Northland Capmk Has Negative Estimate for Honest Q1 Earnings

The Honest Company, Inc. (NASDAQ:HNST) – Equities researchers at Northland Capmk decreased their Q1 2026 earnings per share estimates for shares of Honest in a research note issued to investors on Thursday, November 6th. Northland Capmk analyst O. Rickert now anticipates 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 ($0.07) per share. Northland Capmk also issued estimates for Honest’s Q2 2026 earnings at $0.01 EPS, Q4 2026 earnings at $0.01 EPS and FY2026 earnings at $0.04 EPS.

Honest (NASDAQ:HNST) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The firm had revenue of $92.57 million for the quarter, compared to the consensus estimate of $99.43 million. Honest had a net margin of 1.85% and a return on equity of 3.92%. Honest has set its FY 2025 guidance at EPS.

HNST has been the subject of a number of other reports. Morgan Stanley reduced their price target on shares of Honest from $5.50 to $4.25 and set an “equal weight” rating for the company in a research note on Friday, August 15th. Zacks Research raised shares of Honest from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Lake Street Capital lowered Honest from a “buy” rating to a “hold” rating and set a $3.00 price target on the stock. in a research report on Thursday. B. Riley reiterated a “buy” rating on shares of Honest in a report on Thursday. Finally, Weiss Ratings downgraded shares of Honest from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Saturday, October 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.96.

Honest Trading Up 10.9%

Honest stock traded up $0.26 during mid-day trading on Friday, reaching $2.59. The company’s stock had a trading volume of 4,407,095 shares, compared to its average volume of 3,157,827. The business has a 50 day moving average price of $3.73 and a 200-day moving average price of $4.34. Honest has a twelve month low of $2.31 and a twelve month high of $8.97. The firm has a market cap of $287.63 million, a price-to-earnings ratio of 43.08 and a beta of 2.28.

Institutional Investors Weigh In On Honest

Several institutional investors and hedge funds have recently made changes to their positions in HNST. Wealthfront Advisers LLC bought a new position in Honest in the third quarter valued at about $75,000. Wealth Enhancement Advisory Services LLC lifted its stake in Honest by 18.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 21,366 shares of the company’s stock valued at $81,000 after buying an additional 3,365 shares during the period. Ethos Financial Group LLC boosted its holdings in Honest by 45.1% during the third quarter. Ethos Financial Group LLC now owns 17,733 shares of the company’s stock worth $65,000 after buying an additional 5,514 shares during the last quarter. CWM LLC grew its position in shares of Honest by 17.1% during the 3rd quarter. CWM LLC now owns 27,342 shares of the company’s stock worth $101,000 after buying an additional 3,985 shares during the period. Finally, Inspire Investing LLC increased its stake in shares of Honest by 61.6% in the 3rd quarter. Inspire Investing LLC now owns 123,120 shares of the company’s stock valued at $453,000 after acquiring an additional 46,914 shares during the last quarter. Institutional investors and hedge funds own 45.54% of the company’s stock.

Insiders Place Their Bets

In other Honest news, General Counsel Brendan Sheehey sold 12,059 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $3.65, for a total value of $44,015.35. Following the sale, the general counsel owned 568,588 shares of the company’s stock, valued at $2,075,346.20. This trade represents a 2.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Carla Vernon sold 99,328 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $3.65, for a total value of $362,547.20. Following the transaction, the chief executive officer owned 2,998,993 shares of the company’s stock, valued at approximately $10,946,324.45. This trade represents a 3.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,890 shares of company stock valued at $481,399 in the last quarter. Insiders own 8.90% 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.