In today’s recent session, 0.58 million shares of the Therealreal Inc (NASDAQ:REAL) have been traded, and its beta is 2.86. Most recently the company’s share price was $6.86, and it changed around $0.63 or 10.04% from the last close, which brings the market valuation of the company to $762.66M. REAL at last check was trading at a discount to its 52-week high of $11.38, offering almost -65.89% off that amount. The share price’s 52-week low was $2.24, which indicates that the recent value has risen by an impressive 67.35% since then. We note from Therealreal Inc’s average daily trading volume that its 10-day average is 3.02 million shares, with the 3-month average coming to 3.45 million.
Therealreal Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 1 out of 7 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended REAL as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Therealreal Inc is expected to report earnings per share of -0.08 for the current quarter.
Therealreal Inc (NASDAQ:REAL) trade information
Instantly REAL has been showing a green trend so far today with a performance of 10.04% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.88 on recent trading dayincreased the stock’s daily price by 0.29%. The company’s shares are currently down -37.28% year-to-date, but still up 15.41% over the last five days. On the other hand, Therealreal Inc (NASDAQ:REAL) is 6.12% up in the 30-day period. We can see from the shorts that 16.76 million shares have been sold at a short interest cover period of 4.61 day(s).
The consensus price target as assigned by Wall Street analysts is $9.5, which translates to bulls needing to increase their stock price by 27.79% from its current value. Analyst projections state that REAL is forecast to be at a low of $4 and a high of $15.
Therealreal Inc (REAL) estimates and forecasts
The year-over-year growth rate is expected to be 9.43%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 159.83M in revenue for the current quarter. 7 analysts expect Therealreal Inc to make 159.62M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 143.8M and 144.93M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 11.15%. Forecasts for the next quarter put sales growth at 10.13%. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.97%.
Therealreal Inc (NASDAQ:REAL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.70% of Therealreal Inc shares, and 77.07% of them are in the hands of institutional investors. The stock currently has a share float of 88.28%. Therealreal Inc stock is held by 245.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.5692% of the shares, which is about 6.91 million shares worth $22.05 million.
UBS GROUP AG, with 4.9149% or 5.17 million shares worth $16.5 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 2.68 shares worth $18.31 million, making up 2.41% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.5 shares worth around $17.12 million, which represents about 2.25% of the total shares outstanding.
