During the recent session, Therealreal Inc (NASDAQ:REAL)’s traded shares were 0.41 million, with the beta value of the company hitting 2.80. At the last check today, the stock’s price was $3.09, reflecting an intraday gain of 6.55% or $0.19. The 52-week high for the REAL share is $4.64, that puts it down -50.16 from that peak though still a striking 58.25% gain since the share price plummeted to a 52-week low of $1.29. The company’s market capitalization is $335.25M, and the average intraday trading volume over the past 10 days was 1.79 million shares, and the average trade volume was 1.98 million shares over the past three months.
Therealreal Inc (REAL) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.43. REAL has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 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 -0.09.
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Therealreal Inc (NASDAQ:REAL) trade information
Therealreal Inc (REAL) registered a 6.55% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.55% in intraday trading to $3.09, hitting a weekly high. The stock’s 5-day price performance is 5.46%, and it has moved by 2.66% in 30 days. Based on these gigs, the overall price performance for the year is 130.60%. The short interest in Therealreal Inc (NASDAQ:REAL) is 20.1 million shares and it means that shorts have 11.52 day(s) to cover.
The consensus price target of analysts on Wall Street is $9, which implies an increase of 65.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.75 and $29 respectively. As a result, REAL is trading at a discount of -838.51% off the target high and 11.0% off the low.
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 down -20.77% during the last six months, with a year-to-date growth rate more than the industry average at 5.75% against 5.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 40.00% this quarter and then jump 57.10% in the quarter after that. In the rating firms’ projections, revenue will increase 6.90% 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 142.02M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 157.81M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 126.2M and 143.37M respectively. In this case, analysts expect current quarter sales to grow by 12.50% and then jump by 10.10% in the coming quarter.
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 49.62% in 2024, the next five years will return 38.60% per annum.
REAL Dividends
Therealreal Inc is due to release its next quarterly earnings on 2024-Nov-04. 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 12.89% of total outstanding shares while institutional holders control 78.46%, with the float percentage being 90.08%. BLACKROCK INC. is the largest shareholder of the company, while 196.0 institutions own stock in it. As of 2024-06-30, the company held over 6.91 million shares (or 6.5692% of all shares), a total value of $22.05 million in shares.
The next largest institutional holding, with 5.25 million shares, is of WOODSON CAPITAL MANAGEMENT, LP’s that is approximately 4.9899% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $16.75 million.
