Currently, there are 85.66M common shares owned by the public and among those 80.91M shares have been available to trade.
The company’s stock has a 5-day price change of 27.70% and 130.57% over the past three months. TDUP shares are trading 35.97% year to date (YTD), with the 12-month market performance down to -9.13% lower. It has a 12-month low price of $0.50 and touched a high of $2.42 over the same period. TDUP has an average intraday trading volume of 873.27K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 31.07%, 41.17%, and 35.75% respectively.
Institutional ownership of ThredUp Inc (NASDAQ: TDUP) shares accounts for 48.17% of the company’s 85.66M shares outstanding.
It has a market capitalization of $214.99M and a beta (3y monthly) value of 1.67. The earnings-per-share (ttm) stands at -$0.63. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.79% over the week and 10.09% over the month.
Analysts forecast that ThredUp Inc (TDUP) will achieve an EPS of -0.12 for the current quarter, -0.09 for the next quarter and -0.36 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.13 while analysts give the company a high EPS estimate of -0.13. Comparatively, EPS for the current quarter was -0.13 a year ago. Earnings per share for the fiscal year are expected to increase by 8.74%, and 36.28% over the next financial year.
Telsey Advisory Group coverage for the ThredUp Inc (TDUP) stock in a research note released on May 07, 2024 offered a Outperform rating with a price target of $3. Raymond James on their part issued Outperform rating on June 30, 2022.
