Northland Capmk Analysts Lower Earnings Estimates for Honest

The Honest Company, Inc. (NASDAQ:HNST) – Stock analysts at Northland Capmk cut their Q2 2025 earnings estimates for shares of Honest in a research note issued to investors on Thursday, May 8th. Northland Capmk analyst O. Rickert now anticipates that the company will post earnings of $0.00 per share for the quarter, down from their previous estimate of $0.01. The consensus estimate for Honest’s current full-year earnings is ($0.07) per share. Northland Capmk also issued estimates for Honest’s Q3 2025 earnings at $0.00 EPS.

Honest (NASDAQ:HNST) last issued its earnings results on Wednesday, May 7th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.01. Honest had a negative net margin of 1.13% and a negative return on equity of 3.26%. The business had revenue of $97.25 million for the quarter, compared to the consensus estimate of $92.46 million.

Separately, Telsey Advisory Group reissued a “market perform” rating and set a $7.00 target price on shares of Honest in a research note on Thursday. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Honest has an average rating of “Moderate Buy” and an average target price of $7.70.

Honest Stock Up 10.5%

Shares of NASDAQ:HNST opened at $4.84 on Monday. Honest has a 52 week low of $2.40 and a 52 week high of $8.97. The company has a 50-day moving average price of $4.73 and a 200 day moving average price of $5.76. The company has a market cap of $533.55 million, a P/E ratio of -121.00 and a beta of 2.43.

Institutional Investors Weigh In On Honest

Several institutional investors and hedge funds have recently made changes to their positions in HNST. Vanguard Group Inc. grew its stake in Honest by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 5,208,668 shares of the company’s stock valued at $24,481,000 after acquiring an additional 61,299 shares during the last quarter. XTX Topco Ltd lifted its holdings in shares of Honest by 39.1% in the first quarter. XTX Topco Ltd now owns 124,672 shares of the company’s stock valued at $586,000 after purchasing an additional 35,021 shares in the last quarter. GSA Capital Partners LLP lifted its holdings in shares of Honest by 68.2% in the first quarter. GSA Capital Partners LLP now owns 272,284 shares of the company’s stock valued at $1,280,000 after purchasing an additional 110,408 shares in the last quarter. Bailard Inc. acquired a new stake in shares of Honest in the first quarter valued at approximately $78,000. Finally, Victory Capital Management Inc. increased its stake in shares of Honest by 98.8% during the 1st quarter. Victory Capital Management Inc. now owns 3,073,471 shares of the company’s stock worth $14,445,000 after purchasing an additional 1,527,080 shares in the last quarter. 45.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Honest news, insider Stephen Winchell sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $4.98, for a total value of $99,600.00. Following the sale, the insider now owns 431,844 shares of the company’s stock, valued at approximately $2,150,583.12. This represents a 4.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jonathan Mayle sold 37,481 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $4.87, for a total value of $182,532.47. Following the completion of the transaction, the senior vice president now owns 307,740 shares of the company’s stock, valued at approximately $1,498,693.80. This represents a 10.86% decrease in their position. The disclosure for this sale can be found here. Insiders own 8.60% of the company’s stock.

Honest Company Profile

The Honest Company, Inc manufactures and sells diapers and wipes, skin and personal care, and household and wellness products. The company also offers baby clothing and nursery bedding products. It sells its products through digital and retail sales channels, such as its website and third-party ecommerce sites, as well as brick and mortar retailers.