In the past week, CURV stock has gone down by -35.33%, with a monthly decline of -42.55% and a quarterly plunge of -35.71%. The volatility ratio for the week is 11.10%, and the volatility levels for the last 30 days are 12.85% for Torrid Holdings Inc The simple moving average for the past 20 days is -29.02% for CURV’s stock, with a -25.40% simple moving average for the past 200 days.
Is It Worth Investing in Torrid Holdings Inc (NYSE: CURV) Right Now?
Torrid Holdings Inc (NYSE: CURV) has a higher price-to-earnings ratio of 33.57x compared to its average ratio. CURV has 36-month beta value of 2.05. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
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
Sponsored
The public float for CURV is 10.67M, and currently, short sellers hold a 7.87% ratio of that float. The average trading volume of CURV on September 17, 2024 was 301.87K shares.
CURV) stock’s latest price update
Torrid Holdings Inc (NYSE: CURV)’s stock price has increased by 9.09 compared to its previous closing price of 3.96. However, the company has seen a -35.33% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-09-13 that Torrid Holdings (CURV) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Analysts’ Opinion of CURV
Morgan Stanley, on the other hand, stated in their research note that they expect to see CURV reach a price target of $5. The rating they have provided for CURV stocks is “Underweight” according to the report published on July 18th, 2024.
B. Riley Securities gave a rating of “Buy” to CURV, setting the target price at $7 in the report published on February 08th of the current year.
CURV Trading at -39.78% from the 50-Day Moving Average
After a stumble in the market that brought CURV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.74% of loss for the given period.
Volatility was left at 12.85%, however, over the last 30 days, the volatility rate increased by 11.10%, as shares sank -38.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.99% lower at present.
During the last 5 trading sessions, CURV fell by -34.88%, which changed the moving average for the period of 200-days by +12.11% in comparison to the 20-day moving average, which settled at $5.95. In addition, Torrid Holdings Inc saw -25.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CURV starting from Sycamore Partners Torrid, L.L., who sale 7,282,942 shares at the price of $3.80 back on Sep 13 ’24. After this action, Sycamore Partners Torrid, L.L. now owns 75,069,044 shares of Torrid Holdings Inc, valued at $27,675,180 using the latest closing price.
HARPER LISA M, the Chief Executive Officer of Torrid Holdings Inc, sale 498,087 shares at $3.80 during a trade that took place back on Sep 13 ’24, which means that HARPER LISA M is holding 5,596,314 shares at $1,892,731 based on the most recent closing price.
Stock Fundamentals for CURV
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.37 for the gross margin
The net margin for Torrid Holdings Inc stands at 0.01. The total capital return value is set at 0.24.
Based on Torrid Holdings Inc (CURV), the company’s capital structure generated 2.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at -1.77. The interest coverage ratio of the stock is 1.48.
Currently, EBITDA for the company is 138.92 million with net debt to EBITDA at 3.07. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. The receivables turnover for the company is 1133356000.0for trailing twelve months and the total asset turnover is 2.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.88.
Conclusion
To put it simply, Torrid Holdings Inc (CURV) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
