Northland Capmk Predicts Honest’s Q1 Earnings (NASDAQ:HNST)

The Honest Company, Inc. (NASDAQ:HNST) – Stock analysts at Northland Capmk increased their Q1 2025 earnings per share estimates for Honest in a research note issued on Wednesday, November 13th. Northland Capmk analyst O. Rickert now expects that the company will post earnings of $0.00 per share for the quarter, up from their prior estimate of ($0.01). Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Honest’s current full-year earnings is ($0.10) per share. Northland Capmk also issued estimates for Honest’s Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.01 EPS and Q4 2025 earnings at $0.01 EPS.

Other research analysts have also recently issued research reports about the stock. B. Riley raised their price target on shares of Honest from $6.50 to $7.00 and gave the stock a “buy” rating in a report on Wednesday. Telsey Advisory Group lifted their price target on Honest from $4.00 to $6.00 and gave the stock a “market perform” rating in a research report on Wednesday. Alliance Global Partners increased their price objective on Honest from $5.75 to $8.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Northland Securities lifted their target price on Honest from $6.50 to $7.50 and gave the stock an “outperform” rating in a report on Wednesday. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $5.93.

Honest Stock Up 6.3 %

Shares of Honest stock opened at $6.91 on Friday. The firm has a market capitalization of $697.64 million, a P/E ratio of -172.75 and a beta of 1.85. Honest has a 52 week low of $1.40 and a 52 week high of $7.14. The company has a 50 day moving average price of $3.96 and a 200 day moving average price of $3.52.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. EntryPoint Capital LLC purchased a new stake in Honest in the 1st quarter worth $27,000. Zacks Investment Management purchased a new stake in shares of Honest during the third quarter worth about $37,000. Creative Planning purchased a new position in Honest in the 3rd quarter valued at about $39,000. Wealth Enhancement Advisory Services LLC purchased a new position in Honest in the 3rd quarter valued at about $40,000. Finally, Lazard Asset Management LLC acquired a new stake in Honest in the 1st quarter worth about $52,000. 45.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, General Counsel Brendan Sheehey sold 8,176 shares of Honest stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $4.28, for a total value of $34,993.28. Following the completion of the transaction, the general counsel now owns 517,861 shares in the company, valued at $2,216,445.08. The trade was a 1.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Carla Vernon sold 52,751 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $4.28, for a total value of $225,774.28. Following the transaction, the chief executive officer now owns 2,828,319 shares in the company, valued at $12,105,205.32. This represents a 1.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,461,187 shares of company stock valued at $8,739,880 in the last quarter. 8.60% of the stock is currently owned by company insiders.

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.