Honest Company Inc [NASDAQ: HNST] slipped around -0.25 points on Tuesday, while shares priced at $8.32 at the close of the session, down -2.92%.
Compared to the average trading volume of 2.52M shares, HNST reached a trading volume of 4858553 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
What do top market gurus say about Honest Company Inc [HNST]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HNST shares is $6.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HNST stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for Honest Company Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on November 13, 2024. While these analysts kept the previous recommendation, Alliance Global Partners raised their target price from $5.75 to $8. The new note on the price target was released on November 13, 2024, representing the official price target for Honest Company Inc stock. Previously, the target price had yet another raise to $6.50, while B. Riley Securities analysts kept a Buy rating on HNST stock.
The Average True Range (ATR) for Honest Company Inc is set at 0.48, with the Price to Sales ratio for HNST stock in the period of the last 12 months amounting to 2.28. The Price to Book ratio for the last quarter was 6.29, with the Price to Cash per share for the same quarter was set at 0.53. Price to Free Cash Flow for HNST in the course of the last twelve months was 30.16 with Quick ratio for the last quarter at 1.64.
How has HNST stock performed recently?
Honest Company Inc [HNST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.66. With this latest performance, HNST shares gained by 120.11% in over the last four-week period, additionally plugging by 199.28% over the last 6 months – not to mention a rise of 335.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HNST stock in for the last two-week period is set at 86.15, with the RSI for the last a single of trading hit 86.53, and the three-weeks RSI is set at 84.08 for Honest Company Inc [HNST]. The present Moving Average for the last 50 days of trading for this stock 4.50, while it was recorded at 7.99 for the last single week of trading, and 3.69 for the last 200 days.
Honest Company Inc [HNST]: Deeper insight into the fundamentals
Honest Company Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.64 and a Current Ratio set at 2.89.
Earnings analysis for Honest Company Inc [HNST]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HNST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Honest Company Inc go to 46.40%.
Insider trade positions for Honest Company Inc [HNST]
There are presently around $66.81%, or 77.23%% of HNST stock, in the hands of institutional investors. The top three institutional holders of HNST stocks are: CATTERTON MANAGEMENT COMPANY, L.L.C. with ownership of 12.17 million shares, which is approximately 12.6409%. PORTOLAN CAPITAL MANAGEMENT, LLC, holding 8.11 million shares of the stock with an approximate value of $$23.67 million in HNST stocks shares; and PORTOLAN CAPITAL MANAGEMENT, LLC, currently with $$14.53 million in HNST stock with ownership which is approximately 5.17%.
