Hims & Hers Health Inc (NYSE: HIMS) is 83.15% higher on its value in year-to-date trading and has touched a low of $5.65 and a high of $25.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HIMS stock was last observed hovering at around $16.92 in the last trading session, with the day’s loss setting it -0.62%.
Currently trading at $16.30, the stock is 6.14% and -7.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.13 million and changing -3.66% at the moment leaves the stock 11.40% off its SMA200. HIMS registered 163.33% gain for a year compared to 6-month loss of -2.57%.
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The stock witnessed a -1.63% gain in the last 1 month and extending the period to 3 months gives it a -26.41%, and is -1.63% down 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 4.65% over the week and 4.99% over the month.
Hims & Hers Health Inc (HIMS) has around 1046 employees, a market worth around $3.53B and $1.07B in sales. Current P/E ratio is 217.91 and Fwd P/E is 21.93. Profit margin for the company is 1.70%. Distance from 52-week low is 188.50% and -36.67% from its 52-week high. The company has generated returns on investments over the last 12 months (4.87%).
with sales reaching $379.27M over the same period.The EPS is expected to grow by 469.09% this year, but quarterly earnings will post 58.30% year-over-year. Quarterly sales are estimated to grow 67.30% in year-over-year returns.
Hims & Hers Health Inc (HIMS) Top Institutional Holders
402.0 institutions hold shares in Hims & Hers Health Inc (HIMS), with institutional investors hold 75.64% of the company’s shares. The shares outstanding are 205.10M, and float is at 164.03M with Short Float at 17.09%. Institutions hold 66.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.47 million shares valued at $332.55 million. The investor’s holdings represent 7.7166% of the HIMS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.57 million shares valued at $294.25 million to account for 6.8278 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 6.04 million shares representing 2.8294% and valued at over $121.94 million, while STATE STREET CORP holds 2.0709 of the shares totaling 4.42 million with a market value of $89.25 million.
Hims & Hers Health Inc (HIMS) Insider Activity
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Hims & Hers Health Inc disclosed in a document filed with the SEC on Sep 17 ’24 that Boughton Soleil (Chief Legal Officer) sold a total of 2,339 shares of the company’s common stock. The trade occurred on Sep 17 ’24 and was made at $16.50 per share for $38594.0. Following the transaction, the insider now directly holds 0.18 million shares of the HIMS stock.
Still, SEC filings show that on Sep 17 ’24, Becklund Irene (PAO) disposed off 10,017 shares at an average price of $16.50 for $0.17 million. The insider now directly holds 5,116 shares of Hims & Hers Health Inc (HIMS).
