Stocks of Hims & Hers Health Inc (NYSE:HIMS) traded higher last session on Wall Street, down -1.24% to $25.41.
HIMS stock price is now -4.68% away from the 50-day moving average and 27.55% away from the 200-day moving average. The market capitalization of the company currently stands at $5.55B.
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With the price target enhanced from $24 to $25, Citigroup Downgraded its rating from Neutral to Sell for Hims & Hers Health Inc (NYSE: HIMS). On January 07, 2025, BTIG Research recently initiated its ‘Buy’ rating on the stock quoting a target price of $35, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Chi Michael, Officer bought 7,259 shares of the company’s stock on Jan 10 ’25. The stock was bought for $174,724 at an average price of $24.07. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, Chief Legal Officer Boughton Soleil sold 268,932 shares of the business’s stock. A total of $7,463,195 was realized by selling the stock at an average price of $27.75. This leaves the insider owning 169,803 shares of the company worth $4.31 million. A total of 18.78% of the company’s stock is owned by insiders.
During the past 12 months, Hims & Hers Health Inc has had a low of $8.14 and a high of $35.02. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.14, and a quick ratio of 1.82. The fifty day moving average price for HIMS is $26.6564 and a two-hundred day moving average price translates $19.9212 for the stock.
The latest earnings results from Hims & Hers Health Inc (NYSE: HIMS) was released for 2024-09-30. The net profit margin was 8.15% and return on equity was 26.35% for HIMS. The company reported revenue of $401.56 million for the quarter, compared to $226.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 77.13 percent.
