Therealreal Inc (NASDAQ:REAL) price on Wednesday, February 05, fall -6.93% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.59.
A look at the stock’s price movement, the close in the last trading session was $9.23, moving within a range at $8.59 and $9.37. The beta value (5-Year monthly) was 2.799. Turning to its 52-week performance, $11.38 and $1.52 were the 52-week high and 52-week low respectively. Overall, REAL moved -9.58% over the past month.
Therealreal Inc’s market cap currently stands at around $942.25 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 163.07M for the company’s revenue for the quarter, with a low and high estimate of 160.7M and 165M respectively. The average forecast suggests up to a 13.74% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 599.48M, representing a 9.14% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that REAL is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 3 recommend REAL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
REAL’s current price about -6.23% and 0.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.80, while 7-day volatility ratio is 8.16% and 6.72% in the 30-day chart. Further, Therealreal Inc (REAL) has a beta value of 2.97, and an average true range (ATR) of 0.68. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $4 and high of $15. Looking at the price targets, the low is 53.43% off current price level while to achieve the yearly target high, price needs to move -74.62%. Nonetheless, investors will most likely welcome a 53.43% jump to $4 which is the analysts’ median price.
If we refocus on Therealreal Inc (NASDAQ:REAL), historical trading data shows that trading volumes averaged 2.46 over the past 10 days and 3.42 million over the past 3 months. The company’s latest data on shares outstanding shows there are 109.69 million shares.
The 22.77% of Therealreal Inc’s shares are in the hands of company insiders while institutional holders own 65.70% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 15.92 million on 2025-01-15, giving us a short ratio of 4.26. The data shows that as of 2025-01-15 short interest in Therealreal Inc (REAL) stood at 1581.0001000000002 of shares outstanding, with shares short rising to 13.65 million registered in 2024-12-13. Current price change has pushed the stock -21.41% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the REAL stock continues to rise going into the next quarter.
