1 week Ago By ABMN Staff
Shares of The RealReal, Inc. ( NASDAQ:REAL – Get Free Report ) have been given a consensus recommendation of “Hold” by the seven brokerages that are covering the firm, Marketbeat.com reports.
Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $4.17.
A number of analysts have recently weighed in on the stock. Robert W. Baird reduced their price target on shares of RealReal from $4.
00 to $3.50 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Wedbush decreased their price target on RealReal from $4.
50 to $4.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. Get Our Latest Stock Analysis on RealReal Insider Buying and Selling at RealReal Institutional Trading of RealReal Several hedge funds and other institutional investors have recently modified their holdings of REAL.
Jump Financial LLC purchased a new stake in RealReal in the 4th quarter worth about $195,000. Anthracite Investment Company Inc. acquired a new stake in shares of RealReal during the fourth quarter worth approximately $925,000.
Findell Capital Management LLC acquired a new stake in shares of RealReal during the fourth quarter worth approximately $13,681,000. Chicago Partners Investment Group LLC purchased a new position in RealReal during the fourth quarter valued at approximately $40,000. Finally, Quadrature Capital Ltd acquired a new position in RealReal in the 4th quarter valued at approximately $174,000.
Institutional investors and hedge funds own 64.73% of the company’s stock. RealReal Stock Performance Shares of REAL stock opened at $2.
28 on Monday. RealReal has a 1 year low of $1.26 and a 1 year high of $4.
64. The firm has a market capitalization of $241.61 million, a PE ratio of -2.
00 and a beta of 2.80. The stock has a fifty day moving average of $3.
02 and a two-hundred day moving average of $3.34. RealReal ( NASDAQ:REAL – Get Free Report ) last posted its quarterly earnings data on Tuesday, August 6th.
The company reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.
02. The company had revenue of $144.93 million during the quarter, compared to analyst estimates of $139.
85 million. Equities research analysts predict that RealReal will post -0.74 earnings per share for the current fiscal year.
About RealReal ( Get Free Report 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. See Also Receive News & Ratings for RealReal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealReal and related companies with MarketBeat.com's FREE daily email newsletter .
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