A share price of ThredUp Inc [TDUP] is currently trading at $1.89, up 45.38%. 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 27.70% over the last week, with a monthly amount glided 5.00%, and seem to be holding up well over a long-time horizon.
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.
ThredUp Inc experienced fluctuations in its stock price throughout the past year between $0.50 and $2.42. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. ThredUp Inc [NASDAQ: TDUP] shares were valued at $1.89 at the most recent close of the market. An investor can expect a potential return of 5.82% based on the average TDUP price forecast.
Analyzing the TDUP fundamentals
Trailing Twelve Months sales for ThredUp Inc [NASDAQ:TDUP] were 313.76M which represents -11.00% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.09.
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 1.6167 points at the first support level, and at 1.3433 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1967, and for the 2nd resistance point, it is at 2.5033.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ThredUp Inc [NASDAQ:TDUP] is 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 0.69, the price to book ratio is 3.10.
Transactions by insiders
Recent insider trading involved Trinity X Entrepreneurs’ Fund, Shareholder, that happened on Jan 14 ’25 when 7724.0 shares were purchased. Shareholder, Trinity X Side-By-Side Fund, L completed a deal on Jan 14 ’25 to buy 13837.0 shares. Meanwhile, Shareholder Trinity X Entrepreneurs’ Fund, bought 1.4 million shares on Jan 14 ’25.
