Hims & Hers Health Inc (NYSE: HIMS) is 199.89% higher on its value in year-to-date trading and has touched a low of $6.68 and a high of $29.68 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 $27.88 in the last trading session, with the day’s loss setting it -1.19%.
Currently trading at $26.69, the stock is 19.34% and 38.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.58 million and changing -4.27% at the moment leaves the stock 58.24% off its SMA200. HIMS registered 291.92% gain for a year compared to 6-month gain of 94.25%. The firm has a 50-day simple moving average (SMA 50) of $19.0112 and a 200-day simple moving average (SMA200) of $16.7781.
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The stock witnessed a 30.20% loss in the last 1 month and extending the period to 3 months gives it a 72.97%, and is 29.31% 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 12.11% over the week and 8.72% over the month.
Hims & Hers Health Inc (HIMS) has around 1046 employees, a market worth around $5.83B and $1.24B in sales. Current P/E ratio is 61.74 and Fwd P/E is 28.92. Profit margin for the company is 8.15%. Distance from 52-week low is 299.85% and -10.07% from its 52-week high. The company has generated returns on investments over the last 12 months (22.52%).
with sales reaching $469.33M over the same period.The EPS is expected to grow by 859.44% this year, but quarterly earnings will post 66.80% year-over-year. Quarterly sales are estimated to grow 90.70% in year-over-year returns.
Hims & Hers Health Inc (HIMS) Top Institutional Holders
417.0 institutions hold shares in Hims & Hers Health Inc (HIMS), with institutional investors hold 76.10% of the company’s shares. The shares outstanding are 205.10M, and float is at 177.16M with Short Float at 19.10%. Institutions hold 67.40% 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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Still, SEC filings show that on Nov 11 ’24, Chi Michael (Officer) Proposed Sale 7,259 shares at an average price of $24.77 for $0.18 million. The insider now directly holds shares of Hims & Hers Health Inc (HIMS).
