The RealReal Inc. (NASDAQ: REAL) stock fell -2.62% on Monday to $2.23 against a previous-day closing price of $2.29. With 2.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.31 million shares. During the session, the Luxury Goods company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.3100 whereas the lowest price it dropped to was $2.1600. The 52-week range on REAL shows that it touched its highest point at $3.71 and its lowest point at $1.00 during that stretch. It currently has a 1-year price target of $2.63. Beta for the stock currently stands at 2.66.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of REAL was down-trending over the past week, with a drop of -18.61%, but this was up by 3.24% over a month. Three-month performance surged to 93.91% while six-month performance rose 7.21%. The stock lost -18.61% in the past year, while it has gained 78.40% so far this year. A look at the trailing 12-month EPS for REAL yields -2.27 with Next year EPS estimates of -0.47. For the next quarter, that number is -0.35. This implies an EPS growth rate of 20.70% for this year and 57.70% for next year. EPS is expected to grow by 38.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -25.30%.
Float and Shares Shorts:
At present, 99.61 million REAL shares are outstanding with a float of 94.75 million shares on hand for trading. On Jul 13, 2023, short shares totaled 11.36 million, which was 11.34% higher than short shares on Jun 14, 2023. In addition to Ms. Rati Sahi Levesque as the firm’s Pres & COO, Mr. Robert K. Julian serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 62.12% of REAL’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 37.62% of REAL, in contrast to 35.64% held by mutual funds. Shares owned by individuals account for 13.79%. As the largest shareholder in REAL with 5.70% of the stake, BlackRock Fund Advisors holds 5,704,618 shares worth 5,704,618. A second-largest stockholder of REAL, The Vanguard Group, Inc., holds 5,687,316 shares, controlling over 5.68% of the firm’s shares. Woodson Capital Management LP is the third largest shareholder in REAL, holding 3,800,000 shares or 3.79% stake. With a 3.06% stake in REAL, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 3,060,752 shares are owned by the mutual fund manager. The Fidelity Climate Leadership Fund, which owns about 1.50% of REAL stock, is the second-largest Mutual Fund holder. It holds 1,500,000 shares valued at 3.33 million. Vanguard Extended Market Index Fu holds 1.42% of the stake in REAL, owning 1,417,679 shares worth 3.15 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, REAL reported revenue of $154.44M and operating income of -$50.98M. The EBITDA in the recently reported quarter was -$43.76M and diluted EPS was -$0.56.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for REAL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With REAL analysts setting a high price target of $6.00 and a low target of $1.50, the average target price over the next 12 months is $2.73. Based on these targets, REAL could surge 169.06% to reach the target high and fall by -32.74% to reach the target low. Reaching the average price target will result in a growth of 22.42% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded REAL stock several times over the past three months with 0 Buys and 19 Sells. In these transactions, 0 shares were bought while 81,595 shares were sold. The number of buy transactions has increased to 10 while that of sell transactions has risen to 75 over the past year. The total number of shares bought during that period was 4,500,000 while 323,146 shares were sold.
