A new trading day began on Friday, with Honest Company Inc (NASDAQ: HNST) stock price up 6.54% from the previous day of trading, before settling in for the closing price of $7.65. HNST’s price has ranged from $1.57 to $7.80 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 10.48%. Meanwhile, its annual earnings per share averaged 82.99%. With a float of $72.15 million, this company’s outstanding shares have now reached $95.87 million.
Considering the fact that the conglomerate employs 176 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Household & Personal Products Industry. The insider ownership of Honest Company Inc is 28.54%, while institutional ownership is 49.50%. The most recent insider transaction that took place on Nov 20 ’24, was worth 179,750. In this transaction Director of this company sold 25,000 shares at a rate of $7.19, taking the stock ownership to the 284,244 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Chief Growth Officer sold 23,884 for $7.10, making the entire transaction worth $169,576. This insider now owns 892,936 shares in total.
Honest Company Inc (HNST) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.02 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 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
Here are Honest Company Inc’s current performance indicators. According to the last quarter’s results, the 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 2.38. Likewise, its price to free cash flow for the trailing twelve months is 31.48.
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)
Compared to the last year’s volume of 1.5 million, its volume of 5.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 94.05%. Additionally, its Average True Range was 0.45.
During the past 100 days, Honest Company Inc’s (HNST) raw stochastic average was set at 97.47%, which indicates a significant increase from 96.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.39% in the past 14 days, which was higher than the 74.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.32, while its 200-day Moving Average is $3.64. Nevertheless, the first resistance level for the watch stands at $8.42 in the near term. At $8.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.10. If the price goes on to break the first support level at $7.74, it is likely to go to the next support level at $7.34. Now, if the price goes above the second support level, the third support stands at $7.06.
Honest Company Inc (NASDAQ: HNST) Key Stats
With a market capitalization of 876.62 million, the company has a total of 100,961K Shares Outstanding. Currently, annual sales are 344,370 K while annual income is -39,240 K. The company’s previous quarter sales were 99,240 K while its latest quarter income was 170 K.
