The RealReal Inc. (NASDAQ:REAL) has seen 2.38 million shares traded in the last trading session. The company, currently valued at $1.10B, closed the last trade at $11.86 per share which meant it lost -$0.07 on the day or -0.59% during that session. The REAL stock price is -154.81% off its 52-week high price of $30.22 and 17.79% above the 52-week low of $9.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.64 million shares traded. The 3-month trading volume is 3.03 million shares.
The consensus among analysts is that The RealReal Inc. (REAL) is an Overweight stock at the moment, with a recommendation rating of 2.10. 0 analysts rate the stock as a Sell, while 2 rate it as Overweight. 5 out of 16 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.38.
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Sporting -0.59% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 01/07/22 when the REAL stock price touched $11.86 or saw a rise of 8.06%. Year-to-date, The RealReal Inc. shares have moved 2.15%, while the 5-day performance has seen it change 2.15%. Over the past 30 days, the shares of The RealReal Inc. (NASDAQ:REAL) have changed -15.83%. Short interest in the company has seen 12.61 million shares shorted with days to cover at 4.14.
Wall Street analysts have a consensus price target for the stock at $21.06, which means that the shares’ value could jump 43.68% from current levels. The projected low price target is $12.00 while the price target rests at a high of $35.00. In that case, then, we find that the current price level is -195.11% off the targeted high while a plunge would see the stock gain -1.18% from current levels.
The RealReal Inc. (REAL) estimates and forecasts
Figures show that The RealReal Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -33.78% over the past 6 months, with this year growth rate of -10.53%, compared to 10.40% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2022 fiscal year revenue. Growth estimates for the current quarter are 22.40% and 30.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 53.00%.
15 analysts offering their estimates for the company have set an average revenue estimate of $133.69 million for the current quarter. 11 have an estimated revenue figure of $134.87 million for the next quarter concluding in Mar 2022. Year-ago sales stood $84.58 million and $95.91 million respectively for this quarter and the next, and analysts expect sales will grow by 58.10% for the current quarter and 40.60% for the next.
Earnings growth for 2022 is a modest 6.40% while over the next 5 years, the company’s earnings are expected to increase by 38.60%.
The RealReal Inc. is expected to release its next earnings report between February 21 and February 25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
The RealReal Inc. (NASDAQ:REAL)’s Major holders
Insiders own 2.33% of the company shares, while shares held by institutions stand at 101.33% with a share float percentage of 103.74%. Investors are also buoyed by the number of investors in a company, with The RealReal Inc. having a total of 248 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 9.84 million shares worth more than $129.66 million. As of Sep 29, 2021, FMR, LLC held 10.65% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 7.15 million shares as of Sep 29, 2021. The firm’s total holdings are worth over $94.22 million and represent 7.74% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Trust for Advised Port-Miller Opportunity Trust and Fidelity Select Portfolios – Retailing. As of Sep 29, 2021, the former fund manager holds about 3.57% shares in the company for having 3.3 million shares of worth $43.49 million while later fund manager owns 2.64 million shares of worth $34.38 million as of Oct 30, 2021, which makes it owner of about 2.86% of company’s outstanding stock.