ThredUp Inc (TDUP) can make a big difference with a little luck

With 0.75 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.95 million shares. The 52-week range on TDUP shows that it touched its highest point at $2.99 and its lowest point at $0.50 during that stretch. It currently has a 1-year price target of $3.00. Beta for the stock currently stands at 1.70.

Price Performance and Earnings:

Three-month performance surged to 36.42% while six-month performance rose 165.17%. The stock gained 19.80% in the past year, while it has gained 69.78% so far this year. A look at the trailing 12-month EPS for TDUP yields -0.69 with Next year EPS estimates of -0.21. For the next quarter, that number is -0.07. This implies an EPS growth rate of 31.94% for this year and 14.29% for next year. EPS is expected to grow by 10.28% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.65%.

Float and Shares Shorts:

At present, 88.06 million TDUP shares are outstanding with a float of 85.77 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TDUP since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.54874 being high and -$0.57924 being low. For TDUP, this leads to a yearly average estimate of -$0.56667.