Honest Company Stock Performance
| HNST Stock | USD 3.11 0.09 2.98% |
On a scale of 0 to 100, Honest holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 2.68, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Honest will likely underperform. Please check Honest's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Honest's current trending patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Honest Company are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile basic indicators, Honest unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 4.32 | Five Day Return 2.94 | Year To Date Return (1.25) | Ten Year Return (80.31) | All Time Return (80.31) |
1 | The Honest Company Announces Inducement Grant Under Nasdaq Listing Rule 5635 | 03/01/2024 |
2 | The Honest Company, Inc. Q4 2023 Earnings Call Transcript | 03/07/2024 |
3 | Insider Selling The Honest Company, Inc. EVP Sells 63,714.60 in Stock | 03/11/2024 |
4 | Is Honest Company Inc Stock at the Top of the Household Personal Products Industry - InvestorsObserver | 03/19/2024 |
5 | Carla Vernon Sells 209160 Shares of The Honest Company, Inc. Stock - Defense World | 03/22/2024 |
6 | All You Need to Know About The Honest Company Rating Upgrade to Buy | 03/26/2024 |
7 | Q4 Rundown BeautyHealth Vs Other Personal Care Stocks | 03/28/2024 |
8 | Disposition of tradable shares by Jonathan Mayle of Honest subject to Rule 16b-3 | 04/04/2024 |
9 | Founder Jessica Alba to Step Down from Role as Chief Creative Officer at The Honest Company Following a Record Q4 Performance | 04/09/2024 |
10 | The Honest Company, Inc. Position Lessened by Prime Capital Investment Advisors LLC - Defense World | 04/15/2024 |
11 | Disposition of 276113 shares by Jessica Warren of Honest at 3.0674 subject to Rule 16b-3 | 04/17/2024 |
12 | Disposition of 265820 shares by Jessica Warren of Honest at 3.0557 subject to Rule 16b-3 | 04/18/2024 |
13 | Disposition of 253815 shares by Jessica Warren of Honest at 2.9868 subject to Rule 16b-3 | 04/19/2024 |
| Begin Period Cash Flow | 9.5 M |
Honest |
Honest Relative Risk vs. Return Landscape
If you would invest 285.00 in Honest Company on January 24, 2024 and sell it today you would earn a total of 26.00 from holding Honest Company or generate 9.12% return on investment over 90 days. Honest Company is currently generating 0.267% in daily expected returns and assumes 5.2699% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of stocks are less volatile than Honest, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Honest Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Honest's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Honest Company, and traders can use it to determine the average amount a Honest's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0507
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HNST | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.27 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Honest is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Honest by adding it to a well-diversified portfolio.
Honest Fundamentals Growth
Honest Stock prices reflect investors' perceptions of the future prospects and financial health of Honest, and Honest fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Honest Stock performance.
| Return On Equity | -0.29 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.1) % | ||||
| Current Valuation | 286.64 M | ||||
| Shares Outstanding | 97.03 M | ||||
| Price To Book | 2.56 X | ||||
| Price To Sales | 0.92 X | ||||
| Revenue | 344.7 M | ||||
| Gross Profit | 92.31 M | ||||
| EBITDA | (18.59 M) | ||||
| Net Income | (39.24 M) | ||||
| Cash And Equivalents | 66.85 M | ||||
| Cash Per Share | 0.72 X | ||||
| Total Debt | 29.87 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 3.27 X | ||||
| Book Value Per Share | 1.28 X | ||||
| Cash Flow From Operations | 19.35 M | ||||
| Earnings Per Share | (0.42) X | ||||
| Market Capitalization | 293.04 M | ||||
| Total Asset | 201.62 M | ||||
| Retained Earnings | (479.07 M) | ||||
| Working Capital | 101.06 M | ||||
About Honest Performance
To evaluate Honest Company Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Honest generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Honest Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Honest Company market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Honest's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 110.97 | 111.82 | |
| Return On Tangible Assets | (0.20) | (0.21) | |
| Return On Capital Employed | (0.15) | (0.15) | |
| Return On Assets | (0.19) | (0.20) | |
| Return On Equity | (0.32) | (0.30) |
Things to note about Honest Company performance evaluation
Checking the ongoing alerts about Honest for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Honest Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Honest Company had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 344.7 M. Net Loss for the year was (39.24 M) with profit before overhead, payroll, taxes, and interest of 92.31 M. | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Disposition of 253815 shares by Jessica Warren of Honest at 2.9868 subject to Rule 16b-3 |
- Analyzing Honest's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Honest's stock is overvalued or undervalued compared to its peers.
- Examining Honest's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Honest's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Honest's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Honest's stock. These opinions can provide insight into Honest's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honest Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Honest Stock analysis
When running Honest's price analysis, check to measure Honest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Honest is operating at the current time. Most of Honest's value examination focuses on studying past and present price action to predict the probability of Honest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honest's price. Additionally, you may evaluate how the addition of Honest to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Is Honest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honest. If investors know Honest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share 3.643 | Quarterly Revenue Growth 0.103 | Return On Assets (0.10) | Return On Equity (0.29) |
The market value of Honest Company is measured differently than its book value, which is the value of Honest that is recorded on the company's balance sheet. Investors also form their own opinion of Honest's value that differs from its market value or its book value, called intrinsic value, which is Honest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honest's market value can be influenced by many factors that don't directly affect Honest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Honest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.