The Honest Company Inc. Common Stock (NASDAQ: HNST): With The Stock Up 19.39 Percent From Its Lows On Thursday, What Is In Store For The Company In The Future? – Marketing Sentinel
Home  »  Company   »  The Honest Company Inc. Common Stock (NASDAQ: HNST...

The Honest Company Inc. Common Stock (NASDAQ: HNST): With The Stock Up 19.39 Percent From Its Lows On Thursday, What Is In Store For The Company In The Future?

During the recent session, The Honest Company Inc. Common Stock (NASDAQ:HNST)’s traded shares were 1.47 million. At the last check today, the stock’s price was $3.30, reflecting an intraday gain of 12.63% or $0.37. The 52-week high for the HNST share is $19.94, that puts it down -504.24 from that peak though still a striking 19.39% gain since the share price plummeted to a 52-week low of $2.66. The company’s market capitalization is $281.43M, and the average trade volume was 1.84 million shares over the past three months.

The Honest Company Inc. Common Stock (HNST) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 1.80. HNST has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.06.

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

The Honest Company Inc. Common Stock (NASDAQ:HNST) trade information

The Honest Company Inc. Common Stock (HNST) registered a 12.63% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 12.63% in intraday trading to $3.30 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -23.90%, and it has moved by -35.18% in 30 days. Based on these gigs, the overall price performance for the year is -80.35%.

The Honest Company Inc. Common Stock (HNST) estimates and forecasts

Statistics show that The Honest Company Inc. Common Stock has outperformed its competitors in share price, compared to the industry in which it operates. The Honest Company Inc. Common Stock (HNST) shares have gone down -67.08% during the last six months, with a year-to-date growth rate more than the industry average at 20.00% against 0.10.

Revenue for the current quarter is expected to be $85.26 million as predicted by 7 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $90.28 million by the end of Mar 2022.

While earnings are projected to return -165.80% in 2022.

HNST Dividends

The Honest Company Inc. Common Stock is due to release its next quarterly earnings on November 10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The Honest Company Inc. Common Stock (NASDAQ:HNST)’s Major holders

The Honest Company Inc. Common Stock insiders own 7.90% of total outstanding shares while institutional holders control 90.39%, with the float percentage being 98.14%. Catterton Management Company, L.L.C. is the largest shareholder of the company, while 144 institutions own stock in it. As of Sep 29, 2021, the company held over 12.17 million shares (or 13.37% of all shares), a total value of $126.32 million in shares.

The next largest institutional holding, with 8.51 million shares, is of FMR, LLC’s that is approximately 9.35% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $88.3 million.

Also, the Mutual Funds coming in first place with the largest holdings of The Honest Company Inc. Common Stock (HNST) shares are Advisors Inner Circle Fund II-Champlain Small Company Fund and Vanguard Total Stock Market Index Fund. Data provided on Sep 29, 2021 indicates that Advisors Inner Circle Fund II-Champlain Small Company Fund owns about 0.93 million shares. This amounts to just over 1.02 percent of the company’s overall shares, with a $9.65 million market value. The same data shows that the other fund manager holds slightly less at 0.77 million, or about 0.84% of the stock, which is worth about $7.97 million.

Leave a Comment

Your email address will not be published.

On Key

Related Posts