Hims & Hers Health Inc (HIMS) is expecting 54.26% growth in the next quarter: What can investors do to maximize their returns?

On Monday, Hims & Hers Health Inc (NYSE: HIMS) opened lower -5.30% from the last session, before settling in for the closing price of $13.96. Price fluctuations for HIMS have ranged from $5.65 to $17.16 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 60.52% over the last five years. Company’s average yearly earnings per share was noted 196.47% at the time writing. With a float of $139.59 million, this company’s outstanding shares have now reached $205.10 million.

The firm has a total of 1046 workers. Let’s measure their productivity.

Hims & Hers Health Inc (HIMS) Insider Activity

A key investor’s attitude towards the stock of the Household & Personal Products industry is another important factor to consider. The insider ownership of Hims & Hers Health Inc is 34.85%, while institutional ownership is 38.60%. The most recent insider transaction that took place on Apr 08 ’24, was worth 173,254. In this transaction Chief Operating Officer of this company sold 11,751 shares at a rate of $14.74, taking the stock ownership to the 538,932 shares. Before that another transaction happened on Apr 05 ’24, when Company’s Chief Operating Officer sold 11,751 for $14.58, making the entire transaction worth $171,372. This insider now owns 538,932 shares in total.

Hims & Hers Health Inc (HIMS) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 196.47% per share during the next fiscal year.

Hims & Hers Health Inc (NYSE: HIMS) Trading Performance Indicators

Check out the current performance indicators for Hims & Hers Health Inc (HIMS). In the past quarter, the stock posted a quick ratio of 2.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.25. Likewise, its price to free cash flow for the trailing twelve months is 60.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.41 in one year’s time.

Technical Analysis of Hims & Hers Health Inc (HIMS)

Analysing the last 5-days average volume posted by the [Hims & Hers Health Inc, HIMS], we can find that recorded value of 4.4 million was lower than the volume posted last year of 4.69 million. As of the previous 9 days, the stock’s Stochastic %D was 12.30%. Additionally, its Average True Range was 0.82.

During the past 100 days, Hims & Hers Health Inc’s (HIMS) raw stochastic average was set at 59.21%, which indicates a significant increase from 1.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.66% in the past 14 days, which was lower than the 67.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.14, while its 200-day Moving Average is $9.01. Now, the first resistance to watch is $13.77. This is followed by the second major resistance level at $14.32. The third major resistance level sits at $14.62. If the price goes on to break the first support level at $12.92, it is likely to go to the next support level at $12.62. Should the price break the second support level, the third support level stands at $12.07.

Hims & Hers Health Inc (NYSE: HIMS) Key Stats

There are currently 214,250K shares outstanding in the company with a market cap of 2.83 billion. Presently, the company’s annual sales total 872,000 K according to its annual income of -23,550 K. Last quarter, the company’s sales amounted to 246,620 K and its income totaled 1,250 K.