Home  »  Markets   »  Why ThredUp Inc. (TDUP) Stock Could See Much Highe...

Why ThredUp Inc. (TDUP) Stock Could See Much Higher Prices Ahead

ThredUp Inc. (NASDAQ: TDUP) is -9.45% lower on its value in year-to-date trading and has touched a low of $14.23 and a high of $31.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TDUP stock was last observed hovering at around $18.05 in the last trading session, with the day’s gains setting it 0.06% off its average median price target of $20.00 for the next 12 months. It is also 17.68% off the consensus price target high of $22.00 offered by 8 analysts, but current levels are -13.19% lower than the price target low of $16.00 for the same period.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $18.11, the stock is -1.63% and -5.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.25 million and changing 0.33% at the moment leaves the stock -5.69% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $25.19 and a 200-day simple moving average (SMA200) of $25.19.

The stock witnessed a -17.87% In the last 1 month and is -4.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.02% over the week and 9.11% over the month.

ThredUp Inc. (TDUP) has around 1862 employees, a market worth around $215.15M and $185.90M in sales. Profit margin for the company is 0.00%. Distance from 52-week low is 27.27% and -42.69% from its 52-week high. The company has generated returns on investments over the last 12 months (24.90%).

ThredUp Inc. (TDUP) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for ThredUp Inc. (TDUP) is a “Buy”. 8 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 0 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

ThredUp Inc. is expected to release its quarterly report on 09/01/2021 and quarterly earnings per share for the current quarter are estimated at -$0.18 with sales reaching $48.38M over the same period.The EPS is expected to shrink by -24.80% this year.

ThredUp Inc. (TDUP) Top Institutional Holders

6 institutions hold shares in ThredUp Inc. (TDUP), with 134.31k shares held by insiders accounting for 1.04% while institutional investors hold 58.49% of the company’s shares. The shares outstanding are 11.88M, and float is at 11.88M with Short Float at 3.73%. Institutions hold 57.88% of the Float.

The top institutional shareholder in the company is Global Retirement Partners, LLC with over 1001.0 shares valued at $23353.0. The investor’s holdings represent 0.01% of the TDUP Shares outstanding.

ThredUp Inc. (TDUP) Insider Activity

A total of 12 insider transactions have happened at ThredUp Inc. (TDUP) in the last six months, with sales accounting for 0 and purchases happening 12 times.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Related Posts




Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam