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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.76 million shares were traded. TDUP stock price reached its highest trading level at $2.0099 during the session, while it also had its lowest trading level at $1.93.
Ratios:
For a deeper understanding of ThredUp Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.76.
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 this company, Telsey Advisory Group on May 07, 2024, Reiterated its Outperform rating but revised its target price to $3 from $4 previously.
On July 22, 2022, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $12 to $3.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 07 ’24 when Nakache Patricia sold 314,034 shares for $1.92 per share. The transaction valued at 602,945 led to the insider holds 0 shares of the business.
Nakache Patricia sold 109,934 shares of TDUP for $209,974 on May 06 ’24. The Director now owns 0 shares after completing the transaction at $1.91 per share. On May 03 ’24, another insider, Nakache Patricia, who serves as the Director of the company, sold 300 shares for $1.80 each. As a result, the insider received 540 and left with 0 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, TDUP now has a Market Capitalization of 214999200 and an Enterprise Value of 232642592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at 0.714 whereas that against EBITDA is -4.809.
Stock Price History:
The Beta on a monthly basis for TDUP is 0.76, which has changed by -0.4072948 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, TDUP has reached a high of $4.39, while it has fallen to a 52-week low of $1.51. The 50-Day Moving Average of the stock is 7.09%, while the 200-Day Moving Average is calculated to be -23.66%.
Shares Statistics:
For the past three months, TDUP has traded an average of 588.00K shares per day and 629750 over the past ten days. A total of 78.83M shares are outstanding, with a floating share count of 74.97M. Insiders hold about 31.11% of the company’s shares, while institutions hold 60.54% stake in the company. Shares short for TDUP as of 1713139200 were 6502187 with a Short Ratio of 11.06, compared to 1710460800 on 6701837. Therefore, it implies a Short% of Shares Outstanding of 6502187 and a Short% of Float of 9.379999999999999.
Earnings Estimates
A comprehensive evaluation of ThredUp Inc (TDUP) is underway, with the input of 5.0 analysts contributing to its current rating.On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.13, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.08 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.38 and -$0.45 for the fiscal current year, implying an average EPS of -$0.42. EPS for the following year is -$0.33, with 5.0 analysts recommending between -$0.26 and -$0.39.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $83.66M this quarter.It ranges from a high estimate of $85.99M to a low estimate of $82.1M. As of the current estimate, ThredUp Inc’s year-ago sales were $80.99MFor the next quarter, 6 analysts are estimating revenue of $86.31M. There is a high estimate of $92.1M for the next quarter, whereas the lowest estimate is $83.5M.
A total of 6 analysts have provided revenue estimates for TDUP’s current fiscal year. The highest revenue estimate was $349.3M, while the lowest revenue estimate was $328.6M, resulting in an average revenue estimate of $337.59M. In the same quarter a year ago, actual revenue was $322.02MBased on 6 analysts’ estimates, the company’s revenue will be $356.58M in the next fiscal year. The high estimate is $384.8M and the low estimate is $346.1M.
