The RealReal, Inc. (NASDAQ:REAL - Get Free Report) has received an average recommendation of "Moderate Buy" from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $8.40.
Separately, UBS Group increased their price objective on RealReal from $6.00 to $7.00 and gave the stock a "neutral" rating in a report on Friday, May 9th.
Read Our Latest Stock Report on RealReal
RealReal Stock Down 7.1%
Shares of NASDAQ:REAL traded down $0.41 during midday trading on Wednesday, hitting $5.40. 5,360,592 shares of the stock traded hands, compared to its average volume of 2,874,456. The business's 50 day moving average is $5.60 and its two-hundred day moving average is $7.01. The stock has a market capitalization of $610.71 million, a PE ratio of -4.19 and a beta of 2.53. RealReal has a one year low of $2.24 and a one year high of $11.38.
RealReal (NASDAQ:REAL - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The business had revenue of $160.03 million for the quarter, compared to analyst estimates of $159.98 million. As a group, sell-side analysts forecast that RealReal will post -0.4 earnings per share for the current year.
Institutional Trading of RealReal
A number of institutional investors and hedge funds have recently bought and sold shares of REAL. Quarry LP lifted its stake in RealReal by 120.1% during the 4th quarter. Quarry LP now owns 2,875 shares of the company's stock valued at $31,000 after acquiring an additional 1,569 shares during the period. Game Plan Financial Advisors LLC boosted its stake in shares of RealReal by 52.8% in the first quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company's stock worth $30,000 after acquiring an additional 1,900 shares during the period. Harvest Fund Management Co. Ltd bought a new position in RealReal in the 4th quarter worth approximately $94,000. AlphaQuest LLC bought a new position in shares of RealReal during the first quarter worth $59,000. Finally, Teacher Retirement System of Texas purchased a new position in shares of RealReal during the first quarter valued at about $61,000. 64.73% of the stock is currently owned by institutional investors.
RealReal Company Profile
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Get Free ReportThe 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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