During the last session, Therealreal Inc (NASDAQ:REAL)’s traded shares were 3.43 million, with the beta value of the company hitting 3.00. At the end of the trading day, the stock’s price was $3.51, reflecting an intraday loss of -2.50% or -$0.09. The 52-week high for the REAL share is $4.10, that puts it down -16.81 from that peak though still a striking 71.51% gain since the share price plummeted to a 52-week low of $1.00. The company’s market capitalization is $367.46M, and the average intraday trading volume over the past 10 days was 2.57 million shares, and the average trade volume was 3.74 million shares over the past three months.
Therealreal Inc (NASDAQ:REAL) trade information
Therealreal Inc (REAL) registered a -2.50% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.50% in intraday trading to $3.51, hitting a weekly high. The stock’s 5-day price performance is -8.59%, and it has moved by -5.90% in 30 days. Based on these gigs, the overall price performance for the year is 170.00%. The short interest in Therealreal Inc (NASDAQ:REAL) is 15.08 million shares and it means that shorts have 2.29 day(s) to cover.
Therealreal Inc (REAL) estimates and forecasts
Statistics show that Therealreal Inc has outperformed its competitors in share price, compared to the industry in which it operates. Therealreal Inc (REAL) shares have gone up 105.26% during the last six months, with a year-to-date growth rate more than the industry average at 51.72% against 18.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 58.30% this quarter and then jump 46.70% in the quarter after that. In the rating firms’ projections, revenue will increase 7.00% compared to the previous financial year.
Revenue for the current quarter is expected to be $138.86 million as predicted by 7 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to $139.12 million by the end of Jun 2024.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -10.67%. While earnings are projected to return 48.60% in 2024, the next five years will return 38.60% per annum.
REAL Dividends
Therealreal Inc is due to release its next quarterly earnings between May 07 and May 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Therealreal Inc (NASDAQ:REAL)’s Major holders
Therealreal Inc insiders own 11.41% of total outstanding shares while institutional holders control 62.20%, with the float percentage being 70.22%. Woodson Capital Management, Lp is the largest shareholder of the company, while 166 institutions own stock in it. As of Jun 29, 2023, the company held over 4.9 million shares (or 4.80% of all shares), a total value of $10.88 million in shares.
The next largest institutional holding, with 4.63 million shares, is of Vanguard Group Inc’s that is approximately 4.53% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $10.28 million.
Also, the Mutual Funds coming in first place with the largest holdings of Therealreal Inc (REAL) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 3.06 million shares. This amounts to just over 3.00 percent of the company’s overall shares, with a $6.79 million market value. The same data shows that the other fund manager holds slightly less at 1.42 million, or about 1.39% of the stock, which is worth about $3.15 million.
