How Will Therealreal Inc (NASDAQ: REAL) Perform In The Next Few Months?

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Therealreal Inc (NASDAQ:REAL) has a beta value of 2.84 and has seen 1.96 million shares traded in the last trading session. The company, currently valued at $341.19M, closed the last trade at $3.05 per share which meant it gained $0.06 on the day or 2.01% during that session. The REAL stock price is -52.13% off its 52-week high price of $4.64 and 54.75% above the 52-week low of $1.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.79 million shares traded. The 3-month trading volume is 1.98 million shares.

The consensus among analysts is that Therealreal Inc (REAL) is Hold stock at the moment, with a recommendation rating of 2.43. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 7 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.09.

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Therealreal Inc (NASDAQ:REAL) trade information

Sporting 2.01% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the REAL stock price touched $3.05 or saw a rise of 2.56%. Year-to-date, Therealreal Inc shares have moved 51.74%, while the 5-day performance has seen it change 2.35%. Over the past 30 days, the shares of Therealreal Inc (NASDAQ:REAL) have changed -5.57%. Short interest in the company has seen 20.1 million shares shorted with days to cover at 11.52.

Wall Street analysts have a consensus price target for the stock at $9, which means that the shares’ value could jump 66.11% from current levels. The projected low price target is $2.75 while the price target rests at a high of $29.0. In that case, then, we find that the current price level is -850.82% off the targeted high while a plunge would see the stock lose 9.84% from current levels.

Therealreal Inc (REAL) estimates and forecasts

Figures show that Therealreal Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -27.55% over the past 6 months, with this year growth rate of 5.75%, compared to 5.60% for the industry. Revenue growth from the last financial year stood is estimated to be 6.90%.

6 analysts offering their estimates for the company have set an average revenue estimate of 142.02M for the current quarter. 6 have an estimated revenue figure of 157.81M for the next ending quarter. Year-ago sales stood 126.2M and 143.37M respectively for this quarter and the next, and analysts expect sales will grow by 12.50% for the current quarter and 6.90% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -10.67% over the past 5 years. Earnings growth for 2024 is a modest 49.62% while over the next 5 years, the company’s earnings are expected to increase by 38.60%.

REAL Dividends

Therealreal Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Therealreal Inc (NASDAQ:REAL)’s Major holders

Insiders own 12.89% of the company shares, while shares held by institutions stand at 78.49% with a share float percentage of 90.11%. Investors are also buoyed by the number of investors in a company, with Therealreal Inc having a total of 194.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 6.91 million shares worth more than $22.05 million. As of 2024-06-30, BLACKROCK INC. held 6.5692% of shares outstanding.

The other major institutional holder is WOODSON CAPITAL MANAGEMENT, LP, with the holding of over 5.25 million shares as of 2024-06-30. The firm’s total holdings are worth over $16.75 million and represent 4.9899% of shares outstanding.