The RealReal, Inc. (NASDAQ:REAL) Given Average Rating of “Moderate Buy” by Brokerages

Shares of The RealReal, Inc. (NASDAQ:REAL) have earned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $8.40.

Separately, UBS Group lifted their price objective on shares of RealReal from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Friday, May 9th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Trexquant Investment LP purchased a new position in RealReal in the fourth quarter worth approximately $3,262,000. Aigen Investment Management LP lifted its stake in RealReal by 513.5% in the fourth quarter. Aigen Investment Management LP now owns 93,550 shares of the company’s stock worth $1,023,000 after acquiring an additional 78,301 shares during the last quarter. G2 Investment Partners Management LLC purchased a new position in RealReal in the fourth quarter worth approximately $2,709,000. O Shaughnessy Asset Management LLC purchased a new position in RealReal in the fourth quarter worth approximately $156,000. Finally, Stephens Inc. AR purchased a new position in RealReal in the fourth quarter worth approximately $978,000. Hedge funds and other institutional investors own 64.73% of the company’s stock.

RealReal Price Performance

Shares of REAL stock opened at $5.81 on Wednesday. The company has a 50-day moving average of $5.60 and a two-hundred day moving average of $7.01. RealReal has a 1-year low of $2.24 and a 1-year high of $11.38. The firm has a market cap of $657.08 million, a PE ratio of -4.50 and a beta of 2.53.

RealReal (NASDAQ:REAL) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.01). The company had revenue of $160.03 million for the quarter, compared to analysts’ expectations of $159.98 million. Sell-side analysts anticipate that RealReal will post -0.4 EPS for the current fiscal year.

About RealReal

The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores. The company was incorporated in 2011 and is headquartered in San Francisco, California.