stock. On November 13, 2024, Telsey Advisory Group Reiterated their recommendations, while on November 13, 2024, Alliance Global Partners Reiterated their ratings for the stock with a price target of $8. Stock get a Buy rating from B. Riley Securities on September 10, 2024.
