Therealreal Inc (NASDAQ:REAL) price closed higher on Tuesday, March 26, jumping 4.57% above its previous close.
A look at the daily price movement shows that the last close reads $3.50. The company’s 5Y monthly beta was ticking 2.85. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.10 and 52-week low of $1.00. The stock added 131.65% on its value in the past month.
Therealreal Inc, which has a market valuation of $383.17 million, is expected to release its quarterly earnings report May 07, 2024 – May 13, 2024. Analysts tracking REAL have forecast the quarterly EPS to shrink by -0.15 per share this quarter, while the same analysts predict the annual EPS to hit -$0.39 for the year 2024 and up to -$0.2 for 2025. In this case, analysts estimate an annual EPS growth of 55.20% for the year and 48.70% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $138.86 million, with the likely lows of $133 million and highs of $145.7 million. The average estimate suggests sales growth for the quarter will likely fall by -2.10% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $587.95 million for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 7.00% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give REAL a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that REAL’s price is at present 15.74% off the SMA20 and 54.53% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 67.14, with weekly volatility standing at 6.54%. The indicator jumps to 11.29% when calculated based on the past 30 days. Therealreal Inc (NASDAQ:REAL)’s beta value is holding at 2.92, while the average true range (ATR) indicator is currently reading 0.27.
An analysis of the Therealreal Inc (NASDAQ:REAL) stock in terms of its daily trading volume indicates that the 3-month average is 3.70 million. However, this figure increases on the past 10-day timeline to an average of 2.77 million.
Current records show that the company has 104.67M in outstanding shares. The insiders’ percentage holdings are 23.21% of outstanding shares while the percentage share held by institutions stands at 52.22%. The stats also highlight that short interest as of Feb 29, 2024, stood at 12.32 million shares, which puts the short ratio at the time at 5.03. From this we can glean that short interest is 11.77% of company’s current outstanding shares. Notably, we see that shares short in February fall slightly given the previous month’s figure stood at 13.49 million. But the 82.09% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
