In recent trading session, Honest Company Inc (NASDAQ:HNST) saw 0.66 million shares changing hands at last check today with its beta currently measuring 1.88. Company’s recent per share price level of $4.29 trading at $0.07 or 1.66% at last check today assigns it a market valuation of $429.35M. That most recent trading price of HNST’s stock is at a discount of -13.99% from its 52-week high price of $4.89 and is indicating a premium of 72.03% from its 52-week low price of $1.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.62 million shares which gives us an average trading volume of 1.59 million if we extend that period to 3-months.

For Honest Company Inc (HNST), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Honest Company Inc (NASDAQ:HNST) trade information

Upright in the green today for gaining 1.66%, in the last five days HNST remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $4.29 price level, adding 0.92% to its value on the day. Honest Company Inc’s shares saw a change of 30.00% in year-to-date performance and have moved 14.10% in past 5-day. Honest Company Inc (NASDAQ:HNST) showed a performance of 19.50% in past 30-days. Number of shares sold short was 2.25 million shares which calculate 1.28 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3.75 to the stock, which implies a fall of -14.4% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would jump 30.07% in reaching the projected high whereas dropping to the targeted low would mean a gain of 30.07% for stock’s current value.

Honest Company Inc (HNST) estimates and forecasts

Statistics highlight that Honest Company Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 35.33% of value to its shares in past 6 months, showing an annual growth rate of 75.61% while that of industry is 0.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -4.76% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 75.20% while estimates for its earnings growth in next 5 years are of 46.40%.

Honest Company Inc (NASDAQ:HNST)’s Major holders

Insiders are in possession of 13.76% of company’s total shares while institution are holding 63.69 percent of that, with stock having share float percentage of 73.85%. Investors also watch the number of corporate investors in a company very closely, which is 63.69% institutions for Honest Company Inc that are currently holding shares of the company. CATTERTON MANAGEMENT COMPANY, L.L.C. is the top institutional holder at HNST for having 12.17 million shares of worth $35.54 million. And as of 2024-06-30, it was holding 12.6409 of the company’s outstanding shares.

The second largest institutional holder is PORTOLAN CAPITAL MANAGEMENT, LLC, which was holding about 8.11 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.4191 of outstanding shares, having a total worth of $23.67 million.