The Honest Company Inc. (NASDAQ:HNST) went up by 8.94% from its latest closing price compared to the recent 1-year high of $23.88. The company’s stock price has collected -2.55% of loss in the last five trading sessions. Press Release reported on 06/07/21 that The Honest Company to Report First Quarter 2021 Financial Results on June 16th
Is It Worth Investing in The Honest Company Inc. (NASDAQ :HNST) Right Now?
Opinions of the stock are interesting as 7 analysts out of 9 who provided ratings for The Honest Company Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $18.19. HNST currently public float of 85.62M and currently shorts hold a 3.07% ratio of that float. Today, the average trading volume of HNST was 2.27M shares.
HNST’s Market Performance
The volatility ratio for the week stands at 11.05% while the volatility levels for the past 30 days are set at 7.74% for The Honest Company Inc.. The simple moving average for the period of the last 20 days is 16.58% for HNST stocks with a simple moving average of 12.23% for the last 200 days.
Analysts’ Opinion of HNST
Many brokerage firms have already submitted their reports for HNST stocks, with BofA Securities repeating the rating for HNST by listing it as a “Neutral.” The predicted price for HNST in the upcoming period, according to BofA Securities is $17 based on the research report published on June 02nd of the current year 2021.
Telsey Advisory Group gave a rating of “Outperform” to HNST, setting the target price at $21 in the report published on June 01st of the current year.
HNST Trading at 12.23% from the 50-Day Moving Average
After a stumble in the market that brought HNST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.44% of loss for the given period.
Volatility was left at 7.74%, however, over the last 30 days, the volatility rate increased by 11.05%, as shares surge +24.40% for the moving average over the last 20 days.
During the last 5 trading sessions, HNST fell by -2.55%, in comparison to the 20-day moving average, which settled at $16.28. In addition, The Honest Company Inc. saw -18.43% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HNST
Current profitability levels for the company are sitting at:
- -4.51 for the present operating margin
- +35.04 for the gross margin
The net margin for The Honest Company Inc. stands at -4.81. The total capital return value is set at -7.45, while invested capital returns managed to touch -7.96.
Based on The Honest Company Inc. (HNST), the company’s capital structure generated 27.53 points at debt to equity in total, while total debt to capital is 21.59.
The receivables turnover for the company is 12.77 and the total asset turnover is 1.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.18.