Honest Company Inc [HNST] stock prices are down -4.16% to $4.84 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HNST shares have lost -1.02% over the last week, with a monthly amount drifted -19.47%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Honest Company Inc [NASDAQ: HNST] stock has seen the most recent analyst activity on January 10, 2025, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $7 from $6. Previously, Loop Capital downgraded its rating to Hold on December 17, 2024, and kept the price target unchanged to $7. On November 13, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $6 on the stock. Alliance Global Partners reiterated its Buy rating and increased its price target to $8 on November 13, 2024. B. Riley Securities initiated its recommendation with a Buy and recommended $6.50 as its price target on September 10, 2024. Northland Capital started tracking with a Outperform rating for this stock on August 06, 2024, and assigned it a price target of $6. In a note dated June 25, 2024, Loop Capital upgraded an Buy rating on this stock but restated the target price of $3.
The stock price of Honest Company Inc [HNST] has been fluctuating between $2.40 and $8.97 over the past year. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Honest Company Inc [NASDAQ: HNST] shares were valued at $4.84 at the most recent close of the market. An investor can expect a potential return of 44.63% based on the average HNST price forecast.
Analyzing the HNST fundamentals
The Honest Company Inc [NASDAQ:HNST] reported sales of 378.34M for trailing twelve months, representing a surge of 10.61%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 4.73 points at the first support level, and at 4.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.03, and for the 2nd resistance point, it is at 5.21.
Ratios To Look Out For
It’s worth pointing out that Honest Company Inc [NASDAQ:HNST]’s Current Ratio is 3.56. Also, the Quick Ratio is 2.14, while the Cash Ratio stands at 1.26. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 3.03.
Transactions by insiders
Recent insider trading involved Mayle Jonathan, SVP, Customer Sales, that happened on Mar 11 ’25 when 37481.0 shares were sold. Officer, Winchell Stephen completed a deal on Mar 12 ’25 to buy 20000.0 shares. Meanwhile, Officer Jonathan Mayle bought 37481.0 shares on Mar 11 ’25.
