Equities Analysts Issue Forecasts for Honest Q1 Earnings

The Honest Company, Inc. (NASDAQ:HNST) – Investment analysts at B. Riley issued their Q1 2025 earnings per share estimates for Honest in a report released on Thursday, February 27th. B. Riley analyst A. Glaessgen expects that the company will earn $0.02 per share for the quarter. B. Riley currently has a “Buy” rating and a $7.00 target price 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.

Several other brokerages have also recently weighed in on HNST. Telsey Advisory Group reissued a “market perform” rating and issued a $7.00 price target on shares of Honest in a research note on Thursday. Alliance Global Partners raised 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. Northland Securities raised 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, Loop Capital cut Honest from a “buy” rating to a “hold” rating and set a $7.00 target price for the company. in a research note on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $6.93.

Honest Trading Up 7.8 %

Shares of HNST stock opened at $5.40 on Friday. The stock has a market cap of $545.19 million, a price-to-earnings ratio of -135.00 and a beta of 2.43. The stock has a 50-day moving average of $6.27 and a 200-day moving average of $5.45. Honest has a 1-year low of $2.40 and a 1-year high of $8.97.

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

Insider Buying and Selling at Honest

In other Honest news, Director Jessica Warren sold 465,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the director now owns 1,170,058 shares of the company’s stock, valued at approximately $8,833,937.90. This trade represents a 28.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 8.60% of the company’s stock.

Institutional Investors Weigh In On Honest

A number of hedge funds have recently added to or reduced their stakes in HNST. SBI Securities Co. Ltd. acquired a new stake in Honest in the fourth quarter valued at approximately $26,000. Zacks Investment Management bought a new stake in Honest during the third quarter worth $37,000. Creative Planning bought a new stake in Honest during the third quarter worth $39,000. Wealth Enhancement Advisory Services LLC bought a new stake in Honest during the third quarter worth $40,000. Finally, New York State Teachers Retirement System purchased a new position in shares of Honest during the 4th quarter valued at $52,000. Institutional investors and hedge funds own 45.54% of the company’s stock.

Honest Company Profile

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.