On Tuesday, Honest Company Inc (NASDAQ: HNST) was 3.91% up from the session before settling in for the closing price of $3.84. A 52-week range for HNST has been $1.19 – $4.89.
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A company in the Consumer Defensive sector has jumped its sales by 10.48% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 75.20%. With a float of $65.69 million, this company’s outstanding shares have now reached $95.87 million.
In an organization with 176 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.11%, operating margin of -2.55%, and the pretax margin is -3.48%.
Honest Company Inc (HNST) Insider Updates
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 34.36%, while institutional ownership is 43.03%. The most recent insider transaction that took place on Sep 18 ’24, was worth 8,050,000. In this transaction 10% Owner of this company sold 2,300,000 shares at a rate of $3.50, taking the stock ownership to the 9,869,803 shares. Before that another transaction happened on Aug 21 ’24, when Company’s EVP, Operations and R&D sold 6,938 for $4.28, making the entire transaction worth $29,695. This insider now owns 414,736 shares in total.
Honest Company Inc (HNST) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.09 earnings per share (EPS) during the time that was better than consensus figure (set at -0.12) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 75.20% 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 1.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12. Likewise, its price to free cash flow for the trailing twelve months is 22.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.01 in one year’s time.
Technical Analysis of Honest Company Inc (HNST)
Let’s dig in a bit further. During the last 5-days, its volume was 1.32 million. That was better than the volume of 1.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.85%. Additionally, its Average True Range was 0.18.
During the past 100 days, Honest Company Inc’s (HNST) raw stochastic average was set at 69.74%, which indicates a significant decrease from 95.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.72% in the past 14 days, which was lower than the 64.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.81, while its 200-day Moving Average is $3.44. However, in the short run, Honest Company Inc’s stock first resistance to watch stands at $4.07. Second resistance stands at $4.16. The third major resistance level sits at $4.30. If the price goes on to break the first support level at $3.84, it is likely to go to the next support level at $3.70. Assuming the price breaks the second support level, the third support level stands at $3.61.
Honest Company Inc (NASDAQ: HNST) Key Stats
There are 100,082K outstanding shares of the company, which has a market capitalization of 399.32 million. As of now, sales total 344,370 K while income totals -39,240 K. Its latest quarter income was 93,050 K while its last quarter net income were -4,080 K.
