Witnessing the stock’s movement on the chart, on Wednesday, Honest Company Inc (NASDAQ: HNST) had a quiet start as it plunged -7.26% to $3.45, before settling in for the price of $3.72 at the close. Taking a more long-term approach, HNST posted a 52-week range of $1.06-$4.89.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that the giant of the Consumer Defensive sector posted annual sales growth of 10.48% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -4.76%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 63.26%. This publicly-traded company’s shares outstanding now amounts to $95.87 million, simultaneously with a float of $59.02 million. The organization now has a market capitalization sitting at $330.82 million. At the time of writing, stock’s 50-day Moving Average stood at $3.62, while the 200-day Moving Average is $2.26.
Honest Company Inc (HNST) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Household & Personal Products industry. Honest Company Inc’s current insider ownership accounts for 38.45%, in contrast to 32.02% institutional ownership. According to the most recent insider trade that took place on Mar 18 ’24, this organization’s Chief Executive Officer sold 209,160 shares at the rate of 4.16, making the entire transaction reach 870,106 in total value, affecting insider ownership by 2,924,387. Preceding that transaction, on Mar 07 ’24, Company’s Chief Creative Officer sold 23,324 for 3.24, making the whole transaction’s value amount to 75,570. This particular insider is now the holder of 1,905,237 in total.
Honest Company Inc (HNST) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.01 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.08) by $0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
Honest Company Inc’s EPS increase for this current 12-month fiscal period is 63.26% and is forecasted to reach -0.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 46.40% through the next 5 years, which can be compared against the -4.76% growth it accomplished over the previous five years trading on the market.
Honest Company Inc (NASDAQ: HNST) Trading Performance Indicators
Let’s observe the current performance indicators for Honest Company Inc (HNST). It’s Quick Ratio in the last reported quarter now stands at 1.48. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.96. Similarly, its price to free cash flow for trailing twelve months is now 18.88.
In the same vein, HNST’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.42, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.08 at the market close of one year from today.
Technical Analysis of Honest Company Inc (HNST)
Going through the that latest performance of [Honest Company Inc, HNST]. Its last 5-days volume of 0.86 million was inferior to the volume of 0.99 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 24.75% While, its Average True Range was 0.26.
Raw Stochastic average of Honest Company Inc (HNST) in the period of the previous 100 days is set at 58.74%, which indicates a major rise in contrast to 9.65% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 52.50% that was lower than 85.02% volatility it exhibited in the past 100-days period.
