Hims & Hers Health Inc (NYSE: HIMS)’s -3.83-Percent Loss Of This Past Week Taught Us Something New

Hims & Hers Health Inc (NYSE:HIMS)’s traded shares stood at 2.71 million during the latest session, with the company’s beta value hitting 1.07. At the last check today, the stock’s price was $17.09, to imply a decrease of -0.23% or -$0.04 in intraday trading. The HIMS share’s 52-week high remains $25.74, putting it -50.61% down since that peak but still an impressive 66.94% since price per share fell to its 52-week low of $5.65. The company has a valuation of $3.70B, with an average of 8.45 million shares in intraday trading volume over the past 10 days and average of 8.41 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Hims & Hers Health Inc (HIMS), translating to a mean rating of 2.14. Of 13 analyst(s) looking at the stock, 0 analyst(s) give HIMS a Sell rating. 1 of those analysts rate the stock as Overweight while 5 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.04.

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

After registering a -0.23% downside in the latest session, Hims & Hers Health Inc (HIMS) has traded red over the past five days. The 5-day price performance for the stock is -3.83%, and 18.43% over 30 days. With these gigs, the year-to-date price performance is 92.02%. Short interest in Hims & Hers Health Inc (NYSE:HIMS) saw shorts transact 26.54 million shares and set a 3.72 days time to cover.

The extremes give us $5 and $24 for target low and target high price respectively. As such, HIMS has been trading -40.43% off suggested target high and 70.74% from its likely low.

Hims & Hers Health Inc (HIMS) estimates and forecasts

Looking at statistics comparing Hims & Hers Health Inc share performance against respective industry, we note that the company has outperformed competitors. Hims & Hers Health Inc (HIMS) shares are 17.78% up over the last 6 months, with its year-to-date growth rate higher than industry average at 300.00% against 23.80%. Revenue is forecast to grow 200.00% this quarter before jumping 600.00% for the next one. The rating firms project that company’s revenue will grow 58.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 13 analysts is 379.27M. Meanwhile, for the current quarter, a total of 13 analyst(s) estimate revenue growth to 418.94M.Earnings reports from the last fiscal year show that sales brought in 226.7M and 246.17M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 67.30% before jumping 70.20% in the following quarter.

HIMS Dividends

Hims & Hers Health Inc has its next earnings report out on 2024-Nov-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Hims & Hers Health Inc insiders hold 11.93% of total outstanding shares, with institutional holders owning 66.62% of the shares at 75.65% float percentage. In total, 66.62% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 16.47 million shares (or 7.7166% of shares), all amounting to roughly $332.55 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 14.57 million shares, or about 6.8278% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $294.25 million.