Q3 EPS Estimates for Honest Reduced by Telsey Advisory Group

Key Points

• Telsey Advisory Group has downgraded its Q3 2025 EPS estimate for The Honest Company from $0.03 to ($0.01), while maintaining a "Market Perform" rating and setting a target price of $6.00.
• The Honest Company reported an EPS of $0.03 for Q2, missing analysts' expectations, but managed to exceed revenue predictions with $93.46 million in total sales.
• Significant insider trading activity was noted, with several executives selling shares while institutional investors increased their stakes in the company during the past quarter.

The Honest Company, Inc. (NASDAQ:HNST - Free Report) - Telsey Advisory Group decreased their Q3 2025 earnings per share (EPS) estimates for Honest in a report released on Thursday, August 7th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will earn ($0.01) per share for the quarter, down from their previous forecast of $0.03. Telsey Advisory Group currently has a "Market Perform" rating and a $6.00 target price on the stock. The consensus estimate for Honest's current full-year earnings is ($0.07) per share. Telsey Advisory Group also issued estimates for Honest's Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.12 EPS and FY2026 earnings at $0.13 EPS.

Honest (NASDAQ:HNST - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.02). The firm had revenue of $93.46 million for the quarter, compared to analysts' expectations of $92.18 million. Honest had a return on equity of 3.84% and a net margin of 1.66%.

Honest Stock Up 5.1%

Shares of Honest stock opened at $3.93 on Monday. The firm has a market cap of $437.29 million, a price-to-earnings ratio of 78.62 and a beta of 2.34. Honest has a 52-week low of $3.32 and a 52-week high of $8.97. The company's 50-day simple moving average is $4.74 and its 200-day simple moving average is $5.02.

Hedge Funds Weigh In On Honest

A number of large investors have recently made changes to their positions in the stock. Intech Investment Management LLC lifted its stake in shares of Honest by 19.5% in the second quarter. Intech Investment Management LLC now owns 76,867 shares of the company's stock valued at $391,000 after purchasing an additional 12,517 shares during the period. Creative Planning lifted its position in shares of Honest by 183.2% during the 2nd quarter. Creative Planning now owns 64,942 shares of the company's stock valued at $331,000 after acquiring an additional 42,008 shares during the period. Olympiad Research LP acquired a new stake in shares of Honest during the 2nd quarter valued at approximately $78,000. Police & Firemen s Retirement System of New Jersey boosted its stake in shares of Honest by 36.3% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 21,942 shares of the company's stock worth $112,000 after acquiring an additional 5,840 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Honest by 10.5% in the 2nd quarter. Geode Capital Management LLC now owns 2,068,945 shares of the company's stock worth $10,532,000 after acquiring an additional 196,218 shares during the period. Hedge funds and other institutional investors own 45.54% of the company's stock.

Insider Activity at Honest

In other Honest news, General Counsel Brendan Sheehey sold 12,017 shares of the stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $5.32, for a total value of $63,930.44. Following the completion of the transaction, the general counsel owned 580,647 shares in the company, valued at approximately $3,089,042.04. This represents a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO David Loretta sold 34,389 shares of the firm's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $5.32, for a total value of $182,949.48. Following the completion of the sale, the chief financial officer directly owned 883,153 shares of the company's stock, valued at approximately $4,698,373.96. This trade represents a 3.75% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 165,726 shares of company stock worth $881,662 in the last three months. 8.90% of the stock is currently owned by corporate insiders.

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.

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