Torrid Holdings Inc (NYSE: CURV) Investing Potential Is $7.92

During the last session, Torrid Holdings Inc (NYSE:CURV)’s traded shares were 0.32 million, with the beta value of the company hitting 2.04. At the end of the trading day, the stock’s price was $7.92, reflecting an intraday gain of 2.33% or $0.18. The 52-week high for the CURV share is $9.14, that puts it down -15.4 from that peak though still a striking 84.72% gain since the share price plummeted to a 52-week low of $1.21. The company’s market capitalization is $826.45M, and the average intraday trading volume over the past 10 days was 0.13 million shares, and the average trade volume was 112.59K shares over the past three months.

Torrid Holdings Inc (CURV) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.40. CURV has a Sell rating from 2 analyst(s) out of 5 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.08.

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Torrid Holdings Inc (NYSE:CURV) trade information

Torrid Holdings Inc (CURV) registered a 2.33% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.33% in intraday trading to $7.92, hitting a weekly high. The stock’s 5-day price performance is 2.59%, and it has moved by -2.70% in 30 days. Based on these gigs, the overall price performance for the year is 200.00%. The short interest in Torrid Holdings Inc (NYSE:CURV) is 1.97 million shares and it means that shorts have 13.82 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.9, which implies a decrease of -61.63% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.5 and $6 respectively. As a result, CURV is trading at a premium of 24.24% off the target high and 55.81% off the low.

Torrid Holdings Inc (CURV) estimates and forecasts

Statistics show that Torrid Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Torrid Holdings Inc (CURV) shares have gone up 56.21% during the last six months, with a year-to-date growth rate more than the industry average at 63.64% against 14.50. In the rating firms’ projections, revenue will decrease -0.40% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 285.37M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 290.63M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled nan and nan respectively.

While earnings are projected to return 63.02% in 2024.

CURV Dividends

Torrid Holdings Inc is due to release its next quarterly earnings 2024-Sep-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Torrid Holdings Inc (NYSE:CURV)’s Major holders

Torrid Holdings Inc insiders own 11.00% of total outstanding shares while institutional holders control 82.88%, with the float percentage being 93.13%. SYCAMORE PARTNERS MANAGEMENT, L.P. is the largest shareholder of the company, while 82.0 institutions own stock in it. As of 2024-03-31, the company held over 82.35 million shares (or 79.0804% of all shares), a total value of $401.88 million in shares.

The next largest institutional holding, with 0.97 million shares, is of FUND 1 INVESTMENTS, LLC’s that is approximately 0.9359% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $4.76 million.

Also, the Mutual Funds coming in first place with the largest holdings of Torrid Holdings Inc (CURV) shares are iShares Russell 2000 ETF and Vanguard Extended Market Index Fund . Data provided on Jun 30, 2024 indicates that iShares Russell 2000 ETF owns about 320.52 shares. This amounts to just over 0.31 percent of the company’s overall shares, with a $2.54 million market value. The same data shows that the other fund manager holds slightly less at 149.6, or about 0.14% of the stock, which is worth about $1.18 million.