Therealreal Inc (NASDAQ:REAL) has a beta value of 3.06 and has seen 1.21 million shares traded in the recent trading session. The company, currently valued at $1.01B, closed the recent trade at $9.30 per share which meant it gained $0.51 on the day or 5.80% during that session. The REAL stock price is -4.73% off its 52-week high price of $9.74 and 83.66% above the 52-week low of $1.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.5 million shares traded. The 3-month trading volume is 2.55 million shares.
The consensus among analysts is that Therealreal Inc (REAL) is Hold stock at the moment, with a recommendation rating of 2.29. 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 -0.04.
Therealreal Inc (NASDAQ:REAL) trade information
Sporting 5.80% in the green today, 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 $9.30 or saw a rise of 4.52%. Year-to-date, Therealreal Inc shares have moved 362.69%, while the 5-day performance has seen it change 3.79%. Over the past 30 days, the shares of Therealreal Inc (NASDAQ:REAL) have changed 133.08%. Short interest in the company has seen 16.48 million shares shorted with days to cover at 5.79.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could drop -132.5% from the levels at last check today. The projected low price target is $3.9 while the price target rests at a high of $15.0. In that case, then, we find that the latest price level in today’s session is -61.29% off the targeted high while a plunge would see the stock lose 58.06% from the levels at last check today.
Therealreal Inc (REAL) estimates and forecasts
Figures show that Therealreal Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 193.84% over the past 6 months, with this year growth rate of 12.64%, compared to 1.40% for the industry. Revenue growth from the last financial year stood is estimated to be 9.12%.
6 analysts offering their estimates for the company have set an average revenue estimate of 162.97M for the current quarter. 4 have an estimated revenue figure of 161.4M for the next ending quarter. Year-ago sales stood 143.37M and 143.8M respectively for this quarter and the next, and analysts expect sales will grow by 13.67% for the current quarter and 9.12% 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 58.36% 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 January 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 12.77% of the company shares, while shares held by institutions stand at 77.22% with a share float percentage of 88.52%. Investors are also buoyed by the number of investors in a company, with Therealreal Inc having a total of 201.0 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.
Also the top two Mutual Funds that are holding company’s shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 2.28% shares in the company for having 2.5 shares of worth $23.39 million while later fund manager owns 2.5 shares of worth $23.41 million as of Sep 30, 2024, which makes it owner of about 2.28% of company’s outstanding stock.
