Therealreal Inc (NASDAQ: REAL) closed the day trading at $3.55 up 1.00% from the previous closing price of $3.51. In other words, the price has increased by $+0.0350 from its previous closing price. On the day, 1871825 shares were traded.
Ratios:
For a better understanding of REAL, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’24 when Sahi Levesque Rati sold 30,000 shares for $3.22 per share. The transaction valued at 96,600 led to the insider holds 1,312,719 shares of the business.
KATZ KAREN bought 6,500 shares of REAL for $25,025 on Mar 08 ’24. The Director now owns 183,476 shares after completing the transaction at $3.85 per share. On Mar 08 ’24, another insider, Sahi Levesque Rati, who serves as the President of the company, sold 63,897 shares for $3.73 each. As a result, the insider received 238,336 and left with 1,342,719 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 371.66M and an Enterprise Value of 773.32M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68. Its current Enterprise Value per Revenue stands at 1.41 whereas that against EBITDA is -6.15.
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 2.6676, while the 200-Day Moving Average is calculated to be 2.2661.
Shares Statistics:
Over the past 3-months, REAL traded about 3.75M shares per day on average, while over the past 10 days, REAL traded about 2.54M shares per day. A total of 104.67M shares are outstanding, with a floating share count of 80.39M. Insiders hold about 23.21% of the company’s shares, while institutions hold 52.21% stake in the company. Shares short for REAL as of Mar 15, 2024 were 15.08M with a Short Ratio of 4.02, compared to 12.9M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 14.40% and a Short% of Float of 15.63%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. 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 -$0.2, with 6 analysts recommending between -$0.06 and -$0.28.
Revenue Estimates
7 analysts predict $138.86M in revenue for the current quarter. 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 -2.10% from the year-ago figure.
A total of 8 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 $587.95M. In the same quarter a year ago, actual revenue was $549.3M, up 7.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $645.76M in the next fiscal year. The high estimate is $669M and the low estimate is $620.4M. The average revenue growth estimate for next year is up 9.80% from the average revenue estimate for this year.
