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The closing price of ThredUp Inc (NASDAQ: TDUP) was $0.87 for the day, down -2.24% from the previous closing price of $0.89. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 0.94 million shares were traded. TDUP stock price reached its highest trading level at $0.9101 during the session, while it also had its lowest trading level at $0.8042.
Ratios:
Our analysis of TDUP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.79.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 04 ’24 when Paransky Noam bought 180,000 shares for $0.81 per share. The transaction valued at 145,800 led to the insider holds 426,444 shares of the business.
LAZAR JACK R bought 20,000 shares of TDUP for $18,844 on Sep 03 ’24. The Director now owns 298,258 shares after completing the transaction at $0.94 per share. On Aug 30 ’24, another insider, LAZAR JACK R, who serves as the Director of the company, bought 10,000 shares for $0.91 each. As a result, the insider paid 9,140 and bolstered with 278,258 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 100078032 and an Enterprise Value of 122294944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 0.379 whereas that against EBITDA is -2.784.
Stock Price History:
Over the past 52 weeks, TDUP has reached a high of $4.15, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -37.21%, while the 200-Day Moving Average is calculated to be -52.72%.
Shares Statistics:
TDUP traded an average of 764.44K shares per day over the past three months and 528090 shares per day over the past ten days. A total of 112.44M shares are outstanding, with a floating share count of 79.59M. Insiders hold about 29.21% of the company’s shares, while institutions hold 53.14% stake in the company. Shares short for TDUP as of 1723680000 were 5261253 with a Short Ratio of 6.88, compared to 1721001600 on 5580921. Therefore, it implies a Short% of Shares Outstanding of 5261253 and a Short% of Float of 7.17.
Earnings Estimates
The current market rating for ThredUp Inc (TDUP) reflects the collective analysis of 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.12 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.52 and -$0.56 for the fiscal current year, implying an average EPS of -$0.54. EPS for the following year is -$0.38, with 5.0 analysts recommending between -$0.3 and -$0.43.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $71.1M to a low estimate of $68.5M. As of the current estimate, ThredUp Inc’s year-ago sales were $83.03MFor the next quarter, 5 analysts are estimating revenue of $70.7M. There is a high estimate of $70.91M for the next quarter, whereas the lowest estimate is $70.1M.
A total of 5 analysts have provided revenue estimates for TDUP’s current fiscal year. The highest revenue estimate was $301.1M, while the lowest revenue estimate was $298.7M, resulting in an average revenue estimate of $299.8M. In the same quarter a year ago, actual revenue was $322.02MBased on 5 analysts’ estimates, the company’s revenue will be $283.18M in the next fiscal year. The high estimate is $313.1M and the low estimate is $260.45M.
