In the last trading session, 2.16 million Honest Company Inc (NASDAQ:HNST) shares changed hands as the company’s beta touched 2.42. With the company’s per share price at $5.38 changed hands at -$0.08 or -1.47% during last session, the market valuation stood at $593.07M. HNST’s last price was a discount, traded about -66.73% off its 52-week high of $8.97. The share price had its 52-week low at $2.40, which suggests the last value was 55.39% up since then.
Analysts gave the Honest Company Inc (HNST) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.57. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended HNST as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Honest Company Inc (NASDAQ:HNST) trade information
Instantly HNST was in red as seen at the end of in last trading. With action 4.87%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -22.37%, with the 5-day performance at 4.87% in the green. However, in the 30-day time frame, Honest Company Inc (NASDAQ:HNST) is 27.49% up.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 10.33% from its current market value. According to analyst projections, HNST’s forecast low is 3.75 with 7 as the target high. To hit the forecast high, the stock’s price needs a -30.11% plunge from its current level, while the stock would need to tank 30.3% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 29.25%. The 2025 estimates are for Honest Company Inc earnings to increase by 276.19%.
HNST Dividends
Honest Company Inc is expected to release its next quarterly earnings report in June.
PORTOLAN CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 8.1807% or 8.11 million shares worth $23.67 million as of 2024-06-30.
