At the time of writing, ThredUp Inc [TDUP] stock is trading at $1.73, saw in change for the day. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TDUP shares have gain 11.61% over the last week, with a monthly amount glided 180.62%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Telsey Advisory Group reaffirmed its Outperform rating on May 07, 2024, and dropped its price target to $3. On July 22, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $3.50 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Sector Weight rating. Raymond James initiated its recommendation with a Outperform and recommended $7 as its price target on June 30, 2022. In a note dated March 18, 2022, Jefferies initiated an Buy rating and provided a target price of $13 on this stock.
For the past year, the stock price of ThredUp Inc fluctuated between $0.50 and $2.60. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. ThredUp Inc [NASDAQ: TDUP] shares were valued at $1.73 at the most recent close of the market. An investor can expect a potential return of 116.76% based on the average TDUP price forecast.
Analyzing the TDUP fundamentals
According to ThredUp Inc [NASDAQ:TDUP], the company’s sales were 313.76M for trailing twelve months, which represents an -11.00% plunge. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.33, Equity is -0.79 and Total Capital is -0.49. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
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 1.6850 points at the first support level, and at 1.6400 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7900, and for the 2nd resistance point, it is at 1.8500.
Ratios To Look Out For
It is important to note that ThredUp Inc [NASDAQ:TDUP] has a current ratio of 0.96. Further, the Quick Ratio stands at 0.86, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 2.84.
Transactions by insiders
Recent insider trading involved Trinity X Side-By-Side Fund, L, Shareholder, that happened on Dec 02 ’24 when 1632.0 shares were purchased. Shareholder, Trinity X Entrepreneurs’ Fund, completed a deal on Dec 02 ’24 to buy 2923.0 shares. Meanwhile, Shareholder TRINITY VENTURES X LP bought 0.3 million shares on Dec 02 ’24.
