Honest Company Inc (NASDAQ: HNST): To Buy Or Not To Buy, That Is The Question

Honest Company Inc (HNST) concluded trading on Wednesday at a closing price of $4.80, with 4.36 million shares of worth about $20.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.66% during that period and on May 07, 2025 the price saw a loss of about -3.23%. Currently the company’s common shares owned by public are about 109.16M shares, out of which, 92.73M shares are available for trading.

Stock saw a price change of 0.21% in past 5 days and over the past one month there was a price change of 11.37%. Year-to-date (YTD), HNST shares are showing a performance of -30.74% which increased to 68.42% 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 2.52 million. The stock is currently trading 3.40% above its 20-day simple moving average (SMA20), while that difference is down -0.20% for SMA50 and it goes to -5.97% lower than SMA200.

Honest Company Inc (NASDAQ: HNST) currently have 109.16M outstanding shares and institutions hold larger chunk of about 61.90% of that.

The stock has a current market capitalization of $529.10M and its 3Y-monthly beta is at 2.43. It has posted earnings per share of -$0.06 in the same period. It has Quick Ratio of 2.14 while making debt-to-equity ratio of 0.12. 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 3.75% while standing at 5.20% over the month.

Stock’s fiscal year EPS is expected to rise by 233.78% while it is estimated to increase by 54.97% 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.

Most Popular

Related Posts