Hims & Hers Health Inc (NYSE:HIMS) price is hovering lower on Monday, April 15, dropping -2.40% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $13.96. Taking into account the 52-week price action we note that the stock hit a 52-week high of $17.16 and 52-week low of $5.65. The stock subtracted -5.38% on its value in the past month.
Hims & Hers Health Inc, which has a market valuation of $2.92 billion. Analysts tracking HIMS have forecast the quarterly EPS to grow by 0.01 per share this quarter, while the same analysts predict the annual EPS to hit $0.05 for the year 2024 and up to $0.2 for 2025. In this case, analysts estimate an annual EPS growth of 145.50% for the year and 300.00% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $270.45 million, with the likely lows of $268.9 million and highs of $271.65 million. The average estimate suggests sales growth for the quarter will likely rise by 41.80% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $1.19 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 35.70% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give HIMS a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that HIMS’s price is at present -11.16% off the SMA20 and 4.41% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 41.79, with weekly volatility standing at 5.04%. The indicator jumps to 5.44% when calculated based on the past 30 days. Hims & Hers Health Inc (NYSE:HIMS)’s beta value is holding at 0.93, while the average true range (ATR) indicator is currently reading 0.80.
An analysis of the Hims & Hers Health Inc (NYSE:HIMS) stock in terms of its daily trading volume indicates that the 3-month average is 4.88 million.
Current records show that the company has 205.10M in outstanding shares. The insiders’ percentage holdings are 34.85% of outstanding shares while the percentage share held by institutions stands at 38.60%. But the 53.09% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
