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 Q3 regulatory filings by fund managers ($100M+ AUM)
96% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 28
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
32% more capital invested
Capital invested by funds: $161M [Q2] → $214M (+$52.3M) [Q3]
13% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $911K
13% more funds holding
Funds holding: 127 [Q2] → 143 (+16) [Q3]
3.88% more ownership
Funds ownership: 55.97% [Q2] → 59.85% (+3.88%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Loop Capital Laura Champine 64% 1-year accuracy 16 / 25 met price target | 2%upside $7 | Hold Downgraded | 17 Dec 2024 |
Northland Capital Markets Owen Rickert 63% 1-year accuracy 5 / 8 met price target | 38%upside $9.50 | Outperform Maintained | 4 Dec 2024 |
Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target | 13%downside $6 | Market Perform Maintained | 13 Nov 2024 |
B. Riley Securities Anna Glaessgen 50% 1-year accuracy 6 / 12 met price target | 2%upside $7 | Buy Maintained | 13 Nov 2024 |