As of close of business last night, Therealreal Inc’s stock clocked out at $3.16, up 0.96% from its previous closing price of $3.13. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 1943647 shares were traded.
Ratios:
To gain a deeper understanding of REAL’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 330.83M and an Enterprise Value of 732.49M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60. Its current Enterprise Value per Revenue stands at 1.33 whereas that against EBITDA is -5.82.
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 2.1855, while the 200-Day Moving Average is calculated to be 2.1254.
Shares Statistics:
It appears that REAL traded 3.70M shares on average per day over the past three months and 7.16M shares per day over the past ten days. A total of 104.67M shares are outstanding, with a floating share count of 80.36M. 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 3.33, 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
As of right now, 6 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 8 analysts expect revenue to total $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.
