Torrid Q3 EPS Estimate Decreased by Telsey Advisory Group

Key Points

• Telsey Advisory Group has decreased its Q3 2026 earnings per share estimate for Torrid Holdings from $0.05 to $0.00, maintaining a "Market Perform" rating with a target price of $3.00.
• In recent trading dynamics, Torrid's stock opened at $1.81, with analysts giving a consensus rating of "Hold" and a price target of $4.25.
• Significant insider selling occurred, with major shareholders offloading over 16.5 million shares in recent months, representing a notable decrease in their positions.

Torrid Holdings Inc. (NYSE:CURV - Free Report) - Telsey Advisory Group decreased their Q3 2026 earnings per share estimates for shares of Torrid in a report released on Friday, September 5th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will earn $0.00 per share for the quarter, down from their previous estimate of $0.05. Telsey Advisory Group currently has a "Market Perform" rating and a $3.00 target price on the stock. The consensus estimate for Torrid's current full-year earnings is $0.14 per share. Telsey Advisory Group also issued estimates for Torrid's Q4 2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.02 EPS and FY2027 earnings at $0.17 EPS.

Several other analysts also recently issued reports on the company. Wall Street Zen downgraded Torrid from a "hold" rating to a "sell" rating in a research note on Saturday. BTIG Research restated a "neutral" rating on shares of Torrid in a research note on Friday. Finally, Bank of America decreased their target price on Torrid from $7.00 to $6.00 and set a "buy" rating for the company in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $4.25.

Torrid Stock Performance

CURV opened at $1.81 on Monday. The company has a market cap of $190.40 million, a PE ratio of 45.34, a price-to-earnings-growth ratio of 1.10 and a beta of 1.56. The stock has a 50-day moving average of $2.48 and a 200-day moving average of $4.37. Torrid has a 52-week low of $1.76 and a 52-week high of $7.25.

Torrid (NYSE:CURV - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The company had revenue of $262.81 million for the quarter, compared to the consensus estimate of $259.38 million. Torrid had a negative return on equity of 1.72% and a net margin of 0.30%.During the same quarter last year, the company posted $0.08 EPS. Torrid has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Hedge Funds Weigh In On Torrid

Several large investors have recently added to or reduced their stakes in CURV. Wells Fargo & Company MN raised its holdings in Torrid by 150.7% in the 4th quarter. Wells Fargo & Company MN now owns 9,447 shares of the company's stock valued at $49,000 after acquiring an additional 5,678 shares in the last quarter. Barclays PLC raised its holdings in Torrid by 83.9% in the 4th quarter. Barclays PLC now owns 32,036 shares of the company's stock valued at $168,000 after acquiring an additional 14,620 shares in the last quarter. Northern Trust Corp raised its holdings in Torrid by 38.7% in the 4th quarter. Northern Trust Corp now owns 189,580 shares of the company's stock valued at $992,000 after acquiring an additional 52,891 shares in the last quarter. Bank of America Corp DE raised its holdings in Torrid by 4,794.2% in the 4th quarter. Bank of America Corp DE now owns 423,597 shares of the company's stock valued at $2,215,000 after acquiring an additional 414,942 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Torrid by 55.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,189 shares of the company's stock valued at $59,000 after acquiring an additional 4,013 shares in the last quarter. Institutional investors and hedge funds own 81.82% of the company's stock.

Insider Activity at Torrid

In other Torrid news, major shareholder Fund 1 Investments, Llc sold 250,000 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $2.74, for a total value of $685,000.00. Following the completion of the transaction, the insider owned 9,814,856 shares of the company's stock, valued at $26,892,705.44. This represents a 2.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Sycamore Partners Torrid, L.L. sold 15,680,908 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $3.32, for a total value of $52,060,614.56. Following the completion of the transaction, the insider directly owned 58,295,694 shares of the company's stock, valued at approximately $193,541,704.08. This trade represents a 21.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,538,741 shares of company stock worth $54,611,499 in the last 90 days. 9.77% of the stock is owned by company insiders.

Torrid Company Profile

Torrid Holdings Inc operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid, Torrid Curve, CURV, and Lovesick brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.