The stock of Torrid Holdings Inc (CURV) has gone down by -13.30% for the week, with a -44.79% drop in the past month and a -56.54% drop in the past quarter. The volatility ratio for the week is 6.85%, and the volatility levels for the past 30 days are 9.66% for CURV. The simple moving average for the last 20 days is -28.90% for CURV stock, with a simple moving average of -41.31% for the last 200 days.
Is It Worth Investing in Torrid Holdings Inc (NYSE: CURV) Right Now?
The price-to-earnings ratio for Torrid Holdings Inc (NYSE: CURV) is above average at 26.34x. The 36-month beta value for CURV is also noteworthy at 1.95. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
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The public float for CURV is 19.86M, and at present, short sellers hold a 2.40% of that float. The average trading volume of CURV on October 02, 2024 was 413.37K shares.
CURV) stock’s latest price update
Torrid Holdings Inc (NYSE: CURV)’s stock price has decreased by -11.72 compared to its previous closing price of 3.84. However, the company has seen a -13.30% 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 -46.14% 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 -62.91% of loss for the given period.
Volatility was left at 9.66%, however, over the last 30 days, the volatility rate increased by 6.85%, as shares sank -47.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.84% lower at present.
During the last 5 trading sessions, CURV fell by -11.00%, which changed the moving average for the period of 200-days by -31.76% in comparison to the 20-day moving average, which settled at $4.61. In addition, Torrid Holdings Inc saw -41.25% 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 1,092,442 shares at the price of $3.80 back on Sep 19 ’24. After this action, Sycamore Partners Torrid, L.L. now owns 73,976,602 shares of Torrid Holdings Inc, valued at $4,151,280 using the latest closing price.
Munoz Elizabeth, the Chief Creative Officer of Torrid Holdings Inc, sale 28,228 shares at $3.80 during a trade that took place back on Sep 19 ’24, which means that Munoz Elizabeth is holding 1,948,683 shares at $107,266 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 0.68. The receivables turnover for the company is 382.76for 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
In summary, Torrid Holdings Inc (CURV) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
