Honest (HNST) Projected to Post Earnings on Wednesday

Honest (NASDAQ:HNST - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect Honest to post earnings of $0.02 per share and revenue of $92.46 million for the quarter. Honest has set its FY 2025 guidance at EPS.

Honest (NASDAQ:HNST - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.01. Honest had a negative return on equity of 3.26% and a negative net margin of 1.13%. The firm had revenue of $99.84 million during the quarter, compared to analyst estimates of $96.46 million. On average, analysts expect Honest to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Honest Stock Performance

HNST stock traded down $0.05 on Monday, hitting $4.94. 1,769,812 shares of the company's stock were exchanged, compared to its average volume of 2,181,525. The firm has a 50 day moving average price of $4.78 and a two-hundred day moving average price of $5.72. The stock has a market cap of $544.54 million, a P/E ratio of -123.50 and a beta of 2.43. Honest has a 12-month low of $2.40 and a 12-month high of $8.97.

Insider Transactions at Honest

In other Honest news, insider Stephen Winchell sold 20,000 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $4.98, for a total transaction of $99,600.00. Following the sale, the insider now directly owns 431,844 shares of the company's stock, valued at $2,150,583.12. The trade was a 4.43 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jonathan Mayle sold 37,481 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $4.87, for a total transaction of $182,532.47. Following the completion of the transaction, the senior vice president now directly owns 307,740 shares in the company, valued at $1,498,693.80. This trade represents a 10.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 8.60% of the company's stock.

Analyst Ratings Changes

Separately, Telsey Advisory Group reaffirmed a "market perform" rating and set a $7.00 price target on shares of Honest in a research report on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $7.70.

Honest Company Profile

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.