Things appear to be looking up for Therealreal Inc (REAL)

Therealreal Inc (NASDAQ: REAL) is 75.20% higher on its value in year-to-date trading and has touched a low of $1.00 and a high of $2.94 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The REAL stock was last observed hovering at around $2.24 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $2.19, the stock is -5.92% and 11.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -2.23% at the moment leaves the stock 17.92% off its SMA200. REAL registered 78.05% gain for a year compared to 6-month gain of 46.00%. The firm has a 50-day simple moving average (SMA 50) of $1.13 and a 200-day simple moving average (SMA200) of -$4.43.

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The stock witnessed a -2.45% loss in the last 1 month and extending the period to 3 months gives it a 4.29%, and is -7.20% 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 5.70% over the week and 7.00% over the month.

Therealreal Inc (REAL) has around 3468 employees, a market worth around $226.34M and $565.59M in sales. Profit margin for the company is -32.78%. Distance from 52-week low is 119.00% and -25.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-68.24%).

Therealreal Inc (REAL) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Therealreal Inc (REAL) is a “Overweight”. 11 analysts offering their recommendations for the stock have an average rating of 2.45, where 6 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Therealreal Inc is expected to release its quarterly report on 02/27/2024.The EPS is expected to grow by 27.34% this year.

Therealreal Inc (REAL) Top Institutional Holders

The shares outstanding are 99.09M, and float is at 81.35M with Short Float at 16.06%.

Therealreal Inc (REAL) Insider Activity

A total of 29 insider transactions have happened at Therealreal Inc (REAL) in the last six months, with sales accounting for 22 and purchases happening 7 times. The most recent transaction is an insider purchase by Koryl John E,the company’sChief Executive Officer. SEC filings show that Koryl John E bought 43,251 shares of the company’s common stock on Aug 25 at a price of $2.30 per share for a total of $99477.0. Following the purchase, the insider now owns 2.79 million shares.

Therealreal Inc disclosed in a document filed with the SEC on Aug 17 that Sahi Levesque Rati (President) sold a total of 44,844 shares of the company’s common stock. The trade occurred on Aug 17 and was made at $2.42 per share for $0.11 million. Following the transaction, the insider now directly holds 1.02 million shares of the REAL stock.

Still, SEC filings show that on Aug 16, Sahi Levesque Rati (President) disposed off 43,162 shares at an average price of $2.41 for $0.1 million. The insider now directly holds 1,064,733 shares of Therealreal Inc (REAL).

Therealreal Inc (REAL): Who are the competitors?

The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading 79.96% up over the past 12 months. Moelis & Co. (MC) that is 45.08% higher over the same period.