Investors in cash trouble should check out Hims & Hers Health Inc (HIMS)

With 32.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 12.17 million shares. During the session, the Household & Personal Products company that operates in wider Consumer Defensive sector, reached to the highest price of $21.38 whereas the lowest price it dropped to was $19.1501. The 52-week range on HIMS shows that it touched its highest point at $30.44 and its lowest point at $7.40 during that stretch. It currently has a 1-year price target of $25.23. Beta for the stock currently stands at 1.08.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HIMS was down-trending over the past week, with a drop of -17.47%, but this was down by -10.39% over a month. Three-month performance surged to 16.67% while six-month performance rose 32.60%. The stock gained 150.58% in the past year, while it has gained 117.08% so far this year. A look at the trailing 12-month EPS for HIMS yields 0.43 with Next year EPS estimates of 0.91. For the next quarter, that number is 0.18. This implies an EPS growth rate of 859.44% for this year and 8.61% for next year.

Float and Shares Shorts:

At present, 205.10 million HIMS shares are outstanding with a float of 177.18 million shares on hand for trading. On 2024-10-31, short shares totaled 33.84 million, which was 1554.0 higher than short shares on 1727654400. In addition to Mr. Andrew Dudum as the firm’s Co-Founder, Chairman & CEO, Mr. Yemi Okupe serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.66159 of HIMS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, HIMS reported revenue of $401556000.0 and operating income of $22374000.0. The EBITDA in the recently reported quarter was $26757000.0 and diluted EPS was $0.32.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HIMS since 13 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HIMS analysts setting a high price target of 32.0 and a low target of 18.0, the average target price over the next 12 months is 24.5. Based on these targets, HIMS could surge 65.63% to reach the target high and fall by -6.83% to reach the target low. Reaching the average price target will result in a growth of 26.81% from current levels.

Analysts have provided yearly estimates in a range of $0.89615 being high and $0.77463 being low. For HIMS, this leads to a yearly average estimate of $0.83539. The surprise factor in the prior quarter was $0.12. Based on analyst estimates, the high estimate for the next quarter is $0.19 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.18.