Torrid (NYSE:CURV – Free Report) had its price objective cut by Telsey Advisory Group from $8.00 to $5.00 in a report published on Wednesday morning, MarketBeat.com reports. They currently have a market perform rating on the stock. Telsey Advisory Group also issued estimates for Torrid’s Q4 2025 earnings at ($0.07) EPS, 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, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at $0.24 EPS.
Other analysts have also issued reports about the stock. William Blair raised shares of Torrid from a “market perform” rating to an “outperform” rating in a research report on Tuesday, September 17th. The Goldman Sachs Group decreased their target price on shares of Torrid from $7.00 to $4.50 and set a “neutral” rating for the company in a research report on Monday, October 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $5.20.
Check Out Our Latest Research Report on CURV
Torrid Stock Up 14.3 %
Torrid (NYSE:CURV – Get Free Report) last released its quarterly earnings results on Wednesday, September 4th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. Torrid had a negative return on equity of 7.58% and a net margin of 1.35%. The firm had revenue of $284.60 million during the quarter, compared to analyst estimates of $282.87 million. During the same period in the previous year, the company posted $0.06 EPS. The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. Analysts anticipate that Torrid will post 0.2 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Elizabeth Munoz sold 188,189 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $3.80, for a total value of $715,118.20. Following the completion of the transaction, the insider now directly owns 1,976,911 shares in the company, valued at $7,512,261.80. This trade represents a 8.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Sycamore Partners Torrid, L.L. sold 1,092,442 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 $4,151,279.60. Following the completion of the sale, the insider now owns 73,976,602 shares in the company, valued at approximately $281,111,087.60. This represents a 1.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,164,601 shares of company stock worth $34,825,484 in the last three months. Corporate insiders own 9.77% of the company’s stock.
Institutional Trading of Torrid
Several institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC raised its holdings in shares of Torrid by 354.5% during the third quarter. Barclays PLC now owns 17,416 shares of the company’s stock worth $69,000 after purchasing an additional 13,584 shares during the last quarter. Maven Securities LTD purchased a new position in shares of Torrid during the 3rd quarter valued at about $98,000. Quadrature Capital Ltd acquired a new position in shares of Torrid in the 3rd quarter valued at about $104,000. XTX Topco Ltd purchased a new stake in shares of Torrid in the third quarter worth about $145,000. Finally, Verition Fund Management LLC acquired a new stake in Torrid during the third quarter worth about $166,000. 81.82% of the stock is currently owned by institutional investors and hedge funds.
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.
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