Honest Company Inc (NASDAQ: HNST) kicked off on Friday, up 6.31% from the previous trading day, before settling in for the closing price of $6.50. Over the past 52 weeks, HNST has traded in a range of $1.40-$6.77.
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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. While this was happening, its average annual earnings per share was recorded 82.99%. With a float of $66.27 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 36.9%, operating margin of -0.81%, and the pretax margin is -1.12%.
Honest Company Inc (HNST) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Household & Personal Products Industry. The insider ownership of Honest Company Inc is 34.36%, while institutional ownership is 49.44%. The most recent insider transaction that took place on Nov 15 ’24, was worth 136,500. Before that another transaction happened on Sep 18 ’24, when Company’s 10% Owner sold 2,300,000 for $3.50, making the entire transaction worth $8,050,000. This insider now owns 9,869,803 shares in total.
Honest Company Inc (HNST) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 82.99% 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
Take a look at Honest Company Inc’s (HNST) current performance indicators. Last quarter, stock had a quick ratio of 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.01. Likewise, its price to free cash flow for the trailing twelve months is 26.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.03 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 9.18 million. That was better than the volume of 1.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.63%. Additionally, its Average True Range was 0.39.
During the past 100 days, Honest Company Inc’s (HNST) raw stochastic average was set at 94.92%, which indicates a significant increase from 93.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.27% in the past 14 days, which was higher than the 74.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.96, while its 200-day Moving Average is $3.54. However, in the short run, Honest Company Inc’s stock first resistance to watch stands at $7.24. Second resistance stands at $7.57. The third major resistance level sits at $8.01. If the price goes on to break the first support level at $6.47, it is likely to go to the next support level at $6.04. The third support level lies at $5.71 if the price breaches the second support level.
Honest Company Inc (NASDAQ: HNST) Key Stats
The company with the Market Capitalisation of 741.64 million has total of 100,961K Shares Outstanding. Its annual sales at the moment are 344,370 K in contrast with the sum of -39,240 K annual income. Company’s last quarter sales were recorded 93,050 K and last quarter income was -4,080 K.
