The RealReal (NASDAQ:REAL) released its earnings results on Sunday. The company reported ($0.49) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.41) by ($0.08), MarketWatch Earnings reports. The firm had revenue of $84.59 million during the quarter, compared to analysts’ expectations of $93.89 million. The RealReal had a negative return on equity of 48.99% and a negative net margin of 46.90%. The firm’s revenue was down 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.17) earnings per share.
NASDAQ:REAL opened at $28.61 on Tuesday. The company has a current ratio of 3.62, a quick ratio of 3.46 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of -17.13 and a beta of 3.33. The firm’s fifty day simple moving average is $25.68 and its 200 day simple moving average is $18.22. The RealReal has a twelve month low of $5.00 and a twelve month high of $30.22.
Several research firms have commented on REAL. KeyCorp lifted their target price on shares of The RealReal from $21.00 to $32.00 and gave the stock an “overweight” rating in a research note on Friday, January 22nd. Piper Sandler boosted their price objective on shares of The RealReal from $25.00 to $33.00 in a research note on Tuesday, February 16th. B. Riley boosted their price objective on shares of The RealReal from $13.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, January 15th. Zacks Investment Research cut shares of The RealReal from a “hold” rating to a “sell” rating in a research note on Saturday, November 14th. Finally, Wells Fargo & Company boosted their price objective on shares of The RealReal from $25.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday, January 15th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The RealReal has a consensus rating of “Buy” and an average price target of $21.47.
The RealReal Company Profile
The RealReal, Inc operates an online marketplace for consigned luxury goods. It offers various resale product categories, including women's, men's, kids', jewelry, and watches, as well as home and art products. The company was founded in 2011 and is headquartered in San Francisco, California.
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