Hims & Hers Health Inc (NYSE:HIMS) shares traded -0.83% lower at $15.58 on Wall Street last session.
HIMS stock price is now -24.55% away from the 50-day moving average and 14.15% away from the 200-day moving average. The market capitalization of the company currently stands at $3.38B.
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On May 22, 2024, Citigroup Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock increasing its target price from $16 to quote $20, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, Becklund Irene, Officer bought 472 shares of the company’s stock on Aug 16 ’24. The stock was bought for $7,392 at an average price of $15.66. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 06 ’24, Chief Legal Officer Boughton Soleil sold 2,334 shares of the business’s stock. A total of $40,378 was realized by selling the stock at an average price of $17.30. This leaves the insider owning 164,475 shares of the company worth $2.56 million. A total of 29.34% of the company’s stock is owned by insiders.
During the past 12 months, Hims & Hers Health Inc has had a low of $5.65 and a high of $25.74. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.68, and a quick ratio of 2.30. The fifty day moving average price for HIMS is $20.5262 and a two-hundred day moving average price translates $13.69795 for the stock.
The latest earnings results from Hims & Hers Health Inc (NYSE: HIMS) was released for 2024-06-30. The net profit margin was 1.70% and return on equity was 5.31% for HIMS. The company reported revenue of $315.65 million for the quarter, compared to $207.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 51.82 percent. For the current quarter, analysts expect HIMS to generate $378.45M in revenue.
