A share price of Hims & Hers Health Inc [HIMS] is currently trading at $23.42, up 13.47%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HIMS shares have gain 23.00% over the last week, with a monthly amount glided 24.91%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hims & Hers Health Inc [NYSE: HIMS] stock has seen the most recent analyst activity on August 22, 2024, when Needham initiated its Buy rating and assigned the stock a price target of $24. Previously, Imperial Capital downgraded its rating to In-line on August 09, 2024. On May 22, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $20 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $15 on April 16, 2024. Canaccord Genuity initiated its recommendation with a Buy and recommended $20 as its price target on April 10, 2024. Imperial Capital upgraded its rating to Outperform for this stock on February 28, 2024, but kept the price target unchanged to $16. In a note dated February 26, 2024, Leerink Partners initiated an Market Perform rating and provided a target price of $10 on this stock.
Hims & Hers Health Inc experienced fluctuations in its stock price throughout the past year between $6.23 and $25.74. Currently, Wall Street analysts expect the stock to reach $20.8 within the next 12 months. Hims & Hers Health Inc [NYSE: HIMS] shares were valued at $23.42 at the most recent close of the market. An investor can expect a potential drop of -11.19% based on the average HIMS price forecast.
Analyzing the HIMS fundamentals
Trailing Twelve Months sales for Hims & Hers Health Inc [NYSE:HIMS] were 1.24B which represents 77.13% growth. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.27 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.63 points at the first support level, and at 19.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.95, and for the 2nd resistance point, it is at 26.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hims & Hers Health Inc [NYSE:HIMS] is 2.14. In addition, the Quick Ratio stands at 1.82 and the Cash Ratio stands at 1.08. Considering the valuation of this stock, the price to sales ratio is 4.08, the price to book ratio is 11.59 and price to earnings (TTM) ratio is 54.18.
Transactions by insiders
Recent insider trading involved Carroll Patrick Harrison, Officer, that happened on Nov 06 ’24 when 15000.0 shares were purchased. Officer, Chi Michael completed a deal on Nov 05 ’24 to buy 2054.0 shares. Meanwhile, Chief Commercial Officer Chi Michael sold 17304.0 shares on Oct 25 ’24.
