Telsey Advisory Group Forecasts Torrid FY2026 Earnings

Torrid Holdings Inc. (NYSE:CURV) – Analysts at Telsey Advisory Group decreased their FY2026 earnings per share estimates for Torrid in a research report issued on Friday, March 21st. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of $0.19 for the year, down from their prior forecast of $0.24. Telsey Advisory Group currently has a “Market Perform” rating and a $6.00 target price on the stock. The consensus estimate for Torrid’s current full-year earnings is $0.14 per share. Telsey Advisory Group also issued estimates for Torrid’s FY2027 earnings at $0.25 EPS.

Several other equities analysts have also weighed in on CURV. The Goldman Sachs Group increased their price target on shares of Torrid from $4.50 to $5.00 and gave the company a “neutral” rating in a research report on Friday. Morgan Stanley lifted their price target on shares of Torrid from $3.00 to $4.00 and gave the stock an “underweight” rating in a report on Tuesday, January 21st. Finally, Bank of America initiated coverage on Torrid in a report on Friday, December 6th. They set a “buy” rating and a $5.00 price objective for the company. 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, the company presently has a consensus rating of “Hold” and an average target price of $5.00.

Torrid Trading Up 3.4 %

Shares of Torrid stock opened at $5.95 on Monday. The business’s fifty day simple moving average is $6.10 and its 200 day simple moving average is $4.94. Torrid has a 12 month low of $2.18 and a 12 month high of $9.14. The firm has a market capitalization of $622.89 million, a P/E ratio of 39.64, a price-to-earnings-growth ratio of 1.03 and a beta of 1.99.

Torrid (NYSE:CURV) last announced its earnings results on Thursday, March 20th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.04. The company had revenue of $275.60 million during the quarter, compared to the consensus estimate of $263.34 million. Torrid had a net margin of 1.35% and a negative return on equity of 7.68%. The firm’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.04) earnings per share.

Hedge Funds Weigh In On Torrid

A number of large investors have recently made changes to their positions in CURV. Nomura Holdings Inc. bought a new stake in Torrid during the fourth quarter valued at $14,240,000. Centiva Capital LP bought a new position in shares of Torrid in the third quarter worth approximately $3,930,000. Bank of America Corp DE raised its stake in Torrid by 4,794.2% in the fourth quarter. Bank of America Corp DE now owns 423,597 shares of the company’s stock valued at $2,215,000 after purchasing an additional 414,942 shares in the last quarter. Shay Capital LLC grew its position in Torrid by 140.2% in the fourth quarter. Shay Capital LLC now owns 478,880 shares of the company’s stock worth $2,505,000 after acquiring an additional 279,521 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Torrid by 103.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 437,535 shares of the company’s stock worth $2,288,000 after purchasing an additional 222,504 shares during the last quarter. 81.82% of the stock is owned by institutional investors.

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.