With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.81 million shares. The 52-week range on HNST shows that it touched its highest point at $3.65 and its lowest point at $1.06 during that stretch. It currently has a 1-year price target of $2.65. Beta for the stock currently stands at 1.76.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HNST was down-trending over the past week, with a drop of -5.49%, but this was up by 9.15% over a month. Three-month performance surged to 60.62% while six-month performance rose 109.46%. The stock gained 11.11% in the past year, while it has lost -6.06% so far this year. A look at the trailing 12-month EPS for HNST yields -0.57 with Next year EPS estimates of -0.21. For the next quarter, that number is -0.08. This implies an EPS growth rate of 5.71% for this year and 58.15% for next year.
Float and Shares Shorts:
At present, 92.90 million HNST shares are outstanding with a float of 56.99 million shares on hand for trading. On Feb 15, 2024, short shares totaled 1.88 million, which was 1.97% higher than short shares on Jan 12, 2024. In addition to MNST as the firm’s Monster Beverage Corporation, HNST serves as its The Honest Company, Inc.
Institutional Ownership:
Through their ownership of 52.94% of HNST’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HNST since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With HNST analysts setting a high price target of $5.75 and a low target of $1.00, the average target price over the next 12 months is $2.65. Based on these targets, HNST could surge 85.48% to reach the target high and fall by -67.74% to reach the target low. Reaching the average price target will result in a decline of -14.52% from current levels.
Dividends & Yield:
In terms of dividends, HNST has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and HNST currently yields $0.00. In the past year, HNST’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, HNST has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.
Summary of Insider Activity:
Insiders traded HNST stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 19 while that of sell transactions has risen to 44 over the past year. The total number of shares bought during that period was 5,611,097 while 1,447,522 shares were sold.
