Honest Company Inc (NASDAQ: HNST) is -8.79% lower on its value in year-to-date trading and has touched a low of $1.06 and a high of $4.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HNST stock was last observed hovering at around $2.89 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $3.01, the stock is 13.29% and 7.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 4.15% at the moment leaves the stock 13.48% off its SMA200. HNST registered 83.54% gain for a year compared to 6-month loss of 4.51%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 11.90% gain in the last 1 month and extending the period to 3 months gives it a -20.58%, and is 3.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.05% over the week and 5.29% over the month.
Honest Company Inc (HNST) has around 176 employees, a market worth around $296.91M and $347.08M in sales. Profit margin for the company is -6.27%. Distance from 52-week low is 183.96% and -38.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.08%).
The EPS is expected to grow by 71.43% this year.
Honest Company Inc (HNST) Top Institutional Holders
The shares outstanding are 95.87M, and float is at 65.36M with Short Float at 1.89%.
Honest Company Inc (HNST) Insider Activity
The most recent transaction is an insider sale by Barton Katherine,the company’sChief Growth Officer. SEC filings show that Barton Katherine sold 67,930 shares of the company’s common stock on May 21 ’24 at a price of $2.77 per share for a total of $0.19 million. Following the sale, the insider now owns 0.93 million shares.
Honest Company Inc disclosed in a document filed with the SEC on May 21 ’24 that Vernon Carla (Chief Executive Officer) sold a total of 43,317 shares of the company’s common stock. The trade occurred on May 21 ’24 and was made at $2.77 per share for $0.12 million. Following the transaction, the insider now directly holds 2.88 million shares of the HNST stock.
Still, SEC filings show that on May 21 ’24, Sternweis Thomas (SVP, Enterprise Dev. & Strat.) disposed off 10,047 shares at an average price of $2.77 for $27830.0. The insider now directly holds 237,211 shares of Honest Company Inc (HNST).
