Honest (HNST) Stock Price, News & Analysis

Company Overview

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. The company was incorporated in 2012 and is headquartered in Los Angeles, California.

Key Stats

• Today's Range: $6.37 to $6.93
• 50-Day Range: $3.58 to $8.57
• 52-Week Range: $2.40 to $8.97
• Volume: 3.82 million shs
• Average Volume: 1.66 million shs
• Market Capitalization: $695.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.79
• Consensus Rating: Moderate Buy

Honest Stock Analysis - MarketRank™

Honest scored higher than 40% of companies evaluated by MarketBeat, and ranked 202nd out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Honest has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Honest has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Honest are expected to grow in the coming year, from ($0.07) to $0.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Honest is -172.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Honest is -172.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Honest has a P/B Ratio of 5.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.05% of the float of Honest has been sold short.

Short Interest Ratio / Days to Cover

Honest has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Honest has recently decreased by 11.38%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Honest does not currently pay a dividend.

Dividend Growth

Honest does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.05% of the float of Honest has been sold short.

Short Interest Ratio / Days to Cover

Honest has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Honest has recently decreased by 11.38%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.25

News Sentiment

Honest has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Honest this week, compared to 4 articles on an average week.

Search Interest

Only 23 people have searched for HNST on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Honest to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Honest insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,975,421.00 in company stock.

Percentage Held by Insiders

Only 8.60% of the stock of Honest is held by insiders.

Percentage Held by Institutions

45.54% of the stock of Honest is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HNST Stock Analysis - Frequently Asked Questions

How have HNST shares performed this year?

Honest's stock was trading at $3.30 at the start of the year. Since then, HNST shares have increased by 108.8% and is now trading at $6.89.
View the best growth stocks for 2024 here.

How were Honest's earnings last quarter?

The Honest Company, Inc. (NASDAQ:HNST) posted its earnings results on Thursday, August, 8th. The company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). The business had revenue of $93.05 million for the quarter, compared to the consensus estimate of $87.63 million. Honest had a negative trailing twelve-month return on equity of 3.26% and a negative net margin of 1.13%.

When did Honest IPO?

Honest (HNST) raised $400 million in an initial public offering (IPO) on Wednesday, May 5th 2021. The company issued 25,800,000 shares at a price of $14.00-$17.00 per share. Morgan Stanley, J.P. Morgan, Jefferies, BofA Securities, Citigroup, William Blair and Guggenheim Securities acted as the underwriters for the IPO and Telsey Advisory Group, C.L. King & Associates, Loop Capital Markets, Penserra Securities and Ramirez & Co. were co-managers.

Who are Honest's major shareholders?

Top institutional investors of Honest include Portolan Capital Management LLC (7.60%), ArrowMark Colorado Holdings LLC (3.13%), Geode Capital Management LLC (1.79%) and State Street Corp (1.17%). Insiders that own company stock include Shared Abacus Lp Thc, Venture Manageme Institutional, Carla Vernon, Nikolaos A Vlahos, Jessica Warren, David Loretta, Kelly J Kennedy, Katherine Barton, Brendan Sheehey, Rick Rexing, Peter C Gerstberger, Stephen Winchell, James D White, Jonathan Mayle, Thomas Sternweis, Glenn Klages, Janis Hoyt and Jasmin Manner.
View institutional ownership trends.

How do I buy shares of Honest?

Shares of HNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Honest own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Honest investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Catalog & mail - order houses
• Sub-Industry: Retail
• Current Symbol: NASDAQ:HNST
• CUSIP: N/A
• CIK: 1530979
• Web: www.honest.com
• Phone: 888-862-8818
• Fax: N/A
• Employees: 190
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.79
• High Stock Price Target: $9.50
• Low Stock Price Target: $4.00
• Potential Upside/Downside: -1.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-39,240,000.00
• Net Margins: -1.13%
• Pretax Margin: -1.12%
• Return on Equity: -3.26%
• Return on Assets: -2.06%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.89
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $368.77 million
• Price / Sales: 1.89
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.29 per share
• Price / Book: 5.34

Miscellaneous

• Outstanding Shares: 100,961,000
• Free Float: 92,278,000
• Market Cap: $695.62 million
• Optionable: Optionable
• Beta: 2.42