Is Therealreal Inc (NASDAQ: REAL) the next life-changing stock to watch out for?

In the last trading session, 1.77 million Therealreal Inc (NASDAQ:REAL) shares changed hands as the company’s beta touched 2.79. With the company’s per share price at $3.02 changed hands at -$0.03 or -0.98% during last session, the market valuation stood at $327.67M. REAL’s last price was a discount, traded about -53.64% off its 52-week high of $4.64. The share price had its 52-week low at $1.26, which suggests the last value was 58.28% up since then. When we look at Therealreal Inc’s average trading volume, we note the 10-day average is 1.38 million shares, with the 3-month average coming to 1.93 million.

Analysts gave the Therealreal Inc (REAL) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.43. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended REAL as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Therealreal Inc’s EPS for the current quarter is expected to be -0.1.

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Therealreal Inc (NASDAQ:REAL) trade information

Instantly REAL was in red as seen at the end of in last trading. With action -9.04%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 50.25%, with the 5-day performance at -9.04% in the red. However, in the 30-day time frame, Therealreal Inc (NASDAQ:REAL) is -6.79% down. Looking at the short shares, we see there were 20.81 million shares sold at short interest cover period of 10.18 days.

The consensus price target for the stock as assigned by Wall Street analysts is 9, meaning bulls need an upside of 66.44% from its current market value. According to analyst projections, REAL’s forecast low is 2.75 with 29 as the target high. To hit the forecast high, the stock’s price needs a -860.26% plunge from its current level, while the stock would need to tank 8.94% for it to hit the projected low.

Therealreal Inc (REAL) estimates and forecasts

Data shows that the Therealreal Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -8.76% over the past 6 months, a 49.43% in annual growth rate that is considerably higher than the industry average of 5.60%. Year-over-year growth is forecast to reach 6.60% up from the last financial year.

Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 139.19M. 7 analysts are of the opinion that Therealreal Inc’s revenue for the current quarter will be 157.98M. The company’s revenue for the corresponding quarters a year ago was 126.2M and 143.37M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 10.30%. The estimates for the next quarter sales put growth at 10.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -10.67%. The 2024 estimates are for Therealreal Inc earnings to increase by 45.21%, but the outlook for the next 5-year period is at 38.60% per year.

REAL Dividends

Therealreal Inc is expected to release its next quarterly earnings report in November.

Therealreal Inc (NASDAQ:REAL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 12.89% of Therealreal Inc shares while 78.46% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.07%. There are 78.46% institutions holding the Therealreal Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 6.5692% of the shares, roughly 6.91 million REAL shares worth $22.05 million.

WOODSON CAPITAL MANAGEMENT, LP holds the second largest percentage of outstanding shares, with 4.9899% or 5.25 million shares worth $16.75 million as of 2024-06-30.