What is William Blair’s Forecast for Torrid FY2025 Earnings?

Torrid Holdings Inc. (NYSE:CURV) – Stock analysts at William Blair reduced their FY2025 earnings estimates for Torrid in a research report issued on Wednesday, December 4th. William Blair analyst D. Carden now forecasts that the company will post earnings per share of $0.12 for the year, down from their previous forecast of $0.20. William Blair has a “Outperform” rating on the stock. The consensus estimate for Torrid’s current full-year earnings is $0.20 per share.

Several other equities analysts have also issued reports on the stock. Telsey Advisory Group lowered their target price on shares of Torrid from $8.00 to $5.00 and set a “market perform” rating for the company in a report on Wednesday. The Goldman Sachs Group lowered their target price on shares of Torrid from $4.50 to $4.00 and set a “neutral” rating for the company in a report on Wednesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Torrid presently has an average rating of “Hold” and a consensus price target of $5.25.

Torrid Price Performance

Shares of CURV opened at $3.43 on Thursday. The company has a 50-day simple moving average of $3.84 and a two-hundred day simple moving average of $5.79. Torrid has a one year low of $2.18 and a one year high of $9.14. The firm has a market capitalization of $359.05 million, a PE ratio of 22.87 and a beta of 2.01.

Torrid (NYSE:CURV) last issued its quarterly earnings data on Wednesday, September 4th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. Torrid had a net margin of 1.35% and a negative return on equity of 7.58%. The business had revenue of $284.60 million during the quarter, compared to analyst estimates of $282.87 million. During the same period last year, the business posted $0.06 earnings per share. Torrid’s quarterly revenue was down 1.6% compared to the same quarter last year.

Insider Buying and Selling

In other Torrid news, major shareholder Sycamore Partners Torrid, L.L. sold 7,282,942 shares of Torrid stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $3.80, for a total value of $27,675,179.60. Following the completion of the sale, the insider now owns 75,069,044 shares of the company’s stock, valued at approximately $285,262,367.20. The trade was a 8.84 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lisa M. Harper sold 498,087 shares of Torrid stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $3.80, for a total transaction of $1,892,730.60. Following the completion of the sale, the chief executive officer now directly owns 5,596,314 shares of the company’s stock, valued at approximately $21,265,993.20. This trade represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,164,601 shares of company stock worth $34,825,484 in the last three months. Insiders own 9.77% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CURV. Ritholtz Wealth Management lifted its stake in Torrid by 161.0% in the 2nd quarter. Ritholtz Wealth Management now owns 38,180 shares of the company’s stock worth $286,000 after purchasing an additional 23,553 shares in the last quarter. GSA Capital Partners LLP lifted its stake in Torrid by 87.3% in the 3rd quarter. GSA Capital Partners LLP now owns 108,234 shares of the company’s stock worth $425,000 after purchasing an additional 50,439 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Torrid by 8.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,941 shares of the company’s stock worth $346,000 after purchasing an additional 6,968 shares in the last quarter. Verition Fund Management LLC purchased a new stake in Torrid in the 3rd quarter worth $166,000. Finally, Centiva Capital LP purchased a new stake in Torrid in the 3rd quarter worth $3,930,000. Institutional investors own 81.82% of the company’s stock.

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.