The Short-term Rise and Fall of Therealreal Inc (REAL) Stock

Therealreal Inc [REAL] stock is trading at $1.77, up 3.51%. An important factor to consider is whether the stock is rising or falling in short-term value. The REAL shares have gain 4.73% over the last week, with a monthly amount drifted -13.24%, and not seem to be holding up well over a long-time horizon.

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On 29, February 2024, The RealReal Announces Fourth Quarter and Full Year 2023 Results. In a post published today on Yahoo Finance, Q4 and FY 2023 Net Loss Improved Year-Over-Year by $17 million and $28 million, respectivelyQ4 2023 Adjusted EBITDA of positive $1.4 million, improving $22 million year-over-yearDebt Exchange Transactions Entered into with Certain Holders of Convertible Senior Notes due 2025 and 2028.

From an analyst’s perspective:

Therealreal Inc [NASDAQ: REAL] stock has seen the most recent analyst activity on January 04, 2024, when Robert W. Baird downgraded its rating to a Neutral and also revised its price target to $2.75 from $3.25. Previously, BofA Securities upgraded its rating to Buy on June 29, 2023, and elevated its price target to $1.85. On January 06, 2023, downgrade downgraded it’s rating to Equal Weight and revised its price target to $2 on the stock. Raymond James downgraded its rating to a Mkt Perform. Cowen downgraded its rating to a Market Perform and reduced its price target to $3 on August 12, 2022. BofA Securities downgraded its rating to Underperform for this stock on August 10, 2022, and downed its price target to $2.75.

Therealreal Inc [REAL] stock has fluctuated between $1.00 and $2.94 over the past year. Currently, Wall Street analysts expect the stock to reach $13.31 within the next 12 months. Therealreal Inc [NASDAQ: REAL] shares were valued at $1.77 at the most recent close of the market. An investor can expect a potential return of 651.98% based on the average REAL price forecast.

Analyzing the REAL fundamentals

Therealreal Inc [NASDAQ:REAL] reported sales of 565.59M for the trailing twelve months, which represents a drop of -6.68%. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at -0.26%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.41, Equity is 0.76 and Total Capital is -0.53. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7267 points at the first support level, and at 1.6833 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8067, and for the 2nd resistance point, it is at 1.8433.

Therealreal Inc [REAL] reported earnings per share of -$0.15 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.26/share, meaning a difference of $0.11 and a surprise factor of 42.30%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.3 per share as compared to estimates of -$0.35 per share, a difference of $0.05 representing a surprise of 14.30%.

Ratios To Look Out For

For context, Therealreal Inc’s Current Ratio is 1.30. On the other hand, the Quick Ratio is 1.16, and the Cash Ratio is 0.97. Considering the valuation of this stock, the price to sales ratio is 0.32.

Transactions by insiders

Recent insider trading involved Koryl John E, Chief Executive Officer, that happened on Aug 25 when 43251.0 shares were purchased. President, Sahi Levesque Rati completed a deal on Aug 17 to sell 44844.0 shares. Meanwhile, President Sahi Levesque Rati sold 43162.0 shares on Aug 16.

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