Now Is The Time To Build A Position In Torrid Holdings Inc (NYSE:CURV)

Torrid Holdings Inc (NYSE:CURV)’s traded shares stood at 0.52 million during the last session, with the company’s beta value hitting 1.99. At the close of trading, the stock’s price was $5.28, to imply a decrease of -0.75% or -$0.04 in intraday trading. The CURV share’s 52-week high remains $9.14, putting it -73.11% down since that peak but still an impressive 58.71% since price per share fell to its 52-week low of $2.18. The company has a valuation of $553.11M, with an average of 0.65 million shares in intraday trading volume over the past 10 days and average of 593.57K shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Torrid Holdings Inc (CURV), translating to a mean rating of 2.67. Of 5 analyst(s) looking at the stock, 2 analyst(s) give CURV a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 1 recommend it as a Buy.

Torrid Holdings Inc (NYSE:CURV) trade information

After registering a -0.75% downside in the last session, Torrid Holdings Inc (CURV) has traded red over the past five days. The 5-day price performance for the stock is 13.30%, and 33.00% over 30 days. With these gigs, the year-to-date price performance is -8.49%. Short interest in Torrid Holdings Inc (NYSE:CURV) saw shorts transact 0.51 million shares and set a 1.31 days time to cover.

The extremes give us $3.5 and $6 for target low and target high price respectively. As such, CURV has been trading -13.64% off suggested target high and 33.71% from its likely low.

Torrid Holdings Inc (CURV) estimates and forecasts

Looking at statistics comparing Torrid Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Torrid Holdings Inc (CURV) shares are -29.51% down over the last 6 months, with its year-to-date growth rate higher than industry average at 27.27% against 8.30%.

CURV Dividends

Torrid Holdings Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Torrid Holdings Inc (NYSE:CURV)’s Major holders

Torrid Holdings Inc insiders hold 9.94% of total outstanding shares, with institutional holders owning 82.08% of the shares at 91.14% float percentage. In total, 82.08% institutions holds shares in the company, led by SYCAMORE PARTNERS MANAGEMENT, L.P.. As of 2024-06-30, the company held over 82.35 million shares (or 78.9811% of shares), all amounting to roughly $616.82 million.

The next major institution holding the largest number of shares is FUND 1 INVESTMENTS, LLC with 1.49 million shares, or about 1.4329% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.19 million.

We also have iShares Russell 2000 ETF and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Torrid Holdings Inc (CURV) shares. Going by data provided on Oct 31, 2024 , iShares Russell 2000 ETF holds roughly 405.98 shares. This is just over 0.39% of the total shares, with a market valuation of $2.14 million. Data from the same date shows that the other fund manager holds a little less at 149.6, or 0.14% of the shares, all valued at about 0.79 million.