Torrid Holdings Inc. (NYSE:CURV – Free Report) – Equities researchers at Telsey Advisory Group dropped their FY2025 EPS estimates for shares of Torrid in a research note issued on Wednesday, December 4th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of $0.12 for the year, down from their prior estimate of $0.18. Telsey Advisory Group has a “Market Perform” rating and a $5.00 price target on the stock. The consensus estimate for Torrid’s current full-year earnings is $0.20 per share. Telsey Advisory Group also issued estimates for Torrid’s 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.
Torrid (NYSE:CURV – Get Free Report) last released its quarterly earnings results on Wednesday, September 4th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. The company had revenue of $284.60 million during the quarter, compared to analysts’ expectations of $282.87 million. Torrid had a net margin of 1.35% and a negative return on equity of 7.58%. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.06 earnings per share.
Read Our Latest Report on CURV
Torrid Stock Performance
NYSE CURV opened at $3.62 on Thursday. The stock has a 50-day simple moving average of $3.83 and a 200 day simple moving average of $5.77. Torrid has a twelve month low of $2.18 and a twelve month high of $9.14. The stock has a market capitalization of $378.94 million, a PE ratio of 24.13 and a beta of 2.01.
Hedge Funds Weigh In On Torrid
Hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC raised its stake in Torrid by 354.5% during the third quarter. Barclays PLC now owns 17,416 shares of the company’s stock worth $69,000 after acquiring an additional 13,584 shares in the last quarter. Maven Securities LTD bought a new stake in shares of Torrid in the 3rd quarter worth about $98,000. Quadrature Capital Ltd acquired a new stake in shares of Torrid during the 3rd quarter worth about $104,000. XTX Topco Ltd bought a new position in Torrid during the 3rd quarter valued at about $145,000. Finally, Ritholtz Wealth Management boosted its position in Torrid by 161.0% in the second quarter. Ritholtz Wealth Management now owns 38,180 shares of the company’s stock valued at $286,000 after buying an additional 23,553 shares in the last quarter. Institutional investors own 81.82% of the company’s stock.
Insider Activity at Torrid
In related news, CEO Lisa M. Harper sold 498,087 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $3.80, for a total value of $1,892,730.60. Following the sale, the chief executive officer now owns 5,596,314 shares of the company’s stock, valued at $21,265,993.20. The trade was a 8.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Sycamore Partners Torrid, L.L. sold 1,092,442 shares of the stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $3.80, for a total transaction of $4,151,279.60. Following the completion of the transaction, the insider now directly owns 73,976,602 shares of the company’s stock, valued at $281,111,087.60. This trade represents a 1.46 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,164,601 shares of company stock worth $34,825,484. 9.77% of the stock is owned by corporate insiders.
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.
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