Torrid (NYSE:CURV) Reaches New 12-Month Low at $16.61

Torrid Holdings Inc. (NYSE:CURV)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $16.61 and last traded at $17.00, with a volume of 2587 shares trading hands. The stock had previously closed at $17.00.

Several equities analysts recently commented on CURV shares. Telsey Advisory Group started coverage on shares of Torrid in a research note on Monday, July 26th. They set an “outperform” rating and a $28.00 price objective for the company. William Blair began coverage on shares of Torrid in a research report on Monday, July 26th. They set an “outperform” rating and a $22.48 target price for the company. Bank of America started coverage on shares of Torrid in a research report on Monday, July 26th. They set a “buy” rating and a $32.00 target price for the company. Jefferies Financial Group started coverage on shares of Torrid in a report on Monday, July 26th. They issued a “buy” rating and a $30.00 price objective for the company. Finally, Morgan Stanley started coverage on shares of Torrid in a report on Monday, July 26th. They issued an “overweight” rating and a $28.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $28.31.

The firm has a 50 day moving average price of $23.99.

Torrid (NYSE:CURV) last issued its quarterly earnings results on Tuesday, September 7th. The company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.24. Research analysts forecast that Torrid Holdings Inc. will post 1.13 earnings per share for the current year.

Torrid Company Profile (NYSE:CURV)

Torrid Holdings Inc focuses on operating as a holding company for Torrid Parent Inc that operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid and Torrid Curve brand names. It is involved in the sale of tops, bottoms, dresses, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.

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