Equities Analysts Issue Forecasts for Honest Q1 Earnings

The Honest Company, Inc. (NASDAQ:HNST) – Equities research analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for shares of Honest in a research note issued on Thursday, February 27th. B. Riley analyst A. Glaessgen expects that the company will post earnings of $0.02 per share for the quarter. B. Riley currently has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for Honest’s current full-year earnings is ($0.07) per share. B. Riley also issued estimates for Honest’s Q2 2025 earnings at $0.07 EPS and Q3 2025 earnings at $0.07 EPS.

HNST has been the topic of a number of other reports. Loop Capital lowered Honest from a “buy” rating to a “hold” rating and set a $7.00 target price on the stock. in a research note on Tuesday, December 17th. Telsey Advisory Group restated a “market perform” rating and issued a $7.00 target price on shares of Honest in a research note on Thursday. Northland Securities upped their target price on Honest from $7.50 to $9.50 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Finally, Alliance Global Partners upped their target price on Honest from $5.75 to $8.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $6.93.

Honest Stock Up 7.8 %

Shares of NASDAQ HNST opened at $5.40 on Friday. The firm has a market capitalization of $545.19 million, a P/E ratio of -135.00 and a beta of 2.43. The stock’s 50-day simple moving average is $6.27 and its two-hundred day simple moving average is $5.45. Honest has a twelve month low of $2.40 and a twelve month high of $8.97.

Honest (NASDAQ:HNST) last released its quarterly earnings data on Wednesday, February 26th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. Honest had a negative return on equity of 3.26% and a negative net margin of 1.13%. The company had revenue of $99.84 million for the quarter, compared to analyst estimates of $96.46 million.

Hedge Funds Weigh In On Honest

Hedge funds and other institutional investors have recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in shares of Honest in the 4th quarter worth about $26,000. Zacks Investment Management purchased a new position in shares of Honest in the 3rd quarter worth about $37,000. Creative Planning purchased a new stake in Honest during the 3rd quarter valued at about $39,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Honest during the 3rd quarter valued at about $40,000. Finally, New York State Teachers Retirement System purchased a new stake in Honest during the 4th quarter valued at about $52,000. 45.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Honest

In other news, Director Jessica Warren sold 465,000 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $7.55, for a total value of $3,510,750.00. Following the completion of the transaction, the director now directly owns 1,170,058 shares in the company, valued at approximately $8,833,937.90. This represents a 28.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 8.60% 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.