95.30% percent quarterly performance for Honest Company Inc (HNST) is not indicative of the underlying story

On Monday, Honest Company Inc (NASDAQ: HNST) opened lower -4.01% from the last session, before settling in for the closing price of $8.22. Price fluctuations for HNST have ranged from $2.23 to $8.97 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%. Company’s average yearly earnings per share was noted 82.99% at the time writing. With a float of $72.32 million, this company’s outstanding shares have now reached $101.20 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) 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 Honest Company Inc is 28.37%, while institutional ownership is 49.55%. The most recent insider transaction that took place on Nov 27 ’24, was worth 748,818. In this transaction General Counsel of this company sold 92,138 shares at a rate of $8.13, taking the stock ownership to the 516,816 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Officer proposed sale 92,138 for $8.12, making the entire transaction worth $748,551.

Honest Company Inc (HNST) Earnings and Forecasts

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

Check out the current performance indicators for Honest Company Inc (HNST). In the past quarter, the stock posted a quick ratio of 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11. Likewise, its price to free cash flow for the trailing twelve months is 27.99.

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 1.58 million, its volume of 2.72 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.60%. Additionally, its Average True Range was 0.50.

During the past 100 days, Honest Company Inc’s (HNST) raw stochastic average was set at 81.94%, which indicates a significant increase from 46.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.73% in the past 14 days, which was lower than the 70.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.22, while its 200-day Moving Average is $3.89. Nevertheless, the first resistance level for the watch stands at $8.21 in the near term. At $8.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.69. If the price goes on to break the first support level at $7.73, it is likely to go to the next support level at $7.56. Should the price break the second support level, the third support level stands at $7.25.

Honest Company Inc (NASDAQ: HNST) Key Stats

There are currently 100,961K shares outstanding in the company with a market cap of 779.51 million. Presently, the company’s annual sales total 344,370 K according to its annual income of -39,240 K. Last quarter, the company’s sales amounted to 99,240 K and its income totaled 170 K.