Hims & Hers Health Inc’s (HIMS) -0.16% Retreat Justifies A Second Look

Hims & Hers Health Inc (NYSE:HIMS) concluded the trading at $12.51 on Wednesday, May 01, with a fall of -0.16% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $12.53. Considering stock’s 52-week price range provides that HIMS hit a high price of $17.16 and saw its price falling to a low level of $5.65 during that period. Over a period of past 1-month, stock came subtracting -16.54% in its value.

With its current market valuation of $2.68 billion. Analysts are in estimates of 0.01 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.06 for current year with estimates of that growing to 0.21 in next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 270.38M. They suggested that in the process company could generate revenue of as low as 268.9M which could climb up to 271.65M to hit a high. The average estimate is representing an increase of 41.70% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 1.19B in current fiscal year, which will be 35.60% more from revenue generated by the company last year.

In contrast, when we review HIMS stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 100% Buy for it.

Digging deeper we become aware of the PEG ratio of the HIMS stock which is currently positioned at 0. It further provides that stock’s current price level is -6.01% away from its 20-day simple moving average and is -8.95% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 39.59 while volatility remained at 4.21% over the past week which changes to 5.03% when measuring it over the past month. Beta is valued at 0.96, while measure of average true range or ATR is currently at 0.66.

Having a second look at Hims & Hers Health Inc (NYSE:HIMS) provides that stock’s average daily trading volume for 3 months was 5.22 million. Number of outstanding shares of the stock stood at 205.10 million.

The percentage of outstanding shares held by the insiders is 34.85% while it is 38.57% for the institutional holders. Addition of 40.56% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

Most Popular