A Quick Glance At Hims & Hers Health Inc (NYSE: HIMS) Stock: It Is up 72.86% From Its 52-Week Low; YTD, It Is Up 234.96 Percent

During the recent session, Hims & Hers Health Inc (NYSE:HIMS)’s traded shares were 1.43 million, with the beta value of the company hitting 1.26. At the last check today, the stock’s price was $29.81, reflecting an intraday loss of -0.93% or -$0.28. The 52-week high for the HIMS share is $35.02, that puts it down -17.48 from that peak though still a striking 72.86% gain since the share price plummeted to a 52-week low of $8.09. The company’s market capitalization is $6.51B, and the average intraday trading volume over the past 10 days was 12.93 million shares, and the average trade volume was 15.82 million shares over the past three months.

Hims & Hers Health Inc (HIMS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.29. HIMS has a Sell rating from 0 analyst(s) out of 13 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.22.

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

Hims & Hers Health Inc (HIMS) registered a -0.93% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.93% in intraday trading to $29.81, hitting a weekly high. The stock’s 5-day price performance is -12.91%, and it has moved by 8.01% in 30 days. Based on these gigs, the overall price performance for the year is 243.45%. The short interest in Hims & Hers Health Inc (NYSE:HIMS) is 42.62 million shares and it means that shorts have 1.73 day(s) to cover.

The consensus price target of analysts on Wall Street is $23, which implies a decrease of -29.61% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $38 respectively. As a result, HIMS is trading at a discount of -27.47% off the target high and 39.62% off the low.

Hims & Hers Health Inc (HIMS) estimates and forecasts

Statistics show that Hims & Hers Health Inc has outperformed its competitors in share price, compared to the industry in which it operates. Hims & Hers Health Inc (HIMS) shares have gone up 25.52% during the last six months, with a year-to-date growth rate more than the industry average at 600.00% against 24.80. In the rating firms’ projections, revenue will increase 67.55% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 469.49M as predicted by 11 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 481.62M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 246.62M and 278.17M respectively. In this case, analysts expect current quarter sales to grow by 90.37% and then jump by 73.14% in the coming quarter.

While earnings are projected to return 824.74% in 2024.

HIMS Dividends

Hims & Hers Health Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Hims & Hers Health Inc insiders own 11.37% of total outstanding shares while institutional holders control 65.94%, with the float percentage being 74.40%. VANGUARD GROUP INC is the largest shareholder of the company, while 421.0 institutions own stock in it. As of 2024-06-30, the company held over 16.47 million shares (or 7.7166% of all shares), a total value of $332.55 million in shares.

The next largest institutional holding, with 14.57 million shares, is of BLACKROCK INC.’s that is approximately 6.8278% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $294.25 million.