Hims & Hers Health Inc (NYSE: HIMS) on November 20, 2023, started off the session at the price of $7.50, soaring 3.61% from the previous trading day. During the day, the shares moved up to $7.775 and dropped to $7.50 before settling in for the closing price of $7.47. Within the past 52 weeks, HIMS’s price has moved between $5.61 and $12.34.
A company in the Consumer Defensive sector has jumped its sales by 58.86% annually for the last half of the decade. The company achieved an average annual earnings per share of 60.02%. With a float of $135.77 million, this company’s outstanding shares have now reached $200.05 million.
In an organization with 651 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +76.15, operating margin of -13.00, and the pretax margin is -12.47.
Hims & Hers Health Inc (HIMS) Insider and Institutional Ownership
Observing investor behavior towards Household & Personal Products industry stocks is more important than anything else. The insider ownership of Hims & Hers Health Inc is 35.96%, while institutional ownership is 39.45%. The most recent insider transaction that took place on Nov 08, was worth 64,735. In this transaction Chief Operating Officer of this company sold 9,133 shares at a rate of $7.09, taking the stock ownership to the 403,849 shares. Before that another transaction happened on Nov 07, when Company’s Chief Operating Officer sold 9,133 for $7.07, making the entire transaction worth $64,539. This insider now owns 403,849 shares in total.
Hims & Hers Health Inc (HIMS) Latest Financial update
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.04 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.03) by -$0.01. This company achieved a net margin of -12.46 while generating a return on equity of -20.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.02% per share during the next fiscal year.
Hims & Hers Health Inc (NYSE: HIMS) Trading Performance Indicators
Hims & Hers Health Inc (HIMS) is currently performing well based on its current performance indicators. A quick ratio of 2.76 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.07. Likewise, its price to free cash flow for the trailing twelve months is 61.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Hims & Hers Health Inc (HIMS)
Let’s dig in a bit further. During the last 5-days, its volume was 2.91 million. That was inferior than the volume of 2.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.31%. Additionally, its Average True Range was 0.36.
During the past 100 days, Hims & Hers Health Inc’s (HIMS) raw stochastic average was set at 52.78%, which indicates a significant decrease from 92.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.85% in the past 14 days, which was higher than the 43.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.41, while its 200-day Moving Average is $8.46. However, in the short run, Hims & Hers Health Inc’s stock first resistance to watch stands at $7.84. Second resistance stands at $7.95. The third major resistance level sits at $8.12. If the price goes on to break the first support level at $7.57, it is likely to go to the next support level at $7.40. The third support level lies at $7.29 if the price breaches the second support level.
Hims & Hers Health Inc (NYSE: HIMS) Key Stats
Market capitalization of the company is 1.64 billion based on 211,993K outstanding shares. Right now, sales total 526,920 K and income totals -65,680 K. The company made 226,700 K in profit during its latest quarter, and -7,570 K in sales during its previous quarter.