Therealreal Inc (NASDAQ: REAL) Now -36.85% Off Its High ($4.64), Does Analysts See Headwinds And Risks?

Therealreal Inc (NASDAQ:REAL) currently has a daily average trading volume of 1.94M but it saw 942057 shares traded in last market. With a market cap of 317.91M USD, the company’s current market price of $2.93 came falling about -2.66 while comparing to the previous closing price of $3.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.64 and as low as $1.26. In the recent trading on the day, stock has struck highest price mark of $2.905 while lowest mark touched by it was $3.04.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Northland Capital which initiated the stock as “Outperform” in its note to investors issued on September 16, 2024, recommending a price target of $6 for it. Robert W. Baird downgraded its recommendation for the stock as a “Neutral” from “Outperform” on January 04, 2024 while assigning a price target range of $3.25-$2.75. BofA Securities issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $1 and $1.85.

Over the week, REAL’s stock price is moving -11.21% down while it is -9.01% when we observe its performance for the past one month. Year-to-date it is 45.77% up and over the past year, the stock is showing an upside performance of 104.90%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.15 beat the consensus estimate of -0.26 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.36. In next quarter, company is expected to be making quarterly sales of $157.69M as analysts are expecting the sales for current fiscal year at $585.2M and seeing the company making $633.18M in sales next year. Moreover, analysts are in estimates of $139.17M for current-quarter revenue.

Currently, Therealreal Inc’s total number of outstanding shares is 104.67M. Company’s return on investment (ROI) stands at -54.64%. Stock’s beta reads 2.79. Stock has a price to sale or P/S ratio amounts to 0.56. Its return on asset (ROA) is -21.35% on average.