Telsey Advisory Group Predicts Honest Q1 Earnings

The Honest Company, Inc. (NASDAQ:HNST) – Investment analysts at Telsey Advisory Group issued their Q1 2025 earnings per share estimates for Honest in a research note issued on Thursday, February 27th. Telsey Advisory Group analyst D. Telsey anticipates that the company will earn ($0.01) per share for the quarter. Telsey Advisory Group has a “Market Perform” 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. Telsey Advisory Group also issued estimates for Honest’s Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.01 EPS and FY2026 earnings at $0.05 EPS.

Other equities analysts also recently issued reports about the company. Loop Capital downgraded 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. B. Riley raised their price target on shares of Honest from $6.50 to $7.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Alliance Global Partners increased their price objective on shares of Honest from $5.75 to $8.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Finally, Northland Securities raised their target price on shares of Honest from $7.50 to $9.50 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Honest presently has a consensus rating of “Moderate Buy” and a consensus price target of $6.93.

Honest Trading Down 11.8 %

Shares of HNST opened at $5.01 on Friday. 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 P/E ratio of -125.25 and a beta of 2.43. The stock’s fifty day simple moving average is $6.30 and its 200 day simple moving average is $5.44.

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 analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $99.84 million for the quarter, compared to the consensus estimate of $96.46 million. Honest had a negative net margin of 1.13% and a negative return on equity of 3.26%.

Institutional Investors Weigh In On Honest

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

Insider Activity

In other news, Director Jessica Warren sold 465,000 shares of Honest stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $7.55, for a total transaction of $3,510,750.00. Following the sale, the director now directly owns 1,170,058 shares of the company’s stock, valued at approximately $8,833,937.90. The trade was a 28.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 8.60% 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.