A share price of Rent the Runway Inc [RENT] is currently trading at $8.62, up 27.89%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RENT shares have gain 59.63% over the last week, with a monthly amount glided 121.03%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rent the Runway Inc [NASDAQ: RENT] stock has seen the most recent analyst activity on January 17, 2024, when Piper Sandler downgraded its rating to a Neutral. Previously, Wells Fargo downgraded its rating to Equal Weight on January 16, 2024. On December 15, 2022, Wolfe Research initiated with a Peer Perform rating. Credit Suisse downgraded its rating to a Neutral but stick to its price target of $4 on September 13, 2022. Piper Sandler initiated its recommendation with a Overweight. In a note dated June 30, 2022, Raymond James initiated an Outperform rating and provided a target price of $9 on this stock.
Rent the Runway Inc experienced fluctuations in its stock price throughout the past year between $3.69 and $28.50. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Rent the Runway Inc [NASDAQ: RENT] shares were valued at $8.62 at the most recent close of the market. An investor can expect a potential return of 39.21% based on the average RENT price forecast.
Analyzing the RENT fundamentals
Trailing Twelve Months sales for Rent the Runway Inc [NASDAQ:RENT] were 300.80M which represents -7.20% decline. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.23%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is 0.43 and Total Capital is -0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.09.
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 7.54 points at the first support level, and at 6.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.90, and for the 2nd resistance point, it is at 11.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Rent the Runway Inc [NASDAQ:RENT] is 1.22. In addition, the Quick Ratio stands at 1.22 and the Cash Ratio stands at 1.63. Considering the valuation of this stock, the price to sales ratio is 0.12.
Transactions by insiders
Recent insider trading involved Case Becky, SVP, Engineering, that happened on May 02 ’25 when 647.0 shares were sold. Chief Legal & Admin. Officer, Schembri Cara completed a deal on May 02 ’25 to sell 263.0 shares. Meanwhile, Chief Merchant Officer Tam Sarah K sold 331.0 shares on May 02 ’25.
