<div id="readability-page-1"><p>The Honest Company, Inc. (NASDAQ:HNST - Get Free Report) has been given an average recommendation of &#34;Moderate Buy&#34; by the seven research firms that are presently  covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one  has given a strong buy rating to  the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $7.42.</p><ul><li>The Honest Company is Undergoing an Honestly Solid Turnaround </li></ul><p>A number of research firms recently weighed in on HNST. Telsey Advisory Group  reaffirmed a &#34;market perform&#34; rating and issued a $7.00 price objective on shares of Honest in a report on Thursday, February 27th. Northland Securities raised their price target on shares of Honest from $7.50 to $9.50 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, December 4th. Finally, Loop Capital lowered shares of Honest from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $7.00 price objective on the stock. in a research report on Tuesday, December 17th.</p><p><b>View Our Latest Stock Report on Honest</b></p><h2>Insiders Place Their Bets</h2><ul><li>The Honest Company Stock is Looking Honestly Good </li></ul><p>In other Honest news, insider Stephen Winchell sold 20,000 shares of Honest stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $4.98, for a total transaction of $99,600.00. Following the sale, the insider now owns 431,844 shares in the company, valued at $2,150,583.12. The trade was a 4.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this link. Also, SVP Jonathan Mayle sold 37,481 shares of Honest stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $4.87, for a total transaction of $182,532.47. Following the sale, the senior vice president now owns 307,740 shares in the company, valued at $1,498,693.80. This represents a 10.86 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own  8.60% of the company's stock. </p><h2>Institutional Investors Weigh In On Honest</h2><p>Institutional investors and hedge funds have recently made changes to their positions in the company. Ieq Capital LLC boosted its stake in shares of  Honest by 61.3% in the 4th quarter. Ieq Capital LLC now owns 130,651 shares of the company's stock valued at $905,000 after purchasing an additional 49,673 shares in the last quarter.  Connor Clark &amp; Lunn Investment Management Ltd. boosted its stake in shares of  Honest by 216.0% in the 3rd quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 545,323 shares of the company's stock valued at $1,947,000 after purchasing an additional 372,749 shares in the last quarter.  Walleye Capital LLC acquired a new stake in shares of  Honest in the 3rd quarter valued at $260,000.  Los Angeles Capital Management LLC acquired a new stake in shares of  Honest in the 4th quarter valued at $819,000.  Finally, ArrowMark Colorado Holdings LLC boosted its stake in shares of  Honest by 6.4% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 3,163,968 shares of the company's stock valued at $11,295,000 after purchasing an additional 191,547 shares in the last quarter. Institutional investors and hedge funds own  45.54% of the company's stock. </p><h2>Honest Price Performance</h2><p>Honest stock opened at $5.02 on Wednesday. The firm has a market capitalization of $546.73 million, a P/E ratio of -125.50 and a beta of 2.45. The firm has a fifty day moving average of $5.77 and a 200-day moving average of $5.52. Honest has a 52-week low of $2.40 and a 52-week high of $8.97. </p><p>Honest (NASDAQ:HNST - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported ($0.01) EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $99.84 million for the quarter, compared to the consensus estimate of $96.46 million.  On average, research analysts expect that  Honest will post -0.07 EPS for the current fiscal year. </p><h2>About Honest</h2> (Get Free Report<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Honest</li><li>Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?</li><li>FedEx Delivers Another Crushing Blow to Its Stock Price</li><li>ETF Screener: Uses and Step-by-Step Guide </li><li>Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Micron Stock Will Retest All-Time Highs This Year</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SE5TVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SE5TVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Honest Right Now?</h2><p>Before you consider Honest, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Honest wasn't on the list.</p><p>While Honest currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HNST

<p>The Honest Company, Inc. (NASDAQ:HNST) has received a consensus price target of $7.42 from analysts, with an average recommendation of "Moderate Buy" from seven brokerages. Recent ratings include two hold, four buy, and one strong buy. Insider trading activity includes significant share sales by executives. Institutional investors hold 45.54% of the company, which has a market cap of $546.73 million and a P/E ratio of -125.50. The company reported a quarterly revenue of $99.84 million, exceeding estimates, and analysts expect a -0.07 EPS for the current fiscal year.</p>

The Honest Company, Inc. (NASDAQ:HNST) Receives $7.42 Consensus PT from Analysts