Equities Analysts Offer Predictions for Honest Q4 Earnings

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

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

A number of other research firms have also commented on HNST. Freedom Broker lowered shares of Honest from a “strong-buy” rating to a “hold” rating in a report on Friday. Wall Street Zen raised Honest from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Morgan Stanley increased their price target on Honest from $3.40 to $5.70 and gave the company an “equal weight” rating in a research note on Wednesday, August 12th. Telsey Advisory Group raised their price target on Honest from $4.00 to $5.00 and gave the stock a “market perform” rating in a research report on Thursday, August 6th. Finally, Zacks Research raised Honest from a “hold” rating to a “strong-buy” rating in a research note on Friday. Two investment 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $5.42.

Honest Price Performance

Shares of NASDAQ HNST opened at $5.17 on Tuesday. The company’s 50 day simple moving average is $5.11 and its 200 day simple moving average is $3.83. Honest has a fifty-two week low of $2.07 and a fifty-two week high of $6.01. The firm has a market capitalization of $569.11 million, a P/E ratio of 7.49 and a beta of 2.48.

Hedge Funds Weigh In On Honest

Several institutional investors and hedge funds have recently made changes to their positions in HNST. Harbour Investments Inc. lifted its holdings in Honest by 12.8% during the third quarter. Harbour Investments Inc. now owns 27,763 shares of the company’s stock worth $142,000 after acquiring an additional 3,155 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Honest by 155.0% in the third quarter. Russell Investments Group Ltd. now owns 108,892 shares of the company’s stock valued at $559,000 after acquiring an additional 66,194 shares during the period. Knights of Columbus Asset Advisors LLC increased its holdings in shares of Honest by 0.5% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 520,924 shares of the company’s stock worth $2,672,000 after acquiring an additional 2,439 shares in the last quarter. Vise Technologies Inc. increased its holdings in shares of Honest by 10.0% in the third quarter. Vise Technologies Inc. now owns 44,272 shares of the company’s stock worth $227,000 after acquiring an additional 4,020 shares in the last quarter. Finally, State of Wyoming raised its position in shares of Honest by 488.4% during the third quarter. State of Wyoming now owns 120,765 shares of the company’s stock worth $620,000 after purchasing an additional 100,241 shares during the period. Institutional investors and hedge funds own 45.54% of the company’s stock.

Insider Activity

In related news, insider Dorria Ball sold 6,812 shares of Honest stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $4.99, for a total transaction of $33,991.88. Following the transaction, the insider owned 418,584 shares of the company’s stock, valued at $2,088,734.16. This trade represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jonathan Mayle sold 6,161 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $4.99, for a total transaction of $30,743.39. Following the transaction, the senior vice president owned 363,994 shares of the company’s stock, valued at approximately $1,816,330.06. This represents a 1.66% 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 over the last quarter. 9.40% of the stock is owned by insiders.

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.