In last trading session, ThredUp Inc (NASDAQ:TDUP) saw 0.65 million shares changing hands with its beta currently measuring 1.67. Company’s recent per share price level of $2.30 trading at $0.09 or 4.07% at ring of the bell on the day assigns it a market valuation of $267.25M. That closing price of TDUP’s stock is at a discount of -30.0% from its 52-week high price of $2.99 and is indicating a premium of 78.26% from its 52-week low price of $0.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.78 million shares which gives us an average trading volume of 955.75K if we extend that period to 3-months.
For ThredUp Inc (TDUP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
ThredUp Inc (NASDAQ:TDUP) trade information
Upright in the green during last session for gaining 4.07%, in the last five days TDUP remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $2.30 price level, adding 6.88% to its value on the day. ThredUp Inc’s shares saw a change of 65.47% in year-to-date performance and have moved -2.54% in past 5-day. ThredUp Inc (NASDAQ:TDUP) showed a performance of -12.55% in past 30-days. Number of shares sold short was 3.64 million shares which calculate 4.93 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -15.0% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would jump 13.04% in reaching the projected high whereas dropping to the targeted low would mean a gain of 13.04% for stock’s current value.
ThredUp Inc (TDUP) estimates and forecasts
This year revenue growth is estimated to rise 5.46% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 67.54M for the same. And 5 analysts are in estimates of company making revenue of 70.41M in the next quarter. Company posted 79.59M and 79.75M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -7.65% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 31.94% while estimates for its earnings growth in next 5 years are of 10.28%.
ThredUp Inc (NASDAQ:TDUP)’s Major holders
Insiders are in possession of 5.43% of company’s total shares while institution are holding 56.48 percent of that, with stock having share float percentage of 59.72%. Investors also watch the number of corporate investors in a company very closely, which is 56.48% institutions for ThredUp Inc that are currently holding shares of the company. CAPITAL WORLD INVESTORS is the top institutional holder at TDUP for having 8.71 million shares of worth $14.8 million. And as of 2024-06-30, it was holding 7.8449 of the company’s outstanding shares.
The second largest institutional holder is GOLDMAN SACHS GROUP INC, which was holding about 5.97 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4609 of outstanding shares, having a total worth of $10.15 million.
On the other hand, Smallcap World Fund and Needham Aggressive Growth Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 8.71 shares of worth $20.03 million or 9.40% of the total outstanding shares. The later fund manager was in possession of 6.37 shares on Dec 31, 2024 , making its stake of worth around $14.65 million in the company or a holder of 6.87% of company’s stock.
