Credit Suisse slashes price target on The RealReal Inc. [REAL] – find out why.

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The RealReal Inc. [NASDAQ: REAL] traded at a high on 07/05/22, posting a 12.15 gain after which it closed the day’ session at $2.77. The company report on June 7, 2022 that Founder Julie Wainwright to Step Down as CEO, Chairperson and Director of The RealReal.


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Rati Sahi Levesque and Robert Julian Appointed Co-Interim Chief Executive Officers of the Company.

The RealReal (the “Company” or “The RealReal”) (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today announced that after 11 years of leadership, its Founder Julie Wainwright has decided to step down from her role as Chief Executive Officer (“CEO”), Chairperson and member of the board of directors (the “Board”) of the Company, effective June 7, 2022. As part of the transition, the Board has appointed Rati Sahi Levesque, the Company’s President and Chief Operating Officer, and Robert Julian, the Company’s Chief Financial Officer, as Co-Interim Chief Executive Officers, effective June 7, 2022.

The results of the trading session contributed to over 7146703 shares changing hands. Over the past one week, the price volatility of The RealReal Inc. stands at 14.37% while the volatility over the past one month is 12.22%.

The market cap for REAL stock reached $263.54 million, with 93.48 million shares outstanding and 91.22 million shares in the current float. Compared to the average trading volume of 4.69M shares, REAL reached a trading volume of 7146703 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about The RealReal Inc. [REAL]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for REAL shares is $8.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on REAL stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for The RealReal Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 29, 2022. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on March 18, 2022, representing the official price target for The RealReal Inc. stock. Previously, the target price had yet another drop from $19 to $15, while Wells Fargo kept a Overweight rating on REAL stock. On February 24, 2022, analysts decreased their price target for REAL shares from 21 to 14.

The Average True Range (ATR) for The RealReal Inc. is set at 0.36, with the Price to Sales ratio for REAL stock in the period of the last 12 months amounting to 0.51.

How has REAL stock performed recently?

The RealReal Inc. [REAL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.31. With this latest performance, REAL shares dropped by -17.56% in over the last four-week period, additionally sinking by -76.14% over the last 6 months – not to mention a drop of -86.34% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for REAL stock in for the last two-week period is set at 45.22, with the RSI for the last a single of trading hit 47.83, and the three-weeks RSI is set at 42.98 for The RealReal Inc. [REAL]. The present Moving Average for the last 50 days of trading for this stock 3.66, while it was recorded at 2.66 for the last single week of trading, and 9.03 for the last 200 days.

The RealReal Inc. [REAL]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The RealReal Inc. [REAL] shares currently have an operating margin of -43.09 and a Gross Margin at +53.44. The RealReal Inc.’s Net Margin is presently recorded at -50.48.

Return on Equity for this stock declined to -178.58, with Return on Assets sitting at -34.72.

The RealReal Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.60.

Earnings analysis for The RealReal Inc. [REAL]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for REAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The RealReal Inc. go to 38.60%.

Insider trade positions for The RealReal Inc. [REAL]

There are presently around $203 million, or 99.10% of REAL stock, in the hands of institutional investors. The top three institutional holders of REAL stocks are: VANGUARD GROUP INC with ownership of 7,442,925, which is approximately 3.006% of the company’s market cap and around 5.10% of the total institutional ownership; BLACKROCK INC., holding 6,015,234 shares of the stock with an approximate value of $14.86 million in REAL stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $13.21 million in REAL stock with ownership of nearly 60.316% of the company’s market capitalization.

Positions in The RealReal Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 109 institutional holders increased their position in The RealReal Inc. [NASDAQ:REAL] by around 21,048,957 shares. Additionally, 87 investors decreased positions by around 20,844,882 shares, while 25 investors held positions by with 40,137,494 shares. The mentioned changes placed institutional holdings at 82,031,333 shares, according to the latest SEC report filing. REAL stock had 33 new institutional investments in for a total of 4,272,482 shares, while 37 institutional investors sold positions of 5,617,271 shares during the same period.

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