Equities Analysts Offer Predictions for Honest Q4 Earnings

The Honest Company, Inc. (NASDAQ:HNST) – Equities researchers at Northland Securities lowered their Q4 2026 earnings per share estimates for Honest in a research report issued on Thursday, November 5th. Northland Securities analyst O. Rickert now anticipates that the company will earn ($0.01) per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for Honest’s current full-year earnings is $0.05 per share.

Other analysts have also issued research reports about the stock. Freedom Broker lowered shares of Honest from a “strong-buy” rating to a “hold” rating in a report on Friday. Morgan Stanley boosted their target price on Honest from $3.40 to $5.70 and gave the stock an “equal weight” rating in a report on Wednesday, August 12th. Alliance Global Partners restated a “buy” rating on shares of Honest in a research report on Thursday, August 6th. Wall Street Zen raised Honest from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Telsey Advisory Group raised their price target on Honest from $4.00 to $5.00 and gave the company a “market perform” rating in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Honest has a consensus rating of “Hold” and an average price target of $5.42.

Honest Stock Up 10.7%

NASDAQ:HNST opened at $5.17 on Tuesday. The firm has a market cap of $569.11 million, a PE ratio of 7.49 and a beta of 2.48. Honest has a 12 month low of $2.07 and a 12 month high of $6.01. The company’s 50-day moving average price is $5.11 and its two-hundred day moving average price is $3.83.

Honest (NASDAQ:HNST) last issued its earnings results on Thursday, November 5th. The company reported $0.03 EPS for the quarter. Honest had a negative net margin of 3.56% and a positive return on equity of 4.31%. The company had revenue of $84.61 million for the quarter, compared to the consensus estimate of $80.79 million.

Insider Activity at Honest

In other Honest news, General Counsel Brendan Sheehey sold 9,664 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $4.99, for a total value of $48,223.36. Following the completion of the sale, the general counsel owned 706,224 shares in the company, valued at approximately $3,524,057.76. This trade represents a 1.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dorria Ball sold 6,812 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $4.99, for a total transaction of $33,991.88. Following the completion of the sale, the insider owned 418,584 shares of the company’s stock, valued at $2,088,734.16. The trade was a 1.60% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 150,854 shares of company stock worth $752,853 in the last quarter. Insiders own 9.40% of the company’s stock.

Institutional Trading of Honest

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP acquired a new position in Honest during the 2nd quarter worth $26,000. Legal & General Group Plc acquired a new stake in shares of Honest in the 2nd quarter valued at $36,000. Amundi acquired a new stake in shares of Honest in the 2nd quarter valued at $44,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Honest during the second quarter worth $56,000. Finally, State of Wyoming bought a new stake in shares of Honest during the second quarter worth $75,000. Institutional investors and hedge funds own 45.54% of the company’s stock.

Honest Company Profile

The Honest Company, Inc is a consumer products company that develops and sells personal care, beauty, baby, and household products. Its offerings include diapers, wipes, baby care items, skin care, hair care, personal care products, and household cleaning solutions, with an emphasis on ingredient transparency and products positioned as safer and more sustainable alternatives.

Founded in 2011 by actress and entrepreneur Jessica Alba, Honest sells its products through its website and retail partners.