Should I buy or sell Honest stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Honest in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HNST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HNST, but not buy additional shares or sell existing shares. View HNST analyst ratings or view top-rated stocks .

What is Honest's stock price target for 2024?

5 brokers have issued 12 month price objectives for Honest's shares. Their HNST share price targets range from $4.00 to $6.00. On average, they expect the company's share price to reach $4.95 in the next year. This suggests a possible upside of 60.2% from the stock's current price. View analysts price targets for HNST or view top-rated stocks among Wall Street analysts .

How have HNST shares performed in 2024?

Honest's stock was trading at $3.30 at the beginning of 2024. Since then, HNST stock has decreased by 6.4% and is now trading at $3.09. View the best growth stocks for 2024 here .

Are investors shorting Honest?

Honest saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,150,000 shares, a decline of 10.2% from the March 15th total of 1,280,000 shares. Based on an average daily volume of 977,600 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.0% of the company's stock are short sold. View Honest's Short Interest .

When is Honest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our HNST earnings forecast .

How were Honest's earnings last quarter?

The Honest Company, Inc. (NASDAQ:HNST) issued its quarterly earnings data on Wednesday, March, 6th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.09. The company earned $90.26 million during the quarter, compared to the consensus estimate of $83.54 million. Honest had a negative trailing twelve-month return on equity of 30.36% and a negative net margin of 11.39%.

Honest (HNST) raised $400 million in an IPO on Wednesday, May 5th 2021. The company issued 25,800,000 shares at $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?

Honest's stock is owned by many different institutional and retail investors. Top institutional investors include Green Alpha Advisors LLC (0.43%). Insiders that own company stock include Brendan Sheehey , Carla Vernon, Glenn Klages, James D White , Janis Hoyt, Jasmin Manner , Jeremy Liew , Jessica Warren, Kelly J Kennedy , Lightspeed Venture Partners Vi, Nikolaos A Vlahos , Peter C Gerstberger, Rick Rexing , Stephen Winchell and Venture Manageme Institutional. 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 .

NASDAQ:HNST

Honest (HNST) Stock Price, News & Analysis

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$3.09

-0.05 (-1.59%)

(As of 05:32 PM ET)

Compare

Today's Range: $3.04
▼
$3.15
50-Day Range: $2.99
▼
$4.67
52-Week Range: $1.06
▼
$4.89

Volume: 548,661 shs
Average Volume: 975,730 shs
Market Capitalization: $299.82 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.95

Get Honest alerts:

Honest MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 60.2% Upside
$4.95 Price Target
Short Interest: Healthy
1.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.61
Based on 14 Articles This Week
Insider Trading: Selling Shares
$1.08 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.18) to ($0.13) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.87 out of 5 stars

Consumer Discretionary Sector

93rd out of 262 stocks

Catalog & Mail-Order Houses Industry

2nd out of 5 stocks

4.2

Analyst's Opinion

Consensus Rating
Honest has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 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.

5.0

Short Interest

Percentage of Shares Shorted
1.95% 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 1.2, 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 10.16%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Honest does not currently pay a dividend.
Dividend Growth
Honest does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HNST.

2.6

News and Social Media Coverage

News Sentiment
Honest has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Honest this week, compared to 2 articles on an average week.
Search Interest
Only 7 people have searched for HNST on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
24 people have added Honest to their MarketBeat watchlist in the last 30 days. This is an increase of 243% compared to the previous 30 days.

3.3

Company Ownership

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 $1,077,922.00 in company stock.
Percentage Held by Insiders
26.20% of the stock of Honest is held by insiders. A high percentage of insider ownership can be a sign of company health.
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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Honest are expected to grow in the coming year, from ($0.18) to ($0.13) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Honest is -7.36, 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 -7.36, 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 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Honest Stock (NASDAQ:HNST)

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.

HNST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HNST Stock News Headlines

March 22, 2024 | insidertrades.com

Carla Vernon Sells 209,160 Shares of The Honest Company, Inc. (NASDAQ:HNST) Stock

March 19, 2024 | marketbeat.com

The Honest Company is Undergoing an Honestly Solid Turnaround

The Honest Company Inc. NASDAQ: HNST provides safe, eco-friendly, sustainable, hypo-allergenic and natural baby, beauty and household products. Actress Jessica Alba founded the consumer discretionary sector company.

April 16, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

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March 19, 2024 | marketbeat.com

The Honest Company is Undergoing an Honestly Solid Turnaround

The Honest Company stock is up 30% after the company issued a bullish outlook for 2024 revenue and earnings, particularly in the second half of the year

April 11, 2024 | msn.com

Jessica Alba steps down as chief creative officer at Honest, the personal care company she founded

April 11, 2024 | proactiveinvestors.com

Jessica Alba exit hits Honest Co shares

April 11, 2024 | americanbankingnews.com

Honest's (HNST) Market Perform Rating Reaffirmed at Telsey Advisory Group

April 11, 2024 | msn.com

Jessica Alba Steps Down as the Honest Company’s Chief Creative Officer

April 16, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

April 10, 2024 | marketwatch.com

Honest Co. shares dip 7% after Jessica Alba steps down from company she founded

April 10, 2024 | nasdaq.com

Honest Co.'s Founder Jessica Alba To Step Down From Role As Chief Creative Officer

April 9, 2024 | pymnts.com

Jessica Alba Leaves Role at The Honest Company, Remains on Board

April 9, 2024 | bizjournals.com

Founder Jessica Alba steps down from exec role at The Honest Co.

April 9, 2024 | reuters.com

'Fantastic Four' actress Jessica Alba to step down as creative chief at Honest Company

April 9, 2024 | globenewswire.com

Founder Jessica Alba to Step Down from Role as Chief Creative Officer at The Honest Company Following a Record Q4 Performance

April 3, 2024 | finance.yahoo.com

Will The Honest Company (HNST) Continue to Experience Years Of Growth And Increasing Returns?

March 27, 2024 | finance.yahoo.com

Are Consumer Discretionary Stocks Lagging The Honest Company (HNST) This Year?

March 21, 2024 | finance.yahoo.com

Insider Sell: CEO Carla Vernon Sells 209,160 Shares of The Honest Co Inc (HNST)

March 21, 2024 | investorplace.com

7 Speculative Penny Stocks to Watch for Massive Upside

March 14, 2024 | benzinga.com

Peeling Back The Layers: Exploring Honest Co Through Analyst Insights

March 11, 2024 | seekingalpha.com

The Honest Company: An Impressive Improvement

March 9, 2024 | finance.yahoo.com

The Honest Company, Inc. (NASDAQ:HNST) Just Reported And Analysts Have Been Lifting Their Price Targets

March 8, 2024 | globenewswire.com

The Honest Company to Participate in the UBS Global Consumer and Retail Conference on March 14, 2024

March 7, 2024 | realmoney.thestreet.com

Honest Company price target raised by $2 at Telsey Advisory, here's why

March 7, 2024 | finance.yahoo.com

The Honest Company, Inc. (NASDAQ:HNST) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Why Is The Honest Company (HNST) Stock Soaring Today

March 7, 2024 | finance.yahoo.com

The Honest Co Inc (HNST) Reports Growth Amidst Transformation: A 2023 Earnings Overview

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Catalog & mail-order houses
Sub-Industry: N/A
Current Symbol: NASDAQ:HNST
CUSIP: N/A
CIK: 1530979
Web: www.honest.com
Phone: 888-862-8818
Fax: N/A
Employees: 176
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.95
High Stock Price Target: $6.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +58.7%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.42)
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: -11.39%
Pretax Margin: -11.37%
Return on Equity: -30.36%
Return on Assets: -18.86%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.78
Quick Ratio: 1.49

Sales & Book Value

Annual Sales: $344.36 million
Price / Sales: 0.88
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.29 per share
Price / Book: 2.42

Miscellaneous

Outstanding Shares: 97,030,000
Free Float: 71,610,000
Market Cap: $302.73 million
Optionable: Optionable
Beta: 1.82

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Key Executives

Ms. Jessica Marie Warren (Age 42)
Founder, Chief Creative Officer & Director
Comp: $754.58k
Ms. Carla Vernon (Age 53)
CEO & Director
Mr. David Loretta (Age 56)
Chief Financial Officer
Mr. Steve Winchell
Executive Vice President of Operations and R&D
Ms. Sharareh Parvaneh (Age 55)
Chief Information Officer
Mr. Brendan Sheehey (Age 46)
General Counsel & Corporate Secretary
Ms. Dorria L. Ball
Chief People Officer
Ms. Kate Barton
Chief Growth Officer
Jonathan Mayle
Senior Vice President of Customer Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HNST Stock Analysis - Frequently Asked Questions

Should I buy or sell Honest stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Honest in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HNST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HNST, but not buy additional shares or sell existing shares.
View HNST analyst ratings or view top-rated stocks.
What is Honest's stock price target for 2024?: 5 brokers have issued 12 month price objectives for Honest's shares. Their HNST share price targets range from $4.00 to $6.00. On average, they expect the company's share price to reach $4.95 in the next year. This suggests a possible upside of 60.2% from the stock's current price.
View analysts price targets for HNST or view top-rated stocks among Wall Street analysts.
How have HNST shares performed in 2024?: Honest's stock was trading at $3.30 at the beginning of 2024. Since then, HNST stock has decreased by 6.4% and is now trading at $3.09.
View the best growth stocks for 2024 here.
Are investors shorting Honest?: Honest saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,150,000 shares, a decline of 10.2% from the March 15th total of 1,280,000 shares. Based on an average daily volume of 977,600 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.0% of the company's stock are short sold.
View Honest's Short Interest.
When is Honest's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our HNST earnings forecast.

How were Honest's earnings last quarter?: The Honest Company, Inc. (NASDAQ:HNST) issued its quarterly earnings data on Wednesday, March, 6th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.09. The company earned $90.26 million during the quarter, compared to the consensus estimate of $83.54 million. Honest had a negative trailing twelve-month return on equity of 30.36% and a negative net margin of 11.39%.
When did Honest IPO?: Honest (HNST) raised $400 million in an IPO on Wednesday, May 5th 2021. The company issued 25,800,000 shares at $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?: Honest's stock is owned by many different institutional and retail investors. Top institutional investors include Green Alpha Advisors LLC (0.43%). Insiders that own company stock include Brendan Sheehey, Carla Vernon, Glenn Klages, James D White, Janis Hoyt, Jasmin Manner, Jeremy Liew, Jessica Warren, Kelly J Kennedy, Lightspeed Venture Partners Vi, Nikolaos A Vlahos, Peter C Gerstberger, Rick Rexing, Stephen Winchell and Venture Manageme Institutional.
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.

This page (NASDAQ:HNST) was last updated on 4/16/2024 by MarketBeat.com Staff

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Honest (HNST) Stock Price, News & Analysis

Honest MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Honest Stock (NASDAQ:HNST)

HNST Stock Price History

HNST Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

HNST Stock Analysis - Frequently Asked Questions

Overall MarketRank^™