The RealReal, Inc. (REAL) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts have a Moderate Buy consensus on The RealReal, with six buy, two hold, and one sell rating among nine brokerages; the average 12-month price target is $17.50.
• For its latest quarter, RealReal reported revenue of $206.12 million, above the $196.89 million consensus and up 18.7% year over year, with EPS of $0.02.
• Company insiders sold a combined 173,004 shares worth about $1.9 million over the past 90 days; institutional investors own 64.73% of the stock.

Shares of The RealReal, Inc. (NASDAQ:REAL - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the nine brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $17.50.

REAL has been the topic of a number of recent research reports. Roth Capital reiterated a "buy" rating and set a $19.00 price target on shares of RealReal in a research report on Friday, October 16th. BTIG Research restated a "buy" rating and issued a $17.00 price objective on shares of RealReal in a report on Thursday, September 17th. UBS Group reduced their target price on shares of RealReal from $16.00 to $14.00 and set a "neutral" rating on the stock in a report on Thursday, October 22nd. Weiss Ratings reiterated a "sell (d-)" rating on shares of RealReal in a research report on Thursday, October 15th. Finally, Wall Street Zen raised shares of RealReal from a "hold" rating to a "buy" rating in a research note on Saturday, October 31st.

RealReal Price Performance

Shares of REAL opened at $12.87 on Monday. The firm has a market cap of $1.61 billion, a PE ratio of -19.21 and a beta of 2.85. The stock's fifty day moving average price is $10.20 and its two-hundred day moving average price is $10.96. RealReal has a 1 year low of $8.05 and a 1 year high of $17.39.

RealReal (NASDAQ:REAL - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $206.12 million during the quarter, compared to the consensus estimate of $196.89 million. The business's revenue for the quarter was up 18.7% on a year-over-year basis. During the same period last year, the firm earned ($0.09) EPS. Sell-side analysts anticipate that RealReal will post -0.10 earnings per share for the current fiscal year.

Insider Buying and Selling at RealReal

In other RealReal news, insider Todd A. Suko sold 17,567 shares of RealReal stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $10.97, for a total transaction of $192,709.99. Following the sale, the insider directly owned 587,897 shares of the company's stock, valued at approximately $6,449,230.09. The trade was a 2.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Luke Friang sold 22,028 shares of RealReal stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $10.98, for a total value of $241,867.44. Following the sale, the insider owned 508,648 shares in the company, valued at $5,584,955.04. This represents a 4.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 173,004 shares of company stock worth $1,899,283 over the last ninety days. 2.66% of the stock is owned by company insiders.

Institutional Trading of RealReal

A number of institutional investors and hedge funds have recently modified their holdings of REAL. BlackRock Inc. bought a new stake in RealReal during the 2nd quarter valued at $134,510,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of RealReal by 58.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,049,042 shares of the company's stock worth $36,765,000 after buying an additional 1,489,939 shares during the period. AWM Investment Company Inc. purchased a new stake in shares of RealReal in the 2nd quarter worth $21,265,000. Renaissance Technologies LLC grew its position in shares of RealReal by 117.9% during the 1st quarter. Renaissance Technologies LLC now owns 1,646,200 shares of the company's stock worth $14,947,000 after buying an additional 890,700 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in shares of RealReal during the 3rd quarter worth $11,930,000. Institutional investors own 64.73% of the company's stock.

About RealReal

The RealReal, Inc operates an online and physical marketplace for authenticated, pre-owned luxury goods. Through its platform, the company enables individuals and businesses to consign and purchase items across categories such as apparel, handbags, shoes, jewelry, watches, fine art, and home furnishings.

The company combines consignment services with in-house authentication, merchandising, photography, fulfillment, and customer support. Its authentication process is designed to assess the legitimacy and condition of products before they are offered for sale, helping connect sellers with buyers seeking luxury items through the resale market.

Founded in 2011 by Julie Wainwright, The RealReal serves customers primarily in the United States through its website, mobile applications, and retail locations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.