Honest Q4 Earnings Taking a Look at Key Metrics Versus Estimates
| HNST Stock | USD 8.29 0.11 1.34% |
Slightly above 71 percent of all Honest's private investors are curious in acquiring. The analysis of overall sentiment of trading Honest Company stock suggests that a large number of investors are confidant at this time. Honest's investing sentiment can be driven by a variety of factors including economic data, Honest's earnings reports, geopolitical events, and overall market trends.
Honest |
While the top- and bottom-line numbers for Honest give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Honest Company Current Investor Sentiment
Panic Vs Confidence
71
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Honest's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Honest Company.
News SentimentBullish | Hype SentimentBullish | Insider SentimentDisposing |
Honest Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Honest can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Honest Company Historical Investor Sentiment
Investor biases related to Honest's public news can be used to forecast risks associated with an investment in Honest. The trend in average sentiment can be used to explain how an investor holding Honest can time the market purely based on public headlines and social activities around Honest Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Honest's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Honest and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Honest news discussions. The higher the estimate score, the more favorable the investor's outlook on Honest.
Honest Fundamental Analysis
We analyze Honest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Honest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Honest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Honest is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Honest Company Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Honest stock to make a market-neutral strategy. Peer analysis of Honest could also be used in its relative valuation, which is a method of valuing Honest by comparing valuation metrics with similar companies.
Peers
Honest Related Equities
| HIMS | Hims Hers | 6.20 | ||||
| YSG | Yatsen Holding | 5.02 | ||||
| ELF | ELF Beauty | 1.86 | ||||
| EWCZ | European Wax | 1.35 | ||||
| SKIN | Beauty Health | 0.68 | ||||
| UL | Unilever PLC | 0.17 | ||||
| KMB | Kimberly Clark | 0.11 | ||||
| CLX | Clorox | 0.01 | ||||
| PG | Procter Gamble | 0.06 | ||||
| CL | Colgate Palmolive | 0.13 | ||||
| KVUE | Kenvue | 0.21 | ||||
| COTY | Coty | 0.27 | ||||
| IPAR | Inter Parfums | 0.31 | ||||
| EPC | Edgewell Personal | 0.33 | ||||
| EL | Estee Lauder | 2.02 |
Additional Tools for Honest Stock Analysis
When running Honest's price analysis, check to measure Honest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Honest is operating at the current time. Most of Honest's value examination focuses on studying past and present price action to predict the probability of Honest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honest's price. Additionally, you may evaluate how the addition of Honest to your portfolios can decrease your overall portfolio volatility.