Hims & Hers Health Inc (NYSE:HIMS) Is 59.09% Above Its 52-Week Low, But How Long Will It Remain So?

In recent trading session, Hims & Hers Health Inc (NYSE:HIMS) saw 1.22 million shares changing hands at last check today with its beta currently measuring 1.05. Company’s recent per share price level of $13.81 trading at -$0.62 or -4.30% at last check today assigns it a market valuation of $3.00B. That most recent trading price of HIMS’s stock is at a discount of -86.39% from its 52-week high price of $25.74 and is indicating a premium of 59.09% from its 52-week low price of $5.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.94 million shares which gives us an average trading volume of 9.49 million if we extend that period to 3-months.

For Hims & Hers Health Inc (HIMS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.14. Splitting up the data highlights that, out of 13 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.05 in the current quarter.

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

Hims & Hers Health Inc (NYSE:HIMS) trade information

Upright in the red during last session for losing -4.30%, in the last five days HIMS remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $13.81 price level, adding 7.56% to its value on the day. Hims & Hers Health Inc’s shares saw a change of 55.17% in year-to-date performance and have moved -6.25% in past 5-day. Hims & Hers Health Inc (NYSE:HIMS) showed a performance of -13.90% in past 30-days. Number of shares sold short was 23.04 million shares which calculate 2.16 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 15.5 to the stock, which implies a rise of 10.9% to its recent value today. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 24. It follows that stock’s current price would jump 63.79% in reaching the projected high whereas dropping to the targeted low would mean a gain of 63.79% for stock’s current value.

Hims & Hers Health Inc (HIMS) estimates and forecasts

Statistics highlight that Hims & Hers Health Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -3.76% of value to its shares in past 6 months, showing an annual growth rate of 300.00% while that of industry is 21.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 58.20% from the last financial year’s standing.

13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 378.39M for the same. And 13 analysts are in estimates of company making revenue of 418.68M in the next quarter. Company posted 226.7M and 246.17M of sales in current and next quarters respectively a year earlier.

Hims & Hers Health Inc (NYSE:HIMS)’s Major holders

Insiders are in possession of 11.91% of company’s total shares while institution are holding 66.73 percent of that, with stock having share float percentage of 75.75%. Investors also watch the number of corporate investors in a company very closely, which is 66.73% institutions for Hims & Hers Health Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at HIMS for having 16.47 million shares of worth $332.55 million. And as of 2024-06-30, it was holding 7.7166 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 14.57 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.8278 of outstanding shares, having a total worth of $294.25 million.