B. Riley Weighs in on Honest’s Q1 Earnings (NASDAQ:HNST)

The Honest Company, Inc. (NASDAQ:HNST) – Equities research analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for Honest in a research note issued on Thursday, February 27th. B. Riley analyst A. Glaessgen expects that the company will earn $0.02 per share for the quarter. B. Riley 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.

Several other research analysts also recently commented on HNST. Northland Securities raised their price objective on shares of Honest from $7.50 to $9.50 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Alliance Global Partners lifted their price target on Honest from $5.75 to $8.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Loop Capital cut Honest from a “buy” rating to a “hold” rating and set a $7.00 price objective on the stock. in a report on Tuesday, December 17th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $7.00 target price on shares of Honest in a report on Thursday. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honest currently has a consensus rating of “Moderate Buy” and an average price target of $6.93.

Honest Stock Down 11.8 %

Shares of NASDAQ:HNST opened at $5.01 on Friday. The company has a 50-day moving average price of $6.30 and a two-hundred day moving average price of $5.44. Honest has a twelve month low of $2.40 and a twelve month high of $8.97. The firm has a market capitalization of $505.81 million, a PE ratio of -125.25 and a beta of 2.43.

Honest (NASDAQ:HNST) last posted its quarterly earnings results on Wednesday, February 26th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $96.46 million.

Hedge Funds Weigh In On Honest

A number of institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. purchased a new position in Honest in the fourth quarter worth $26,000. New York State Teachers Retirement System purchased a new position in shares of Honest in the 4th quarter worth about $52,000. Zacks Investment Management bought a new position in shares of Honest during the 3rd quarter valued at about $37,000. Creative Planning purchased a new position in shares of Honest during the 3rd quarter valued at about $39,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Honest in the 3rd quarter worth approximately $40,000. Institutional investors own 45.54% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jessica Warren sold 465,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $7.55, for a total value of $3,510,750.00. Following the sale, the director now directly owns 1,170,058 shares of the company’s stock, valued at $8,833,937.90. This trade represents a 28.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate 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.