Therealreal Inc (NASDAQ:REAL) saw a downside of -1.87% to close Monday at $2.10 after subtracting -$0.04 on the day. The 5-day average trading volume is 1,928,920 shares of the company’s common stock. It has gained $2.33 in the past week and touched a new high 2 times within the past 5 days. An average of 2,452,955 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,258,744.
REAL’s 1-month performance is -6.25% or -$0.24 on its low of $2.08 reached on 09/25/23. The company’s shares have touched a 52-week low of $1.00 and high of $2.94, with the stock’s rally to the 52-week high happening on 07/13/23. YTD, REAL has achieved 68.00% or $0.85 and has reached a new high 13 times. However, the current price is down -28.57% from the 52-week high price.
Insider Transactions
REAL stock investors last saw insider trading activity on Aug 25.Sahi Levesque Rati (President) most recently sold 44,844 shares at $2.42 per share on Aug 17. This transaction cost the insider $108,522. President, Sahi Levesque Rati, sold 43,162 shares at a price of $2.41 on Aug 16. Then, on Jun 14, Director KROLIK ROBERT J sold 11,700 shares at a price of $1.75 per share. This transaction amounted to $20,475.
Valuation Metrics
REAL stock has a beta of 2.65. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.37.
Therealreal Inc’s quick ratio for the period ended June 29 was 1.27, with the current ratio over the same period at 1.43. In terms of profitability, the gross margin trailing 12 months is 57.11%. The trailing 12-month EBITDA margin is -23.44% while for the period ending June 29, Therealreal Inc’s operating margin was -29.18%. The firm’s gross profit as reported stood at $348.69 million against revenue of $603.49 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -28.65% to -$41.33 million, while revenue of -$82.5 million was -99.61% off the previous quarter. Analysts expected REAL to announce -$0.35 per share in earnings in its latest quarter, but it posted -$0.3, representing a 14.30% surprise. EBITDA for the quarter stood at more than -$28.34 million. REAL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 734.3 million, with total debt at $584.1 million. Shareholders hold equity totaling $102.14 million.
Let’s look briefly at Therealreal Inc (REAL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 26.15% to suggest the stock is trending oversold, with historical volatility in this time period at 28.53%.
The stock’s 5-day moving average is $2.19, reflecting a -8.70% or -$0.20 change from its current price. REAL is currently trading -10.26% above its 20-day SMA, +103.88% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -12.13% and SMA200 by+38.16%.
Stochastic %K and %D was 3.72% and 3.78% and the average true range (ATR) pointed at 0.14. The RSI (14) points at 35.44%, while the 14-day stochastic is at 2.50% with the period’s ATR at 0.16. The stock’s 9-day MACD Oscillator is pointing at -0.13 and -0.25 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Therealreal Inc (NASDAQ: REAL), BofA Securities upgraded it to a Buy rating. They previously had an Underperform rating on the stock. Analysts offering their rating for REAL stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate REAL as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 3 have offered a “buy” rating.
What is REAL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.50 and a high of $6.00, with their median price target at $3.00. Looking at these predictions, the average price target given by analysts is for Therealreal Inc (REAL) stock is $3.11.
