2 weeks Ago By ABMN Staff
Telsey Advisory Group reiterated their market perform rating on shares of Torrid ( NYSE:CURV – Free Report ) in a research report report published on Wednesday morning, Benzinga reports. They currently have a $8.00 target price on the stock.
Telsey Advisory Group also issued estimates for Torrid’s Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.
03 EPS and Q4 2026 earnings at $0.06 EPS. Separately, Morgan Stanley downgraded Torrid from an equal weight rating to an underweight rating and set a $5.
00 target price for the company. in a research report on Thursday, July 18th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock.
According to data from MarketBeat, the company presently has a consensus rating of Hold and a consensus target price of $4.96. Read Our Latest Report on Torrid Torrid Trading Down 0.
9 % Torrid ( NYSE:CURV – Get Free Report ) last posted its earnings results on Wednesday, June 12th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.
07 by $0.05. Torrid had a net margin of 1.
05% and a negative return on equity of 5.79%. The firm had revenue of $279.
77 million for the quarter, compared to analysts’ expectations of $280.15 million. During the same quarter in the previous year, the firm posted $0.
11 earnings per share. The company’s revenue was down 4.8% on a year-over-year basis.
As a group, research analysts anticipate that Torrid will post 0.18 earnings per share for the current year. Institutional Investors Weigh In On Torrid Several institutional investors and hedge funds have recently made changes to their positions in the stock.
Great Lakes Advisors LLC bought a new stake in Torrid in the fourth quarter valued at approximately $93,000. Fund 1 Investments LLC lifted its holdings in Torrid by 493.6% in the fourth quarter.
Fund 1 Investments LLC now owns 200,641 shares of the company’s stock valued at $1,158,000 after buying an additional 166,841 shares during the period. O Shaughnessy Asset Management LLC lifted its holdings in Torrid by 145.5% in the first quarter.
O Shaughnessy Asset Management LLC now owns 85,162 shares of the company’s stock valued at $416,000 after buying an additional 50,466 shares during the period. Finally, Ritholtz Wealth Management boosted its position in Torrid by 161.0% during the second quarter.
Ritholtz Wealth Management now owns 38,180 shares of the company’s stock valued at $286,000 after acquiring an additional 23,553 shares during the last quarter. Institutional investors and hedge funds own 81.82% of the company’s stock.
Torrid Company Profile ( Get Free Report ) 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.
Read More Receive News & Ratings for Torrid Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torrid and related companies with MarketBeat.com's FREE daily email newsletter ..
