Torrid (CURV) to Release Quarterly Earnings on Thursday

Torrid (NYSE:CURV) is expected to announce its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $263.34 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Torrid Stock Up 7.7 %

CURV stock opened at $5.42 on Tuesday. The company has a market capitalization of $567.57 million, a price-to-earnings ratio of 36.12, a P/E/G ratio of 1.03 and a beta of 1.99. Torrid has a 12 month low of $2.18 and a 12 month high of $9.14. The firm has a 50 day moving average of $6.11 and a two-hundred day moving average of $4.96.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CURV shares. Morgan Stanley boosted their price objective on shares of Torrid from $3.00 to $4.00 and gave the stock an “underweight” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group boosted their price objective on shares of Torrid from $4.00 to $4.50 and gave the stock a “neutral” rating in a research note on Tuesday, March 4th. Bank of America started coverage on shares of Torrid in a research note on Friday, December 6th. They set a “buy” rating and a $5.00 target price for the company. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $5.00 target price on shares of Torrid in a research note on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Torrid has an average rating of “Hold” and a consensus price target of $4.63.

Torrid Company Profile

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.