Poshmark (POSH) Stock Price, News & Analysis

Company Overview

Poshmark, Inc. operates as a social marketplace for new and secondhand style products in the United States, Canada, India, and Australia. The company offers apparel, footwear, home, beauty, and pet products, as well as accessories. As of December 31, 2021, it had 7.6 million active buyers. The company was formerly known as GoshPosh, Inc. and changed its name to Poshmark, Inc. in 2011. Poshmark, Inc. was incorporated in 2011 and is headquartered in Redwood City, California.

Key Stats

• Today's Range: $17.90 to $17.90
• 50-Day Range: $17.72 to $17.90
• 52-Week Range: $8.97 to $17.92
• Volume: N/A
• Average Volume: 1.01 million shs
• Market Capitalization: $1.42 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

POSH Stock Analysis - Frequently Asked Questions

How were Poshmark's earnings last quarter?

Poshmark, Inc. (NASDAQ:POSH) posted its quarterly earnings results on Tuesday, November, 9th. The clothing resale marketplace reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.01. The clothing resale marketplace had revenue of $79.65 million for the quarter, compared to the consensus estimate of $82.55 million. Poshmark had a negative net margin of 21.33% and a negative trailing twelve-month return on equity of 18.44%.

When did Poshmark IPO?

Poshmark (POSH) raised $244 million in an initial public offering on Thursday, January 14th 2021. The company issued 6,600,000 shares at a price of $35.00-$39.00 per share. Morgan Stanley, Goldman Sachs and Barclays acted as the underwriters for the IPO and Stifel, William Blair, Raymond James, Cowen and JMP Securities were co-managers.

What other stocks do shareholders of Poshmark own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Poshmark investors own include Meta Platforms (META), Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), Pinterest (PINS) and Block (SQ).

Company Calendar

• Last Earnings: 11/09/2021
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Catalog & mail - order houses
• Sub-Industry: N/A
• Current Symbol: NASDAQ:POSH
• CUSIP: 73739W104
• CIK: 0001825480
• Web: poshmark.com
• Phone: 650-262-4771
• Fax: N/A
• Employees: 750
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.96)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-98,330,000.00
• Net Margins: -21.33%
• Pretax Margin: -21.31%
• Return on Equity: -18.44%
• Return on Assets: -12.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.72
• Quick Ratio: 2.72

Sales & Book Value

• Annual Sales: $326.01 million
• Price / Sales: 4.35
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.40 per share
• Price / Book: 3.31

Miscellaneous

• Outstanding Shares: 79,220,000
• Free Float: 49,147,000
• Market Cap: $1.42 billion
• Optionable: Not Optionable
• Beta: -0.33