The Honest CompanyHNST
About: The Honest Co Inc is a digitally-native consumer products company to makes purpose-driven consumer products designed for all people. It is an omnichannel brand, ensuring its products are available wherever its consumers shop through the company's Retail and Digital channels. It has three product categories namely; Diapers and Wipes, Skin and Personal Care, and Household and Wellness, out of which the majority of its revenue is generated from the sale of diapers and wipes. The company operates only in the United States.
Employees: 176
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
3% more funds holding
Funds holding: 123 [Q1] → 127 (+4) [Q2]
1.73% more ownership
Funds ownership: 53.65% [Q1] → 55.38% (+1.73%) [Q2]
2% more call options, than puts
Call options by funds: $559K | Put options by funds: $546K
23% less capital invested
Capital invested by funds: $208M [Q1] → $160M (-$48.6M) [Q2]
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
B. Riley Securities Anna Glaessgen 29% 1-year accuracy 2 / 7 met price target | 72%upside $6.50 | Buy Initiated | 10 Sept 2024 |
Northland Capital Markets Owen Rickert 0% 1-year accuracy 0 / 1 met price target | 72%upside $6.50 | Outperform Maintained | 9 Aug 2024 |
Northland Capital Markets Owen Rickert 0% 1-year accuracy 0 / 1 met price target | 59%upside $6 | Outperform Initiated | 6 Aug 2024 |