Honest Company Inc (NASDAQ: HNST) is -25.54% lower on its value in year-to-date trading and has touched a low of $2.40 and a high of $8.97 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 $5.11 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $5.16, the stock is -11.93% and -17.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.68 million and changing 0.98% at the moment leaves the stock 10.36% off its SMA200. HNST registered 66.45% gain for a year compared to 6-month gain of 18.62%.
The stock witnessed a -19.50% loss in the last 1 month and extending the period to 3 months gives it a -36.92%, and is -7.36% 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 10.13% over the week and 6.11% over the month.
Honest Company Inc (HNST) has around 164 employees, a market worth around $561.98M and $378.34M in sales. Fwd P/E is 41.28. Profit margin for the company is -1.62%. Distance from 52-week low is 115.00% and -42.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.27%).
with sales reaching $92.3M over the same period.The EPS is expected to grow by 247.62% this year, but quarterly earnings will post 5.12% year-over-year. Quarterly sales are estimated to grow 7.05% in year-over-year returns.
Honest Company Inc (HNST) Top Institutional Holders
The shares outstanding are 109.16M, and float is at 89.27M with Short Float at 5.30%.
The top institutional shareholder in the company is CATTERTON MANAGEMENT COMPANY, L.L.C. with over 12.17 million shares valued at $35.54 million. The investor’s holdings represent 12.2829% of the HNST Shares outstanding. As of 2024-06-30, the second largest holder is PORTOLAN CAPITAL MANAGEMENT, LLC with 8.11 million shares valued at $$23.67 million to account for 8.1807 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.98 million shares representing 5.17% and valued at over $14.53 million, while VANGUARD GROUP INC holds 3.6778 of the shares totaling 3.54 million with a market value of $10.34 million.
Honest Company Inc (HNST) Insider Activity
A total of 0 insider transactions have happened at Honest Company Inc (HNST) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Warren Jessica,the company’sDirector. SEC filings show that Warren Jessica sold 465,000 shares of the company’s common stock on Dec 10 ’24 at a price of $7.55 per share for a total of $3.51 million. Following the sale, the insider now owns 1.17 million shares.
Still, SEC filings show that on Nov 27 ’24, Sheehey Brendan (General Counsel) disposed off 92,138 shares at an average price of $8.13 for $0.75 million. The insider now directly holds 516,816 shares of Honest Company Inc (HNST).
Honest Company Inc (HNST): Who are the competitors?
The company’s main competitors (and peers) include Moelis & Co. (MC) that is trading 24.25% up over the past 12 months. Johnson & Johnson (JNJ) that is 3.82% higher over the same period.
