While Torrid Holdings Inc has underperformed by -10.16%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CURV rose by 70.79%, with highs and lows ranging from $9.14 to $1.69, whereas the simple moving average fell by -40.28% in the last 200 days.
On September 17, 2024, William Blair Upgraded Torrid Holdings Inc (NYSE: CURV) to Outperform. A report published by Morgan Stanley on July 18, 2024, Downgraded its rating to ‘Underweight’ for CURV. B. Riley Securities also rated CURV shares as ‘Buy’, setting a target price of $7 on the company’s shares in an initiating report dated February 08, 2024. Telsey Advisory Group Reiterated the rating as Market Perform on December 08, 2023, but set its price target from $2 to $5. Robert W. Baird September 07, 2023d its ‘Outperform’ rating to ‘Neutral’ for CURV, as published in its report on September 07, 2023. Telsey Advisory Group’s report from June 08, 2023 suggests a price prediction of $3 for CURV shares, giving the stock a ‘Market Perform’ rating. Jefferies also rated the stock as ‘Hold’.
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Analysis of Torrid Holdings Inc (CURV)
Further, the quarter-over-quarter decrease in sales is -1.56%, showing a negative trend in the upcoming months.
One of the most important indicators of Torrid Holdings Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.36, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CURV is recording 413.37K average volume. On a monthly basis, the volatility of the stock is set at 10.02%, whereas on a weekly basis, it is put at 8.95%, with a loss of -11.76% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.75, showing growth from the present price of $3.45, which can serve as yet another indication of whether CURV is worth investing in or should be passed over.
How Do You Analyze Torrid Holdings Inc Shares?
The Apparel Retail market is dominated by Torrid Holdings Inc (CURV) based in the USA. When comparing Torrid Holdings Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 26.81, there is a growth in quarterly earnings of 23.43%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 81.03%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 4.14% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CURV shares are owned by institutional investors to the tune of 4.14% at present.
