Additionally, the 36-month beta value for HIMS is 1.09. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for HIMS is 150.83M and currently, short sellers hold a 13.14% ratio of that float. The average trading volume of HIMS on August 05, 2024 was 11.59M shares.
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HIMS) stock’s latest price update
The stock price of Hims & Hers Health Inc (NYSE: HIMS) has plunged by -5.02 when compared to previous closing price of 18.51, but the company has seen a -19.25% decline in its stock price over the last five trading sessions. marketbeat.com reported 2024-08-03 that Recently, weight loss and diabetes watch company DexCom Inc. NASDAQ: DXCM stock plummeted by over 44% on a surprisingly bad quarterly earnings report. Management guided lower – much lower – than analysts had expected to see revenue and earnings per share (EPS), and it all had to do with the decreasing demand for the company’s medical devices, which are being replaced more and more by effective medicine lately.
HIMS’s Market Performance
Hims & Hers Health Inc (HIMS) has seen a -19.25% fall in stock performance for the week, with a -14.20% decline in the past month and a 43.63% surge in the past quarter. The volatility ratio for the week is 8.75%, and the volatility levels for the past 30 days are at 7.61% for HIMS. The simple moving average for the past 20 days is -17.46% for HIMS’s stock, with a 33.80% simple moving average for the past 200 days.
Analysts’ Opinion of HIMS
Many brokerage firms have already submitted their reports for HIMS stocks, with Citigroup repeating the rating for HIMS by listing it as a “Neutral.” The predicted price for HIMS in the upcoming period, according to Citigroup is $20 based on the research report published on May 22, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see HIMS reach a price target of $15, previously predicting the price at $17. The rating they have provided for HIMS stocks is “Hold” according to the report published on April 16th, 2024.
Canaccord Genuity gave a rating of “Buy” to HIMS, setting the target price at $20 in the report published on April 10th of the current year.
HIMS Trading at -16.72% from the 50-Day Moving Average
After a stumble in the market that brought HIMS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.70% of loss for the given period.
Volatility was left at 7.61%, however, over the last 30 days, the volatility rate increased by 8.75%, as shares sank -15.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.11% upper at present.
During the last 5 trading sessions, HIMS fell by -19.25%, which changed the moving average for the period of 200-days by +179.94% in comparison to the 20-day moving average, which settled at $21.14. In addition, Hims & Hers Health Inc saw 97.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HIMS starting from Chi Michael, who proposed sale 2,054 shares at the price of $22.00 back on Aug 01 ’24. After this action, Chi Michael now owns shares of Hims & Hers Health Inc, valued at $45,188 using the latest closing price.
Chi Michael, the Chief Commercial Officer of Hims & Hers Health Inc, sale 2,054 shares at $22.00 during a trade that took place back on Aug 01 ’24, which means that Chi Michael is holding 185,326 shares at $45,188 based on the most recent closing price.
Stock Fundamentals for HIMS
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.82 for the gross margin
The net margin for Hims & Hers Health Inc stands at -0.0. The total capital return value is set at -0.05. Equity return is now at value -0.72, with -0.57 for asset returns.
Based on Hims & Hers Health Inc (HIMS), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 7.76. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -10.5.
Currently, EBITDA for the company is -23.95 million with net debt to EBITDA at 15.04. When we switch over and look at the enterprise to sales, we see a ratio of 3.68. The receivables turnover for the company is 149.79for trailing twelve months and the total asset turnover is 2.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.80.
Conclusion
In conclusion, Hims & Hers Health Inc (HIMS) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
