Hims & Hers Health Inc (NYSE:HIMS) shares traded 1.41% higher at $29.55 on Wall Street last session.
HIMS stock price is now -24.75% away from the 50-day moving average and 12.95% away from the 200-day moving average. The market capitalization of the company currently stands at $6.56B.
With the price target enhanced from $42 to $60, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for Hims & Hers Health Inc (NYSE: HIMS). On January 10, 2025, Citigroup Downgraded its previous ‘Neutral’ rating to ‘Sell’ on the stock increasing its target price from $24 to quote $25, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Boughton Soleil, Officer bought 3,236 shares of the company’s stock on Mar 31 ’25. The stock was bought for $89,864 at an average price of $27.77. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 26 ’25, Chief Operating Officer Baird Melissa sold 67,687 shares of the business’s stock. A total of $2,358,145 was realized by selling the stock at an average price of $34.84. This leaves the insider owning 751,243 shares of the company worth $22.2 million. A total of 18.08% of the company’s stock is owned by insiders.
During the past 12 months, Hims & Hers Health Inc has had a low of $11.20 and a high of $72.98. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.79, and a quick ratio of 1.50. According to the stock market information, the enterprise value for the company is $6276086784, which is based on a 55.25 price-to-earnings ratio, a 1.78 price-to-earnings-growth ratio, and a beta of 1.66. The fifty day moving average price for HIMS is $39.2668 and a two-hundred day moving average price translates $26.1628 for the stock.
The latest earnings results from Hims & Hers Health Inc (NYSE: HIMS) was released for 2024-12-31. The net profit margin was 8.54% and return on equity was 30.71% for HIMS. The company reported revenue of $481.14 million for the quarter, compared to $246.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 95.09 percent.
