Is Honest Company Inc (NASDAQ: HNST) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

HNST belongs to the Consumer Defensive sector of the NASDAQ while operating in the Household & Personal Products industry. The current market capitalization of Honest Company Inc is $415.33M. A total of 1.19 million shares were traded on the day, compared to an average of 1.42M shares.

In the most recent transaction, Winchell Stephen sold 6,938 shares of HNST for 4.28 per share on Aug 21 ’24. After the transaction, the EVP, Operations and R&D now owns 414,736 company shares. In a previous transaction on Aug 21 ’24, Loretta David sold 75,656 shares at 4.28 per share. HNST shares that Chief Financial Officer owns now total 987,757.

Among the insiders who sold shares, Vernon Carla disposed of 52,751 shares on Aug 21 ’24 at a per-share price of $4.28. This resulted in the Chief Executive Officer holding 2,828,319 shares of HNST after the transaction. In another insider transaction, Barton Katherine sold 16,185 shares at $4.28 per share on Aug 21 ’24. Company shares held by the Chief Growth Officer now total 916,820.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, HNST has a high of $4.89 and a low of $1.06.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. HNST’s latest balance sheet shows that the firm has $93.18M in Cash & Short Term Investments as of fiscal 2021. There were $37.53M in debt and $48.48M in liabilities at the time. Its Book Value Per Share was $1.29, while its Total Shareholder’s Equity was $179.11M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HNST is Buy with a score of 4.33.

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