Torrid (NYSE:CURV) Price Target Cut to $5.00 by Analysts at Telsey Advisory Group

Torrid (NYSE:CURV) had its price target reduced by analysts at Telsey Advisory Group from $8.00 to $5.00 in a report released on Wednesday, Marketbeat.com reports. The brokerage presently has a “market perform” rating on the stock. Telsey Advisory Group’s price objective indicates a potential upside of 38.12% from the stock’s current price. Telsey Advisory Group also issued estimates for Torrid’s FY2025 earnings at $0.12 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.02 EPS and FY2026 earnings at $0.24 EPS.

A number of other equities research analysts have also issued reports on the stock. The Goldman Sachs Group cut their price objective on shares of Torrid from $7.00 to $4.50 and set a “neutral” rating for the company in a report on Monday, October 21st. William Blair raised shares of Torrid from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $5.25.

Torrid Stock Performance

CURV opened at $3.62 on Wednesday. Torrid has a fifty-two week low of $2.18 and a fifty-two week high of $9.14. The stock has a market cap of $378.94 million, a price-to-earnings ratio of 24.13 and a beta of 2.01. The firm’s fifty day moving average is $3.83 and its 200 day moving average is $5.77.

Torrid (NYSE:CURV) last released its quarterly earnings data on Wednesday, September 4th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The firm had revenue of $284.60 million during the quarter, compared to analyst estimates of $282.87 million. Torrid had a negative return on equity of 7.58% and a net margin of 1.35%. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.06 earnings per share. On average, equities research analysts predict that Torrid will post 0.2 earnings per share for the current year.

Insider Transactions at Torrid

In other news, insider Elizabeth Munoz sold 28,228 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $3.80, for a total value of $107,266.40. Following the sale, the insider now directly owns 1,948,683 shares in the company, valued at $7,404,995.40. The trade was a 1.43 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Lisa M. Harper sold 498,087 shares of the stock in a transaction dated 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 directly owns 5,596,314 shares of the company’s stock, valued at approximately $21,265,993.20. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,164,601 shares of company stock valued at $34,825,484 in the last ninety days. Corporate insiders own 9.77% of the company’s stock.

Hedge Funds Weigh In On Torrid

A number of institutional investors and hedge funds have recently modified their holdings of CURV. Barclays PLC raised its holdings in Torrid by 354.5% during the 3rd quarter. Barclays PLC now owns 17,416 shares of the company’s stock valued at $69,000 after buying an additional 13,584 shares during the period. Maven Securities LTD bought a new position in Torrid during the third quarter valued at $98,000. Quadrature Capital Ltd purchased a new stake in shares of Torrid in the third quarter valued at $104,000. XTX Topco Ltd bought a new stake in shares of Torrid in the 3rd quarter worth about $145,000. Finally, Verition Fund Management LLC purchased a new position in shares of Torrid during the 3rd quarter worth about $166,000. Hedge funds and other institutional investors own 81.82% of the company’s stock.

About Torrid

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.