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

Torrid Holdings Inc. (NYSE:CURV) – William Blair cut their FY2025 EPS estimates for Torrid in a research note issued to investors on Wednesday, December 4th. William Blair analyst D. Carden now expects that the company will post earnings of $0.12 per share 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.

Torrid (NYSE:CURV) last announced its quarterly earnings data on Wednesday, September 4th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $282.87 million. During the same quarter in the prior year, the firm earned $0.06 EPS. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year.

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

Torrid Stock Up 5.5 %

Shares of CURV stock opened at $3.62 on Thursday. The company has a market cap of $378.94 million, a P/E ratio of 24.13 and a beta of 2.01. The business has a 50 day moving average of $3.83 and a two-hundred day moving average of $5.77. Torrid has a 52 week low of $2.18 and a 52 week high of $9.14.

Insider Buying and Selling

In other news, insider Elizabeth Munoz sold 28,228 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $3.80, for a total value of $107,266.40. Following the completion of the sale, the insider now directly owns 1,948,683 shares of the company’s stock, valued at approximately $7,404,995.40. This represents a 1.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lisa M. Harper sold 498,087 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $3.80, for a total transaction of $1,892,730.60. Following the completion of the transaction, the chief executive officer now owns 5,596,314 shares of the company’s stock, valued at $21,265,993.20. This trade represents a 8.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,164,601 shares of company stock valued at $34,825,484 in the last three months. 9.77% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Torrid

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Centiva Capital LP acquired a new position in shares of Torrid during the 3rd quarter valued at $3,930,000. Geode Capital Management LLC boosted its stake in Torrid by 11.4% during the third quarter. Geode Capital Management LLC now owns 259,929 shares of the company’s stock valued at $1,022,000 after buying an additional 26,703 shares in the last quarter. GSA Capital Partners LLP grew its holdings in Torrid by 87.3% during the third quarter. GSA Capital Partners LLP now owns 108,234 shares of the company’s stock worth $425,000 after acquiring an additional 50,439 shares during the period. Charles Schwab Investment Management Inc. raised its position in Torrid by 8.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 87,941 shares of the company’s stock worth $346,000 after acquiring an additional 6,968 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Torrid in the 3rd quarter valued at about $166,000. 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.