With 2.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.59 million shares. The 52-week range on HNST shows that it touched its highest point at $8.97 and its lowest point at $2.40 during that stretch. It currently has a 1-year price target of $7.17. Beta for the stock currently stands at 2.38.
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 HNST was up-trending over the past week, with a rise of 3.71%, but this was up by 4.14% over a month. Three-month performance dropped to -1.57% while six-month performance fell -39.54%. The stock gained 80.94% in the past year, while it has lost -27.42% so far this year. A look at the trailing 12-month EPS for HNST yields -0.02 with Next year EPS estimates of 0.13. For the next quarter, that number is 0.01. This implies an EPS growth rate of 276.19% for this year and 26.13% for next year.
Float and Shares Shorts:
At present, 110.49 million HNST shares are outstanding with a float of 93.14 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HNST since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.05648571 being high and -$0.08472857 being low. For HNST, this leads to a yearly average estimate of -$0.0659. Based on analyst estimates, the high estimate for the next quarter is $0.06 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.06.
