Torrid (NYSE:CURV) Announces Quarterly Earnings Results

Torrid (NYSE:CURV) announced its quarterly earnings data on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01, Zacks reports. Torrid had a negative return on equity of 7.68% and a net margin of 1.35%. The firm had revenue of $265.97 million for the quarter, compared to analysts’ expectations of $270.95 million. Torrid updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

Torrid Trading Down 2.3%

Shares of Torrid stock opened at $4.97 on Friday. Torrid has a twelve month low of $2.18 and a twelve month high of $9.14. The stock has a market capitalization of $518.71 million, a price-to-earnings ratio of 33.15, a PEG ratio of 1.03 and a beta of 1.78. The business’s 50 day simple moving average is $5.46 and its 200-day simple moving average is $5.46.

Analyst Ratings Changes

Several analysts have issued reports on CURV shares. The Goldman Sachs Group cut Torrid from a “neutral” rating to a “sell” rating and set a $4.00 price objective on the stock. in a research note on Tuesday, April 22nd. Telsey Advisory Group reiterated a “market perform” rating and set a $6.00 price target on shares of Torrid in a research report on Monday. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $4.75.

Institutional Trading of Torrid

An institutional investor recently raised its position in Torrid stock. Rhumbline Advisers boosted its holdings in Torrid Holdings Inc. (NYSE:CURV) by 27.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,886 shares of the company’s stock after acquiring an additional 4,673 shares during the quarter. Rhumbline Advisers’ holdings in Torrid were worth $120,000 at the end of the most recent quarter. Hedge funds and other 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.