Stocks of Hims & Hers Health Inc (NYSE:HIMS) traded higher last session on Wall Street, down -5.10% to $25.84.
HIMS stock price is now -31.17% away from the 50-day moving average and -2.66% away from the 200-day moving average. The market capitalization of the company currently stands at $5.74B.
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, Melissa Baird, Officer bought 33,333 shares of the company’s stock on Apr 21 ’25. The stock was bought for $861,325 at an average price of $25.84. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 16 ’25, Chief Executive Officer Dudum Andrew sold 47,534 shares of the business’s stock. A total of $1,342,094 was realized by selling the stock at an average price of $28.23. This leaves the insider owning 332,728 shares of the company worth $8.6 million. A total of 18.10% 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 $5451852288, which is based on a 48.32 price-to-earnings ratio, a 1.50 price-to-earnings-growth ratio, and a beta of 1.86. The fifty day moving average price for HIMS is $37.5408 and a two-hundred day moving average price translates $26.54505 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.