Honest Company Inc (NASDAQ:HNST) price on Wednesday, May 21, fall -7.81% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.96.
A look at the stock’s price movement, the close in the last trading session was $5.38, moving within a range at $4.94 and $5.3. The beta value (5-Year monthly) was 2.428. Turning to its 52-week performance, $8.97 and $2.40 were the 52-week high and 52-week low respectively. Overall, HNST moved 10.71% over the past month.
Honest Company Inc’s market cap currently stands at around $546.78 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-06.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HNST is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend HNST as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HNST’s current price about -0.26% and 3.14% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.00, while 7-day volatility ratio is 5.24% and 5.30% in the 30-day chart. Further, Honest Company Inc (HNST) has a beta value of 2.41, and an average true range (ATR) of 0.30. Analysts have given the company’s stock an average 52-week price target of $6, forecast between a low of $3.75 and high of $7. Looking at the price targets, the low is 24.4% off current price level while to achieve the yearly target high, price needs to move -41.13%. Nonetheless, investors will most likely welcome a -20.97% jump to $6 which is the analysts’ median price.
If we refocus on Honest Company Inc (NASDAQ:HNST), historical trading data shows that trading volumes averaged 3.81 over the past 10 days and 2.84 million over the past 3 months. The company’s latest data on shares outstanding shows there are 110.49 million shares.
The 15.69% of Honest Company Inc’s shares are in the hands of company insiders while institutional holders own 60.87% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.56 million on 2025-04-30, giving us a short ratio of 2.44. The data shows that as of 2025-04-30 short interest in Honest Company Inc (HNST) stood at 545.0 of shares outstanding, with shares short rising to 4.92 million registered in 2025-03-31. Current price change has pushed the stock -28.43% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HNST stock continues to rise going into the next quarter.
