Northland Capmk Estimates Honest's Q1 Earnings (NASDAQ:HNST)

The Honest Company, Inc. (NASDAQ:HNST - Free Report) - Research analysts at Northland Capmk boosted their Q1 2025 earnings per share estimates for Honest in a report issued on Wednesday, November 13th. Northland Capmk analyst O. Rickert now anticipates that the company will post earnings per share of $0.00 for the quarter, up from their prior estimate of ($0.01). Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for Honest's current full-year earnings is ($0.10) per share. Northland Capmk also issued estimates for Honest's Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.01 EPS and Q4 2025 earnings at $0.01 EPS.

Other equities analysts have also recently issued reports about the stock. Telsey Advisory Group boosted their target price on shares of Honest from $4.00 to $6.00 and gave the company a "market perform" rating in a research report on Wednesday. B. Riley boosted their price objective on shares of Honest from $6.50 to $7.00 and gave the company a "buy" rating in a research report on Wednesday. Alliance Global Partners raised their target price on Honest from $5.75 to $8.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Northland Securities boosted their price target on Honest from $6.50 to $7.50 and gave the stock an "outperform" rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $5.93.

Honest Price Performance

NASDAQ:HNST traded up $0.41 during trading hours on Friday, reaching $6.91. 6,923,637 shares of the company were exchanged, compared to its average volume of 1,408,906. The company has a market capitalization of $697.64 million, a P/E ratio of -172.75 and a beta of 1.85. The business has a 50 day moving average of $3.96 and a 200 day moving average of $3.52. Honest has a 1-year low of $1.40 and a 1-year high of $7.14.

Insider Activity at Honest

In other news, major shareholder Shared Abacus Lp Thc sold 2,300,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $3.50, for a total transaction of $8,050,000.00. Following the completion of the sale, the insider now owns 9,869,803 shares of the company's stock, valued at $34,544,310.50. This trade represents a 18.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Stephen Winchell sold 6,938 shares of the firm's stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $4.28, for a total value of $29,694.64. Following the completion of the sale, the executive vice president now directly owns 414,736 shares of the company's stock, valued at $1,775,070.08. This trade represents a 1.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,461,187 shares of company stock valued at $8,739,880 in the last 90 days. 8.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in HNST. Dynamic Technology Lab Private Ltd grew its position in shares of Honest by 7.1% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 80,544 shares of the company's stock valued at $288,000 after acquiring an additional 5,330 shares during the period. EntryPoint Capital LLC bought a new stake in Honest during the 1st quarter worth approximately $27,000. Charles Schwab Investment Management Inc. boosted its holdings in Honest by 3.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 225,567 shares of the company's stock valued at $805,000 after purchasing an additional 7,379 shares during the period. XTX Topco Ltd increased its holdings in shares of Honest by 6.4% in the second quarter. XTX Topco Ltd now owns 137,797 shares of the company's stock worth $402,000 after purchasing an additional 8,282 shares during the period. Finally, Zacks Investment Management purchased a new position in Honest during the third quarter worth about $37,000. 45.54% of the stock is owned by institutional investors.

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.