In today’s recent session, 0.42 million shares of the Therealreal Inc (NASDAQ:REAL) have been traded, and its beta is 2.80. Most recently the company’s share price was $2.96, and it changed around -$0.02 or -0.50% from the last close, which brings the market valuation of the company to $321.70M. REAL at last check was trading at a discount to its 52-week high of $4.64, offering almost -56.76% off that amount. The share price’s 52-week low was $1.26, which indicates that the recent value has risen by an impressive 57.43% since then. We note from Therealreal Inc’s average daily trading volume that its 10-day average is 1.57 million shares, with the 3-month average coming to 1.95 million.
Therealreal Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.43. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 5 recommended REAL as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Therealreal Inc is expected to report earnings per share of -0.09 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Therealreal Inc (NASDAQ:REAL) trade information
Instantly REAL has been showing red trend so far today with a performance of -0.50% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.04 on recent trading dayincreased the stock’s daily price by 2.63%. The company’s shares are currently up 47.51% year-to-date, but still down -1.50% over the last five days. On the other hand, Therealreal Inc (NASDAQ:REAL) is -5.57% down in the 30-day period. We can see from the shorts that 20.1 million shares have been sold at a short interest cover period of 11.52 day(s).
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 67.11% from its current value. Analyst projections state that REAL is forecast to be at a low of $2.75 and a high of $29.
Therealreal Inc (REAL) estimates and forecasts
Therealreal Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -22.38 percent over the past six months and at a 5.75% annual growth rate that is well above the industry average of 4.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 40.00% in revenue this quarter, and will report an increase of 57.10% in the next quarter. The year-over-year growth rate is expected to be 6.90%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 142.02M in revenue for the current quarter. 6 analysts expect Therealreal Inc to make 157.81M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 126.2M and 143.37M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 12.50%. Forecasts for the next quarter put sales growth at 10.10%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.67%. Therealreal Inc earnings are expected to increase by 49.62% in 2024, but the outlook is positive 38.60% per year for the next five years.
REAL Dividends
Therealreal Inc’s next quarterly earnings report is expected to be released on 2024-Nov-04.
Therealreal Inc (NASDAQ:REAL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.89% of Therealreal Inc shares, and 78.46% of them are in the hands of institutional investors. The stock currently has a share float of 90.08%. Therealreal Inc stock is held by 196.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.5692% of the shares, which is about 6.91 million shares worth $22.05 million.
WOODSON CAPITAL MANAGEMENT, LP, with 4.9899% or 5.25 million shares worth $16.75 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 2.5 shares worth $7.45 million, making up 2.31% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.46 shares worth around $7.31 million, which represents about 2.26% of the total shares outstanding.
