Torrid Holdings Inc. (NYSE:CURV – Get Free Report) insider Elizabeth Munoz sold 188,189 shares of Torrid stock in a transaction on Friday, September 13th. The shares were sold at an average price of $3.80, for a total transaction of $715,118.20. Following the completion of the transaction, the insider now directly owns 1,976,911 shares of the company’s stock, valued at approximately $7,512,261.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Torrid Stock Up 2.6 %
CURV opened at $4.01 on Friday. The company has a market cap of $419.77 million, a price-to-earnings ratio of 36.46 and a beta of 2.01. The firm’s fifty day simple moving average is $7.23 and its two-hundred day simple moving average is $6.12. Torrid Holdings Inc. has a 52-week low of $1.23 and a 52-week high of $9.14.
Torrid (NYSE:CURV – Get Free Report) last posted its quarterly earnings data on Wednesday, September 4th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. Torrid had a negative return on equity of 6.77% and a net margin of 1.21%. The company had revenue of $284.60 million for the quarter, compared to analysts’ expectations of $282.87 million. During the same period in the previous year, the firm posted $0.06 EPS. Torrid’s revenue was down 1.6% compared to the same quarter last year. On average, research analysts forecast that Torrid Holdings Inc. will post 0.19 EPS for the current year.
Institutional Trading of Torrid
Analysts Set New Price Targets
A number of equities research analysts have recently commented on CURV shares. Telsey Advisory Group restated a “market perform” rating and set a $8.00 target price on shares of Torrid in a research report on Wednesday, September 4th. Morgan Stanley lowered Torrid from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective on the stock. in a report on Thursday, July 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $5.45.
Check Out Our Latest Research Report on Torrid
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.
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