Torrid (CURV) Stock Price, News & Analysis

Company Overview

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. The company sells its products directly to consumers through its e-commerce platform and its physical stores. Torrid Holdings Inc. was incorporated in 2019 and is headquartered in City Of Industry, California.

Key Stats

• Today's Range: $3.83 to $4.00
• 50-Day Range: $3.17 to $4.38
• 52-Week Range: $2.18 to $9.14
• Volume: 100,402 shs
• Average Volume: 372,528 shs
• Market Capitalization: $414.53 million
• P/E Ratio: 30.46
• Dividend Yield: N/A
• Price Target: $6.13
• Consensus Rating: Hold

Torrid Stock Analysis - MarketRank™

Torrid scored higher than 75% of companies evaluated by MarketBeat, and ranked 107th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Torrid has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Torrid has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 55.00%

Earnings Growth

Earnings for Torrid are expected to grow by 55.00% in the coming year, from $0.20 to $0.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Torrid is 30.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Torrid is 30.46, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 96.69.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.13% of the float of Torrid has been sold short.

Short Interest Ratio / Days to Cover

Torrid has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Torrid has recently increased by 2.98%, indicating that investor sentiment is decreasing.

Dividend

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

Dividend Yield

Torrid does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

3.13% of the float of Torrid has been sold short.

Short Interest Ratio / Days to Cover

Torrid has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Torrid has recently increased by 2.98%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.14

News Sentiment

Torrid has a news sentiment score of 0.14. 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 lower news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Torrid this week, compared to 3 articles on an average week.

Search Interest

Only 5 people have searched for CURV on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

MarketBeat Follows

7 people have added Torrid to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Torrid insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $34,825,484.00 in company stock.

Percentage Held by Insiders

Only 9.77% of the stock of Torrid is held by insiders.

Percentage Held by Institutions

81.82% of the stock of Torrid is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CURV Stock Analysis - Frequently Asked Questions

How have CURV shares performed this year?

Torrid's stock was trading at $5.77 on January 1st, 2024. Since then, CURV shares have decreased by 31.4% and is now trading at $3.96.
View the best growth stocks for 2024 here.

How were Torrid's earnings last quarter?

Torrid Holdings Inc. (NYSE:CURV) posted its earnings results on Wednesday, September, 4th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. Torrid's revenue was down 1.6% compared to the same quarter last year.

When did Torrid IPO?

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

Who are Torrid's major shareholders?

Top institutional shareholders of Torrid include Sycamore Partners Management L.P. (70.67%), Centiva Capital LP (0.96%), Geode Capital Management LLC (0.25%) and GSA Capital Partners LLP (0.10%). Insiders that own company stock include Sycamore Partners Torrid, LL, Lisa M Harper, Mark Mizicko, Elizabeth Munoz, Valeria Rico Nikolov, Theo Killion and Anne Stephenson.
View institutional ownership trends.

How do I buy shares of Torrid?

Shares of CURV 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 Torrid own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Torrid investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Visa (V).

Company Calendar

• Last Earnings: 9/04/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/03/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Apparel & accessory stores
• Sub-Industry: Retail
• Current Symbol: NYSE:CURV
• CUSIP: N/A
• CIK: 1792781
• Web: www.torrid.com
• Phone: 626-667-1002
• Fax: N/A
• Employees: 7,620
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.13
• High Stock Price Target: $8.00
• Low Stock Price Target: $4.50
• Potential Upside/Downside: +54.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.13
• Trailing P/E Ratio: 30.46
• Forward P/E Ratio: 19.80
• P/E Growth: N/A
• Net Income: $11.62 million
• Net Margins: 1.21%
• Pretax Margin: 1.67%
• Return on Equity: -6.77%
• Return on Assets: 2.80%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.88
• Quick Ratio: 0.36

Sales & Book Value

• Annual Sales: $1.15 billion
• Price / Sales: 0.36
• Cash Flow: $0.87 per share
• Price / Cash Flow: 4.53
• Book Value: ($2.03) per share
• Price / Book: -1.95

Miscellaneous

• Outstanding Shares: 104,680,000
• Free Float: 94,453,000
• Market Cap: $414.53 million
• Optionable: Optionable
• Beta: 1.96