Torrid (CURV) Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Torrid in the last year. There are currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CURV shares.
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8 Wall Street analysts have issued 12 month price targets for Torrid's shares. Their CURV share price forecasts range from $1.50 to $4.00. On average, they expect the company's stock price to reach $2.80 in the next twelve months. This suggests a possible upside of 45.1% from the stock's current price.
View analysts price targets for CURV or view top-rated stocks among Wall Street analysts.

Torrid's stock was trading at $2.96 on January 1st, 2023. Since then, CURV stock has decreased by 34.8% and is now trading at $1.93.
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Torrid saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,680,000 shares, an increase of 37.7% from the August 31st total of 1,220,000 shares. Based on an average daily volume of 145,700 shares, the days-to-cover ratio is presently 11.5 days.
View Torrid's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our CURV earnings forecast.

Torrid Holdings Inc. (NYSE:CURV) announced its quarterly earnings data on Wednesday, September, 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.05. The business had revenue of $289.14 million for the quarter, compared to analysts' expectations of $286.69 million. Torrid had a net margin of 1.85% and a negative trailing twelve-month return on equity of 9.83%. The firm's revenue was down 18.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 EPS.

Torrid issued an update on its third quarter 2023 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $242.00 million-$251.00 million, compared to the consensus revenue estimate of $262.13 million.

(CURV) raised $156 million in an IPO on Thursday, July 1st 2021. The company issued 8,000,000 shares at $18.00-$21.00 per share.

Torrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "CURV."

Torrid's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (0.82%), Geode Capital Management LLC (0.21%), Bank of New York Mellon Corp (0.17%), Northern Trust Corp (0.15%), Charles Schwab Investment Management Inc. (0.07%) and Renaissance Technologies LLC (0.05%). Insiders that own company stock include Anne Stephenson, Edward L Williams, Elizabeth Munoz, George Wehlitz, Lisa M Harper, Mark Mizicko, Michael Robert Salmon, Sycamore Partners Torrid, LL and Theo Killion.
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Shares of CURV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CURV stock can currently be purchased for approximately $1.93.

Torrid (NYSE:CURV) has a market capitalization of $200.86 million and generates $1.29 billion in revenue each year. The company earns $50.21 million in net income (profit) each year or $0.20 on an earnings per share basis.

The company employs 7,995 workers across the globe.

The official website for the company is www.torrid.com. The company can be reached via phone at 626-667-1002 or via email at ir@torrid.com.