William Blair Has Negative Outlook of Torrid FY2025 Earnings

Torrid Holdings Inc. (NYSE:CURV) – Investment analysts at William Blair decreased their FY2025 earnings per share (EPS) estimates for Torrid in a report released on Wednesday, December 4th. William Blair analyst D. Carden now anticipates that the company will post earnings per share of $0.12 for the year, down from their prior forecast of $0.20. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Torrid’s current full-year earnings is $0.20 per share.

Torrid (NYSE:CURV) last issued its quarterly earnings data on Wednesday, September 4th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. Torrid had a negative return on equity of 7.58% and a net margin of 1.35%. The company had revenue of $284.60 million for the quarter, compared to the consensus estimate of $282.87 million. During the same quarter last year, the business posted $0.06 earnings per share. The firm’s revenue was down 1.6% compared to the same quarter last year.

A number of other brokerages also recently issued reports on CURV. Bank of America initiated coverage on Torrid in a research report on Friday. They issued a “buy” rating and a $5.00 price objective on the stock. The Goldman Sachs Group lowered their price target on Torrid from $4.50 to $4.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Telsey Advisory Group lowered their price target on Torrid from $8.00 to $5.00 and set a “market perform” rating on the stock in a research report on Wednesday. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Torrid has an average rating of “Hold” and an average price target of $5.20.

Torrid Stock Performance

Shares of CURV stock opened at $4.16 on Thursday. Torrid has a 52-week low of $2.18 and a 52-week high of $9.14. The company has a market capitalization of $435.47 million, a PE ratio of 26.80 and a beta of 2.01. The business’s fifty day moving average is $3.82 and its 200 day moving average is $5.75.

Institutional Trading of Torrid

Large investors have recently bought and sold shares of the company. Barclays PLC boosted its position in shares of Torrid by 354.5% in the 3rd quarter. Barclays PLC now owns 17,416 shares of the company’s stock worth $69,000 after purchasing an additional 13,584 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Torrid by 11.4% in the 3rd quarter. Geode Capital Management LLC now owns 259,929 shares of the company’s stock worth $1,022,000 after purchasing an additional 26,703 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Torrid in the 3rd quarter worth approximately $145,000. Quadrature Capital Ltd purchased a new position in Torrid in the 3rd quarter worth approximately $104,000. Finally, Maven Securities LTD purchased a new position in Torrid in the 3rd quarter worth approximately $98,000. 81.82% of the stock is owned by institutional investors.

Insider Transactions at Torrid

In other Torrid news, CEO Lisa M. Harper sold 498,087 shares of Torrid stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $3.80, for a total transaction of $1,892,730.60. Following the sale, the chief executive officer now directly owns 5,596,314 shares of the company’s stock, valued at approximately $21,265,993.20. The trade was a 8.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Sycamore Partners Torrid, L.L. sold 7,282,942 shares of Torrid stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $3.80, for a total value of $27,675,179.60. Following the sale, the insider now directly owns 75,069,044 shares in the company, valued at approximately $285,262,367.20. The trade was a 8.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,164,601 shares of company stock worth $34,825,484. Company insiders own 9.77% of the company’s stock.

About Torrid

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.