On Friday, Honest Company Inc (NASDAQ: HNST) was -0.98% down from the session before settling in for the closing price of $3.06. A 52-week range for HNST has been $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
Annual sales at Consumer Defensive sector company grew by 10.48% over the past five years. When this article was written, the company’s average yearly earnings per share was at 63.26%. With a float of $58.94 million, this company’s outstanding shares have now reached $95.87 million.
Let’s look at the performance matrix of the company that is accounted for 176 employees.
Honest Company Inc (HNST) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Honest Company Inc stocks. The insider ownership of Honest Company Inc is 38.54%, while institutional ownership is 31.89%. The most recent insider transaction that took place on Apr 19 ’24, was worth 758,095. In this transaction Chief Creative Officer of this company sold 253,815 shares at a rate of $2.99, taking the stock ownership to the 1,109,489 shares. Before that another transaction happened on Apr 18 ’24, when Company’s Chief Creative Officer sold 265,820 for $3.06, making the entire transaction worth $812,266. This insider now owns 1,363,304 shares in total.
Honest Company Inc (HNST) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 18.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.40% during the next five years compared to -4.76% drop over the previous five years of trading.
Honest Company Inc (NASDAQ: HNST) Trading Performance Indicators
You can see what Honest Company Inc (HNST) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84. Likewise, its price to free cash flow for the trailing twelve months is 16.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Honest Company Inc (HNST)
Honest Company Inc (NASDAQ: HNST) saw its 5-day average volume 1.3 million, a positive change from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 14.16%. Additionally, its Average True Range was 0.24.
During the past 100 days, Honest Company Inc’s (HNST) raw stochastic average was set at 39.22%, which indicates a significant increase from 11.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.81% in the past 14 days, which was lower than the 80.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.64, while its 200-day Moving Average is $2.31. Nevertheless, the first resistance level for the watch stands at $3.14 in the near term. At $3.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.37. If the price goes on to break the first support level at $2.91, it is likely to go to the next support level at $2.79. The third support level lies at $2.68 if the price breaches the second support level.
Honest Company Inc (NASDAQ: HNST) Key Stats
There are 97,033K outstanding shares of the company, which has a market capitalization of 290.55 million. As of now, sales total 344,370 K while income totals -39,240 K. Its latest quarter income was 90,260 K while its last quarter net income were 1,140 K.
