Telsey Advisory Group Weighs in on Honest Q1 Earnings

The Honest Company, Inc. (NASDAQ:HNST - Free Report) - Stock analysts at Telsey Advisory Group issued their Q1 2025 earnings estimates for Honest in a research report issued on Thursday, February 27th. Telsey Advisory Group analyst D. Telsey forecasts that the company will post earnings per share of ($0.01) for the quarter. Telsey Advisory Group has a "Market Perform" rating and a $7.00 price objective on the stock. The consensus estimate for Honest's current full-year earnings is ($0.07) per share. Telsey Advisory Group also issued estimates for Honest's Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.01 EPS and FY2026 earnings at $0.05 EPS.

Honest (NASDAQ:HNST - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. The firm had revenue of $99.84 million for the quarter, compared to the consensus estimate of $96.46 million. Honest had a negative net margin of 1.13% and a negative return on equity of 3.26%.

A number of other research firms also recently commented on HNST. Loop Capital downgraded shares of Honest from a "buy" rating to a "hold" rating and set a $7.00 target price on the stock. in a research report on Tuesday, December 17th. Northland Securities boosted their price target on Honest from $7.50 to $9.50 and gave the stock an "outperform" rating in a research report on Wednesday, December 4th. B. Riley raised their target price on shares of Honest from $6.50 to $7.00 and gave the stock a "buy" rating in a report on Wednesday, November 13th. Finally, Alliance Global Partners boosted their price target on shares of Honest from $5.75 to $8.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $6.93.

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Honest Stock Performance

HNST stock traded up $0.05 during mid-day trading on Friday, reaching $5.16. The company had a trading volume of 3,676,145 shares, compared to its average volume of 2,591,614. The firm has a fifty day simple moving average of $6.24 and a 200 day simple moving average of $5.48. The company has a market capitalization of $561.98 million, a price-to-earnings ratio of -129.00 and a beta of 2.43. Honest has a fifty-two week low of $2.40 and a fifty-two week high of $8.97.

Institutional Trading of Honest

Hedge funds have recently added to or reduced their stakes in the business. Creative Planning bought a new stake in shares of Honest in the third quarter valued at approximately $39,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Honest during the third quarter worth about $40,000. US Bancorp DE bought a new position in Honest during the third quarter valued at about $78,000. Harbor Capital Advisors Inc. lifted its position in shares of Honest by 122.5% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 219,697 shares of the company's stock worth $784,000 after acquiring an additional 120,937 shares during the period. Finally, Mainstream Capital Management LLC acquired a new stake in shares of Honest during the 3rd quarter worth approximately $843,000. Institutional investors own 45.54% of the company's stock.

Insider Activity at Honest

In other news, Director Jessica Warren sold 465,000 shares of the firm's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $7.55, for a total value of $3,510,750.00. Following the sale, the director now directly owns 1,170,058 shares of the company's stock, valued at approximately $8,833,937.90. This trade represents a 28.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.60% of the stock is currently owned by company insiders.

About Honest

The Honest Company, Inc manufactures and sells diapers and wipes, skin and personal care, and household and wellness products. The company also offers baby clothing and nursery bedding products. It sells its products through digital and retail sales channels, such as its website and third-party ecommerce sites, as well as brick and mortar retailers.