ThredUp (TDUP) Stock Price, News & Analysis

Company Overview

ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States and internationally. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California.

Key Stats

• Today's Range: $1.30 to $1.58
• 50-Day Range: $0.53 to $1.55
• 52-Week Range: $0.50 to $2.60
• Volume: 1.37 million shs
• Average Volume: 677,687 shs
• Market Capitalization: $176.33 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.40
• Consensus Rating: Moderate Buy

ThredUp Stock Analysis - MarketRank™

ThredUp scored higher than 73% of companies evaluated by MarketBeat, and ranked 61st out of 142 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ThredUp has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ThredUp has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for ThredUp are expected to grow in the coming year, from ($0.62) to ($0.44) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ThredUp is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ThredUp is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

ThredUp has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.08% of the float of ThredUp has been sold short.

Short Interest Ratio / Days to Cover

ThredUp has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in ThredUp has recently decreased by 3.78%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ThredUp does not currently pay a dividend.

Dividend Growth

ThredUp does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.08% of the float of ThredUp has been sold short.

Short Interest Ratio / Days to Cover

ThredUp has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in ThredUp has recently decreased by 3.78%, indicating that investor sentiment is improving.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.19

News Sentiment

ThredUp has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for ThredUp this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for TDUP on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added ThredUp to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, ThredUp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $443,771.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

34.42% of the stock of ThredUp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

89.08% of the stock of ThredUp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TDUP Stock Analysis - Frequently Asked Questions

How have TDUP shares performed this year?

ThredUp's stock was trading at $2.25 on January 1st, 2024. Since then, TDUP stock has decreased by 31.1% and is now trading at $1.55.
View the best growth stocks for 2024 here.

How were ThredUp's earnings last quarter?

ThredUp Inc. (NASDAQ:TDUP) announced its earnings results on Monday, August, 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.03. The firm had revenue of $79.76 million for the quarter, compared to analysts' expectations of $82.58 million. ThredUp had a negative trailing twelve-month return on equity of 78.74% and a negative net margin of 22.16%.

When did ThredUp IPO?

ThredUp (TDUP) raised $156 million in an IPO on Friday, March 26th 2021. The company issued 12,000,000 shares at a price of $12.00-$14.00 per share. Goldman Sachs, Morgan Stanley, Barclays, William Blair and Wells Fargo Securities served as the underwriters for the IPO and KeyBanc Capital Markets, Needham & Co., Piper Sandler and Telsey Advisory Group were co-managers.

Who are ThredUp's major shareholders?

Top institutional shareholders of ThredUp include Needham Investment Management LLC (5.62%), Geode Capital Management LLC (1.71%), State Street Corp (1.31%) and Privium Fund Management B.V. (0.35%). Insiders that own company stock include Gs Investment Strategies, Llc, James G Reinhart, Noam Paransky, Ian Friedman, Patricia Nakache, Noam Paranksy, Alon Rotem, Sean Sobers, Anthony Salvatore Marino, Christopher Homer and Trinity Tvl X, Llc.
View institutional ownership trends.

How do I buy shares of ThredUp?

Shares of TDUP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ThredUp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ThredUp investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/05/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Catalog & mail - order houses
• Sub-Industry: Retail
• Current Symbol: NASDAQ:TDUP
• CUSIP: N/A
• CIK: 1484778
• Web: www.thredup.com
• Phone: 415-402-5202
• Fax: N/A
• Employees: 2,377
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.40
• High Stock Price Target: $5.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +139.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.64)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-71,250,000.00
• Net Margins: -22.16%
• Pretax Margin: -22.27%
• Return on Equity: -78.74%
• Return on Assets: -29.58%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 0.96
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $322.02 million
• Price / Sales: 0.50
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.61 per share
• Price / Book: 2.33

Miscellaneous

• Outstanding Shares: 113,760,000
• Free Float: 74,602,000
• Market Cap: $161.63 million
• Optionable: Optionable
• Beta: 0.75