According to Bloomberg, the seventeen analysts following The RealReal, Inc. (NASDAQ: REAL) have given the company a recommendation of “Hold.” Five analysts have given the company a buy rating, seven analysts have given a hold rating, and one analyst has given the stock a sell rating. The previous year saw brokers assign ratings to the stock, indicating that the stock has an average one-year price objective of $5.67. Several brokerages have just recently published their replies on REAL. According to a research report distributed on Tuesday, June 28, the price goal Stifel Nicolaus has set for RealReal has decreased from $6.00 to $4.00. The report was published online. On Wednesday, June 29, Raymond James published a research note, which led to the publication of news on RealReal. They assigned the business the rating of “outperform,” and they suggested a price goal of $9.00 for the stock. In a research note published on Wednesday, August 10, Needham & Company LLC lowered their price goal for RealReal from $10.00 to $6.00 and recommended “buying” the company’s stock.
The report was about RealReal. RealReal was the subject of the report. In a research report made available to the public on Friday, August 12, Cowen lowered their recommendation for RealReal from “outperform” to “market perform.” In addition, Cowen decreased their price objective for the stock from $14.00 to $3.00, bringing it down to $3.00. Finally, BTIG Research stated in a research note that was released on August 15 that they would be reducing their price objective on RealReal to $7.00. In other RealReal-related news, there was a transaction on August 20 in which President Levesque Rati Sahi sold 11,655 shares of the company’s stock. This is included in the other news involving RealReal. A loss of 28,787.85 dollars was incurred as a consequence of the sale of the stock, which was concluded at an average price of $2.47 per share. After the conclusion of the transaction, the president now owns 681,989 shares of the company. Based on the current stock price, these shares are estimated to be worth around $1,684,512.83. Documentation that describes the transaction in its entirety was given to the Securities and Exchange Commission (SEC). You can locate this paperwork on the website maintained by the SEC. On Saturday, August 20, RealReal President Levesque Rati Sahi sold 11,655 shares of the company’s stock. This is another development that has occurred. The stock brought in a total of $28,787.85 in revenue, even though it only traded at an average price of $2.47 a share.
After the conclusion of the transaction, the president now owns 681,989 shares of the company. Based on the current stock price, these shares are estimated to be worth around $1,684,512.83. You will be able to access additional details regarding the transaction by clicking on the link that has been given to you below. This link will lead you to a document submitted to the Securities and Exchange Commission. Additionally, RealReal insider Todd A. Suko sold 11,046 shares of the company’s stock on Saturday, August 20. When the shares were placed for sale, they fetched a total of $27,283.62 when they were purchased at an average price of $2.47 per share. After the successful transaction, the corporate insider could purchase 385,362 shares of the firm’s stock, each of which has a value of $951,844.14. Simply clicking on this link will take you to further information about the disclaimer associated with this sale. Insiders of the company have sold 51,860 shares over the past three months, bringing in a total of $125,365. Employees and other organization members own 13.06% of the company’s total shares. The ownership shares that institutional investors hold in the company have recently undergone some modifications due to recent adjustments.
During the first three months of 2018, Russell Investments Group Ltd. boosted the total number of shares of RealReal, which is owned by 29.5%. The most recent fiscal quarter saw Russell Investments Group Ltd. acquire an additional 101,260 shares of the company’s stock. This brings the total number of shares the firm owns to 444,145, which has a value of $3,223,000. The Keybank National Association OH opened a new position in RealReal that is estimated to be worth around $75,000 throughout the year’s first three months. During the first three months of 2018, Sciencast Management LP increased the size of its portfolio by making a new investment of about 243,000 dollars in RealReal. The value of Cinctive Capital Management LP’s investment in RealReal increased by 183.6% during the last three months of 2018. The value of Cinctive Capital Management LP’s current holdings in the company, which come to 51,051 shares, is currently $593,000. This is because the company made an additional purchase of 33,051 shares during the most recent quarter of the fiscal year. The company Valley Forge Investment Consultants, Inc. comes in last, although it is not the least important. During the first quarter, ADV successfully acquired a new position in RealReal with an estimated value of nearly 218 thousand dollars.
Hedge funds and other institutional investors hold eighty-four percent of the total shares outstanding in the corporation. When trading started on Monday, a share of REAL was priced at $2.43, which was the price at which it remained throughout the day. The company’s current ratio is 2.42, its quick ratio is 1.99, and its debt-to-equity ratio is 4.76. These are the company’s liquidity ratios. Additionally, the quick ratio is 1.99. The simple moving average price of the company’s shares over the past 50 days is $2.57, while the average price for the last 200 days is $4.35. Both the price-to-earnings ratio of the company, which is -1.03, and its beta value, which is 2.27, are negative. The company currently has a market capitalization of 232.15 million dollars. The current price of RealReal represents a 52-week high of $17.09, while the current price represents a 52-week low of $1.90. The most recent earnings report made available to the public by RealReal (NASDAQ: REAL) was made available to the general public on August 9. The firm reported earnings per share (EPS) for the quarter to be $0.40, which was $0.03 more than the consensus estimate of $0.43. At the end of the fiscal year, RealReal’s return on equity was negative by 11,650.13%, and the company’s net margin was also negative by 38.93%.
The company’s sales for the quarter came in at $154.44 million, which is significantly more than the estimates of $153.99 million that industry specialists supplied. The company reported $0.64 per share in the prior year’s financial statements for the same period. Compared to the previous fiscal year, the company’s revenue was reported to have increased by 47.2%. According to the projections made by financial experts in the industry, RealReal will most likely finish the current fiscal year with an EPS of -2.1. RealReal, Inc. runs an online marketplace in the United States to purchase and sell luxury goods donated by the individuals who originally owned them. It offers a variety of products in a wide variety of categories, including those designed for men, women, and children, as well as jewelry, watches, household goods, and arts & crafts. 2011 marked the beginning of operations for the corporation, which continues to operate out of San Francisco in California.