The price of Therealreal Inc (NASDAQ: REAL) closed at $3.36 in the last session, down -0.59% from day before closing price of $3.38. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 3479683 shares were traded.
Ratios:
We take a closer look at REAL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on January 04, 2024, Downgraded its rating to Neutral and sets its target price to $2.75 from $3.25 previously.
On June 29, 2023, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $1 to $1.85.
Wells Fargo Downgraded its Overweight to Equal Weight on January 06, 2023, whereas the target price for the stock was revised from $5 to $2.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when KATZ KAREN bought 6,500 shares for $3.85 per share. The transaction valued at 25,025 led to the insider holds 183,476 shares of the business.
Sahi Levesque Rati sold 63,897 shares of REAL for $238,336 on Mar 08 ’24. The President now owns 1,342,719 shares after completing the transaction at $3.73 per share. On Mar 06 ’24, another insider, Miller James R., who serves as the Director of the company, sold 21,060 shares for $3.91 each. As a result, the insider received 82,345 and left with 160,492 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REAL now has a Market Capitalization of 352.81M and an Enterprise Value of 754.48M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64. Its current Enterprise Value per Revenue stands at 1.37 whereas that against EBITDA is -6.00.
Stock Price History:
Over the past 52 weeks, REAL has reached a high of $4.10, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 2.1123, while the 200-Day Moving Average is calculated to be 2.0991.
Shares Statistics:
According to the various share statistics, REAL traded on average about 3.74M shares per day over the past 3-months and 10.69M shares per day over the past 10 days. A total of 104.67M shares are outstanding, with a floating share count of 80.30M. Insiders hold about 23.29% of the company’s shares, while institutions hold 52.22% stake in the company. Shares short for REAL as of Feb 29, 2024 were 12.32M with a Short Ratio of 3.30, compared to 13.49M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.77% and a Short% of Float of 12.77%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.14 and a low estimate of -$0.17, while EPS last year was -$0.36. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.13 and low estimates of -$0.19.
Analysts are recommending an EPS of between -$0.35 and -$0.42 for the fiscal current year, implying an average EPS of -$0.39. EPS for the following year is -$0.23, with 7 analysts recommending between -$0.06 and -$0.43.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $138.49M. It ranges from a high estimate of $145.7M to a low estimate of $133M. As of the current estimate, Therealreal Inc’s year-ago sales were $141.9M, an estimated decrease of -2.40% from the year-ago figure.
A total of 10 analysts have provided revenue estimates for REAL’s current fiscal year. The highest revenue estimate was $604.9M, while the lowest revenue estimate was $570.2M, resulting in an average revenue estimate of $586.36M. In the same quarter a year ago, actual revenue was $549.3M, up 6.70% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $655.48M in the next fiscal year. The high estimate is $695.47M and the low estimate is $620.4M. The average revenue growth estimate for next year is up 11.80% from the average revenue estimate for this year.
