Northland Securities Forecasts Honest Q1 Earnings

The Honest Company, Inc. (NASDAQ:HNSTFree Report) – Stock analysts at Northland Securities issued their Q1 2027 earnings estimates for Honest in a report issued on Wednesday, July 8th. Northland Securities analyst O. Rickert anticipates that the company will earn $0.01 per share for the quarter. The consensus estimate for Honest’s current full-year earnings is $0.10 per share. Northland Securities also issued estimates for Honest’s Q2 2027 earnings at $0.02 EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.02 EPS and FY2027 earnings at $0.08 EPS.

Honest (NASDAQ:HNSTGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Honest had a negative net margin of 5.39% and a positive return on equity of 3.52%. The firm had revenue of $78.10 million for the quarter, compared to the consensus estimate of $76.25 million.

Several other analysts have also recently issued reports on the company. Alliance Global Partners reiterated a “buy” rating on shares of Honest in a research report on Thursday, May 7th. Wall Street Zen raised Honest from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Telsey Advisory Group restated a “market perform” rating and issued a $4.00 price target on shares of Honest in a research note on Thursday, May 7th. Zacks Research upgraded Honest from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 26th. Finally, Morgan Stanley set a $3.40 target price on shares of Honest in a report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $3.47.

Read Our Latest Analysis on HNST

Honest Stock Performance

Shares of HNST stock opened at $3.90 on Thursday. The stock has a fifty day simple moving average of $3.52 and a two-hundred day simple moving average of $2.99. Honest has a 52-week low of $2.07 and a 52-week high of $5.28. The firm has a market capitalization of $429.31 million, a PE ratio of -22.94 and a beta of 2.11.

Insider Activity at Honest

In related news, CFO Curtiss James Bruce III sold 12,669 shares of Honest stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $3.14, for a total transaction of $39,780.66. Following the completion of the sale, the chief financial officer owned 526,157 shares in the company, valued at $1,652,132.98. This trade represents a 2.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Carla Vernon sold 119,389 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $3.14, for a total transaction of $374,881.46. Following the completion of the sale, the chief executive officer directly owned 3,946,451 shares of the company’s stock, valued at approximately $12,391,856.14. This trade represents a 2.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 175,058 shares of company stock valued at $550,591 over the last ninety days. Company insiders own 9.40% of the company’s stock.

Hedge Funds Weigh In On Honest

Institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Honest by 6.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,916 shares of the company’s stock valued at $235,000 after purchasing an additional 3,210 shares during the period. Millennium Management LLC increased its holdings in Honest by 16.4% during the 1st quarter. Millennium Management LLC now owns 1,936,846 shares of the company’s stock worth $9,103,000 after purchasing an additional 272,765 shares during the period. Goldman Sachs Group Inc. raised its position in Honest by 18.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,064,179 shares of the company’s stock valued at $5,002,000 after purchasing an additional 163,380 shares in the last quarter. Creative Planning raised its position in Honest by 183.2% during the 2nd quarter. Creative Planning now owns 64,942 shares of the company’s stock valued at $331,000 after purchasing an additional 42,008 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Honest by 18.1% during the 2nd quarter. Rhumbline Advisers now owns 134,690 shares of the company’s stock valued at $686,000 after purchasing an additional 20,603 shares in the last quarter. 45.54% of the stock is owned by hedge funds and other institutional investors.

About Honest

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The Honest Company, Inc (NASDAQ: HNST) is an American consumer goods firm specializing in eco-friendly and responsibly formulated products for babies, personal care, beauty and home cleaning. The company emphasizes transparency in ingredient sourcing and product safety, positioning itself in the premium segment of mass-market retail and direct-to-consumer channels.

Honest was founded in 2011 by actress Jessica Alba and environmental health advocate Christopher Gavigan with a mission to offer parents household and baby care items free from harsh chemicals and synthetic fragrances.

Further Reading

Earnings History and Estimates for Honest (NASDAQ:HNST)

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