Q2 2025 EPS Estimates for The Honest Company, Inc. Lifted by Analyst (NASDAQ:HNST)

Posted by Defense World Staff on Aug 12th, 2024

The Honest Company, Inc. (NASDAQ:HNST – Free Report) – Analysts at Northland Capmk raised their Q2 2025 earnings per share (EPS) estimates for shares of Honest in a research note issued on Friday, August 9th. Northland Capmk analyst O. Rickert now expects that the company will post earnings per share of $0.00 for the quarter, up from their previous forecast of ($0.01). Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Honest’s current full-year earnings is ($0.12) per share. Northland Capmk also issued estimates for Honest’s Q3 2025 earnings at $0.00 EPS.

Several other equities research analysts also recently weighed in on HNST. Loop Capital raised shares of Honest from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a research note on Tuesday, June 25th. Northland Securities initiated coverage on shares of Honest in a research note on Tuesday, August 6th. They issued an “outperform” rating and a $6.00 price objective for the company. Finally, Telsey Advisory Group restated a “market perform” rating and set a $4.00 target price on shares of Honest in a research report on Thursday, May 9th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $4.79.

View Our Latest Report on Honest

Honest Stock Performance

NASDAQ:HNST opened at $3.68 on Monday. The stock’s fifty day moving average is $3.08 and its 200 day moving average is $3.25. The firm has a market capitalization of $362.99 million, a PE ratio of -16.00 and a beta of 1.86. Honest has a fifty-two week low of $1.06 and a fifty-two week high of $4.89.

Insider Buying and Selling at Honest

In other news, insider Katherine Barton sold 67,930 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $2.77, for a total transaction of $188,166.10. Following the transaction, the insider now directly owns 933,005 shares of the company’s stock, valued at $2,584,423.85. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Katherine Barton sold 67,930 shares of Honest stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $2.77, for a total value of $188,166.10. Following the completion of the sale, the insider now directly owns 933,005 shares in the company, valued at $2,584,423.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Thomas Sternweis sold 10,047 shares of the stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $2.77, for a total transaction of $27,830.19. Following the transaction, the senior vice president now owns 237,211 shares in the company, valued at $657,074.47. The disclosure for this sale can be found here. Insiders sold a total of 137,160 shares of company stock valued at $379,933 in the last three months. Company insiders own 8.60% of the company’s stock.

Hedge Funds Weigh In On Honest

Large investors have recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. acquired a new stake in shares of Honest in the 1st quarter worth $3,777,000. Renaissance Technologies LLC boosted its holdings in Honest by 117.3% in the second quarter. Renaissance Technologies LLC now owns 1,568,000 shares of the company’s stock worth $4,579,000 after acquiring an additional 846,300 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of Honest by 706.1% during the second quarter. Acadian Asset Management LLC now owns 716,332 shares of the company’s stock worth $2,088,000 after acquiring an additional 627,464 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of Honest by 973.4% during the first quarter. Jacobs Levy Equity Management Inc. now owns 430,090 shares of the company’s stock valued at $1,742,000 after acquiring an additional 390,022 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Honest by 68.1% during the second quarter. Dimensional Fund Advisors LP now owns 943,618 shares of the company’s stock valued at $2,755,000 after acquiring an additional 382,418 shares in the last quarter. 45.54% of the stock is currently owned by institutional investors.

About Honest

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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.