With 86.12% Distance From Low, Is Hims & Hers Health Inc (NYSE:HIMS) Poised For More Gains?

In last trading session, Hims & Hers Health Inc (NYSE:HIMS) saw 30.67 million shares changing hands with its beta currently measuring 1.42. Company’s recent per share price level of $66.41 trading at -$2.33 or -3.39% at ring of the bell on the day assigns it a market valuation of $14.51B. That closing price of HIMS’s stock is at a discount of -9.89% from its 52-week high price of $72.98 and is indicating a premium of 86.12% from its 52-week low price of $9.22.

For Hims & Hers Health Inc (HIMS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.38. 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.

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

Upright in the red during last session for losing -3.39%, in the last five days HIMS remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $66.41 price level, adding 9.0% to its value on the day. Hims & Hers Health Inc’s shares saw a change of 174.65% in year-to-date performance and have moved 43.31% in past 5-day. Hims & Hers Health Inc (NYSE:HIMS) showed a performance of 122.78% in past 30-days.

Wall Street analysts have assigned a consensus price target of 25 to the stock, which implies a fall of -165.64% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 38. It follows that stock’s current price would jump 69.88% in reaching the projected high whereas dropping to the targeted low would mean a gain of 69.88% for stock’s current value.

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

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.