Torrid (NYSE:CURV – Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 20th. Analysts expect Torrid to post earnings of ($0.07) per share and revenue of $263.34 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Torrid Trading Up 2.3 %
CURV opened at $5.57 on Wednesday. The stock’s 50-day moving average price is $6.11 and its 200 day moving average price is $4.96. Torrid has a 12-month low of $2.18 and a 12-month high of $9.14. The firm has a market cap of $582.97 million, a price-to-earnings ratio of 37.10, a PEG ratio of 1.03 and a beta of 1.99.
Analyst Ratings Changes
Several equities research analysts have weighed in on CURV shares. Telsey Advisory Group restated a “market perform” rating and set a $5.00 price target on shares of Torrid in a report on Friday, March 14th. Bank of America started coverage on Torrid in a report on Friday, December 6th. They set a “buy” rating and a $5.00 price target on the stock. The Goldman Sachs Group upped their price target on Torrid from $4.00 to $4.50 and gave the stock a “neutral” rating in a report on Tuesday, March 4th. Finally, Morgan Stanley increased their price objective on Torrid from $3.00 to $4.00 and gave the company an “underweight” rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Torrid currently has a consensus rating of “Hold” and a consensus target price of $4.63.
About Torrid
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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