William Blair has recently raised Torrid Holdings Inc (CURV) stock to Outperform rating, as announced on September 17, 2024, according to Finviz. Earlier, on July 18, 2024, Morgan Stanley had reduced the stock rating, setting a price target of $5. B. Riley Securities also initiated Buy rating with a price target of $7. Additionally, Telsey Advisory Group reiterated Market Perform rating on December 8, 2023, with a target price of $5. Robert W. Baird analysts, in their report published on September 7, 2023, also reduced Neutral rating and set a price target of $4 for Torrid Holdings Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Torrid Holdings Inc (CURV) Stock Trading Recap
On Monday, Torrid Holdings Inc (CURV) stock saw a decline, ending the day at $3.93 which represents a decrease of $-0.24 or -5.76% from the prior close of $4.17. The stock opened at $4.17 and touched a low of $3.83 during the day, reaching a high of $4.25. The volume of shares traded was 0.98 million exceeding the average volume of 0.40 million.
CURV Stock Performance and Moving Averages
In recent trading, Torrid Holdings Inc (CURV) stock price has shown some volatility, fluctuating -7.09% over the last five trades and -40.99% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -16.03%, and it has plunged by -47.04% in the previous three months. Currently, CURV is trading at -21.66%, -39.10%, and -32.08% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, CURV, a Consumer Cyclical sector stock, is trading -57.00% below its 52-week high but remains 155.19% above its 52-week low. The Average True Range (ATR) (14 days) of 0.51 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Torrid Holdings Inc’s Profitability and Valuation Ratios
Torrid Holdings Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 5.07% and a profit margin of 1.21%, with a gross margin of -16.03%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Torrid Holdings Inc’s market capitalization stands at $411.39 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 30.54, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 13.74. Additionally, the Price-to-Sales Ratio is 0.36, reflecting the market’s valuation of the company’s sales.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 81.03% of Torrid Holdings Inc (CURV)’s shares, while financial institutions hold 4.14%.
Notable insider trades include Sycamore Partners Torrid, L.L., 10% Owner at Torrid Holdings Inc (CURV), who sold 1092442 shares on Sep 19 ’24, at $3.8 each, totaling $4.15 million. On Sep 19 ’24, Munoz Elizabeth, Chief Creative Officer, sold 28228 shares for $3.8 each, amounting to $0.11 million. Additionally, on Sep 19 ’24, HARPER LISA M sold 74713 shares at $3.8 each, generating $0.28 million.
