Torrid Holdings Inc (NYSE:CURV) Shares Surged 7.39% In A Week – But Will They Keep Going Up?

In last trading session, Torrid Holdings Inc (NYSE:CURV) saw 0.3 million shares changing hands with its beta currently measuring 1.90. Company’s recent per share price level of $5.67 trading at -$0.19 or -3.24% at ring of the bell on the day assigns it a market valuation of $593.97M. That closing price of CURV’s stock is at a discount of -61.2% from its 52-week high price of $9.14 and is indicating a premium of 61.55% from its 52-week low price of $2.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.41 million shares which gives us an average trading volume of 515.55K if we extend that period to 3-months.

For Torrid Holdings Inc (CURV), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.67. Splitting up the data highlights that, out of 5 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.

Torrid Holdings Inc (NYSE:CURV) trade information

Upright in the red during last session for losing -3.24%, in the last five days CURV remained trading in the green while hitting it’s week-highest on Friday, 01/10/25 when the stock touched $5.67 price level, adding 5.5% to its value on the day. Torrid Holdings Inc’s shares saw a change of 8.41% in year-to-date performance and have moved 7.39% in past 5-day. Torrid Holdings Inc (NYSE:CURV) showed a performance of 41.04% in past 30-days. Number of shares sold short was 0.51 million shares which calculate 1.31 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 4.9 to the stock, which implies a fall of -15.71% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would jump 38.27% in reaching the projected high whereas dropping to the targeted low would mean a gain of 38.27% for stock’s current value.

Torrid Holdings Inc (CURV) estimates and forecasts

Statistics highlight that Torrid Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -30.34% of value to its shares in past 6 months, showing an annual growth rate of 27.27% while that of industry is 8.60. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -5.05% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 263M for the same. And 2 analysts are in estimates of company making revenue of 276.14M in the next quarter. Company posted 293.54M and 279.77M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 22.73% while estimates for its earnings growth in next 5 years are of 24.05%.

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

Insiders are in possession of 9.94% of company’s total shares while institution are holding 82.08 percent of that, with stock having share float percentage of 91.14%. Investors also watch the number of corporate investors in a company very closely, which is 82.08% institutions for Torrid Holdings Inc that are currently holding shares of the company. SYCAMORE PARTNERS MANAGEMENT, L.P. is the top institutional holder at CURV for having 82.35 million shares of worth $616.82 million. And as of 2024-06-30, it was holding 78.9811 of the company’s outstanding shares.

The second largest institutional holder is FUND 1 INVESTMENTS, LLC, which was holding about 1.49 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.4329 of outstanding shares, having a total worth of $11.19 million.

On the other hand, iShares Russell 2000 ETF and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 405.98 shares of worth $2.3 million or 0.39% of the total outstanding shares. The later fund manager was in possession of 149.6 shares on Sep 30, 2024 , making its stake of worth around $0.85 million in the company or a holder of 0.14% of company’s stock.