B. Riley assumed coverage on shares of RealReal (NASDAQ:REAL - Free Report) in a report issued on Thursday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $8.00 price target on the stock.
Separately, UBS Group upped their target price on RealReal from $6.00 to $7.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $8.33.
Read Our Latest Analysis on RealReal
RealReal Stock Up 3.2%
Shares of REAL stock traded up $0.18 during trading hours on Thursday, reaching $5.82. 2,131,462 shares of the company's stock were exchanged, compared to its average volume of 2,900,344. RealReal has a fifty-two week low of $2.24 and a fifty-two week high of $11.38. The stock has a market capitalization of $658.18 million, a P/E ratio of -5.15 and a beta of 2.46. The business has a fifty day moving average price of $5.30 and a 200-day moving average price of $6.48.
RealReal (NASDAQ:REAL - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.01). The firm had revenue of $160.03 million during the quarter, compared to the consensus estimate of $159.98 million. As a group, research analysts expect that RealReal will post -0.4 EPS for the current fiscal year.
Institutional Trading of RealReal
Large investors have recently bought and sold shares of the stock. Trexquant Investment LP bought a new stake in RealReal in the fourth quarter valued at $3,262,000. Wealth Enhancement Advisory Services LLC bought a new stake in RealReal in the first quarter valued at $127,000. G2 Investment Partners Management LLC bought a new stake in RealReal in the fourth quarter valued at $2,709,000. O Shaughnessy Asset Management LLC bought a new stake in RealReal in the fourth quarter valued at $156,000. Finally, Point72 Asset Management L.P. bought a new stake in RealReal in the fourth quarter valued at $606,000. 64.73% of the stock is currently owned by institutional investors.
About RealReal
(
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The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores. The company was incorporated in 2011 and is headquartered in San Francisco, California.
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