Torrid (CURV) Projected to Post Quarterly Earnings on Thursday

Torrid (NYSE:CURV) is anticipated to announce its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $263.34 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Torrid Stock Performance

CURV stock opened at $5.11 on Thursday. The firm has a market cap of $534.78 million, a P/E ratio of 34.03, a P/E/G ratio of 1.03 and a beta of 1.99. Torrid has a 52 week low of $2.18 and a 52 week high of $9.14. The firm’s fifty day moving average is $6.14 and its 200 day moving average is $5.01.

Wall Street Analyst Weigh In

CURV has been the subject of a number of analyst reports. Morgan Stanley increased their target price on shares of Torrid from $3.00 to $4.00 and gave the stock an “underweight” rating in a report on Tuesday, January 21st. Bank of America started coverage on shares of Torrid in a report on Friday, December 6th. They issued a “buy” rating and a $5.00 price target on the stock. The Goldman Sachs Group raised their target price on shares of Torrid from $4.00 to $4.50 and gave the stock a “neutral” rating in a research report on Tuesday, March 4th. Finally, Telsey Advisory Group decreased their price target on shares of Torrid from $8.00 to $5.00 and set a “market perform” rating for the company in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Torrid currently has a consensus rating of “Hold” and an average target price of $4.63.

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.