The Honest Company Inc. (NASDAQ: HNST) kicked off on August 04, 2022, at the price of $3.55, down -1.97% from the previous trading day. During the day, the shares moved up to $3.67 and dropped to $3.46 before settling in for the closing price of $3.55. Over the past 52 weeks, HNST has traded in a range of $2.54-$14.33.
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While this was happening, its average annual earnings per share was recorded -165.80%. With a float of $85.59 million, this company’s outstanding shares have now reached $91.54 million.
In an organization with 187 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +33.67, operating margin of -11.56, and the pretax margin is -12.11.
The Honest Company Inc. (HNST) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of The Honest Company Inc. is 5.20%, while institutional ownership is 61.70%. The most recent insider transaction that took place on Jul 28, was worth 3,823. In this transaction EVP and CFO of this company sold 1,169 shares at a rate of $3.27, taking the stock ownership to the 623,234 shares. Before that another transaction happened on May 20, when Company’s Chief Innovation Officer sold 2,389 for $3.17, making the entire transaction worth $7,573. This insider now owns 203,651 shares in total.
The Honest Company Inc. (HNST) Latest Financial update
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported -$0.16 earnings per share (EPS), lower than consensus estimate (set at -$0.15) by -$0.01. This company achieved a net margin of -3.04 while generating a return on equity of -6.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -165.80% per share during the next fiscal year.
The Honest Company Inc. (NASDAQ: HNST) Trading Performance Indicators
Take a look at The Honest Company Inc.’s (HNST) current performance indicators. Last quarter, stock had a quick ratio of 2.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.52, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of The Honest Company Inc. (HNST)
Let’s dig in a bit further. During the last 5-days, its volume was 1.03 million. That was inferior than the volume of 1.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.43%. Additionally, its Average True Range was 0.25.
During the past 100 days, The Honest Company Inc.’s (HNST) raw stochastic average was set at 25.97%, which indicates a significant decrease from 46.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.77% in the past 14 days, which was higher than the 81.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.22, while its 200-day Moving Average is $5.64. However, in the short run, The Honest Company Inc.’s stock first resistance to watch stands at $3.61. Second resistance stands at $3.75. The third major resistance level sits at $3.82. If the price goes on to break the first support level at $3.40, it is likely to go to the next support level at $3.33. The third support level lies at $3.19 if the price breaches the second support level.
The Honest Company Inc. (NASDAQ: HNST) Key Stats
The company with the Market Capitalisation of 315.81 million has total of 92,128K Shares Outstanding. Its annual sales at the moment are 318,640 K in contrast with the sum of -38,680 K annual income. Company’s last quarter sales were recorded 68,720 K and last quarter income was -14,630 K.