Q3 EPS Estimates for Honest Lowered 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) - Equities research analysts at Telsey Advisory Group decreased their Q3 2025 earnings per share estimates for Honest in a note issued to investors 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 estimate of $0.03. Telsey Advisory Group has a "Market Perform" rating and a $6.00 price target 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 released its quarterly earnings data on Wednesday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.02). The business had revenue of $93.46 million during the quarter, compared to the consensus estimate of $92.18 million. Honest had a net margin of 1.66% and a return on equity of 3.84%.

Honest Trading Down 3.1%

NASDAQ:HNST traded down $0.13 on Monday, hitting $3.89. The company's stock had a trading volume of 1,806,566 shares, compared to its average volume of 2,812,867. The stock has a fifty day moving average of $4.68 and a two-hundred day moving average of $4.99. The firm has a market capitalization of $432.28 million, a P/E ratio of 77.72 and a beta of 2.34. Honest has a one year low of $3.32 and a one year high of $8.97.

Insider Transactions at Honest

In other news, SVP Jonathan Mayle sold 4,788 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $5.32, for a total transaction of $25,472.16. Following the transaction, the senior vice president owned 302,952 shares in the company, valued at approximately $1,611,704.64. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dorria L. Ball sold 4,836 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $5.32, for a total value of $25,727.52. Following the transaction, the insider owned 272,247 shares in the company, valued at approximately $1,448,354.04. This trade represents a 1.75% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 165,726 shares of company stock valued at $881,662. Company insiders own 8.90% of the company's stock.

Hedge Funds Weigh In On Honest

A number of large investors have recently made changes to their positions in HNST. Summit Securities Group LLC increased its stake in Honest by 6,101.8% during the 1st quarter. Summit Securities Group LLC now owns 6,822 shares of the company's stock worth $32,000 after acquiring an additional 6,712 shares during the period. Strategic Blueprint LLC acquired a new stake in shares of Honest in the 2nd quarter valued at $52,000. DRW Securities LLC bought a new position in shares of Honest in the 1st quarter valued at $58,000. Ethos Financial Group LLC bought a new position in shares of Honest in the 2nd quarter valued at $62,000. Finally, Aigen Investment Management LP bought a new position in shares of Honest in the 1st quarter valued at $64,000. Institutional investors own 45.54% of the company's stock.

About Honest

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.