Shares of The RealReal, Inc. (NASDAQ:REAL) have been given an average rating of “Buy” by the seventeen research firms that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $23.71.

REAL has been the subject of several recent research reports. B. Riley increased their price objective on The RealReal from $13.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, January 15th. Piper Sandler increased their price objective on The RealReal from $25.00 to $33.00 in a research note on Tuesday, February 16th. Robert W. Baird began coverage on The RealReal in a research note on Monday, December 21st. They issued an “outperform” rating and a $23.00 price objective for the company. Zacks Investment Research raised The RealReal from a “sell” rating to a “hold” rating in a research note on Thursday, March 18th. Finally, Raymond James reaffirmed a “market perform” rating on shares of The RealReal in a research note on Monday, March 1st.

In other news, CAO Steve Ming Lo sold 13,382 shares of The RealReal stock in a transaction dated Monday, January 11th. The stock was sold at an average price of $23.79, for a total value of $318,357.78. Following the completion of the transaction, the chief accounting officer now owns 41,049 shares in the company, valued at approximately $976,555.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Levesque Rati Sahi sold 19,012 shares of The RealReal stock in a transaction dated Tuesday, February 23rd. The shares were sold at an average price of $28.03, for a total value of $532,906.36. Insiders have sold a total of 334,625 shares of company stock valued at $8,454,379 over the last 90 days. 27.80% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in REAL. Amundi Pioneer Asset Management Inc. raised its position in shares of The RealReal by 100.9% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 180,983 shares of the company’s stock worth $3,536,000 after acquiring an additional 90,898 shares in the last quarter. UBS Asset Management Americas Inc. raised its position in shares of The RealReal by 70.1% during the 4th quarter. UBS Asset Management Americas Inc. now owns 25,000 shares of the company’s stock worth $488,000 after acquiring an additional 10,300 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of The RealReal during the 4th quarter worth about $574,000. Virtu Financial LLC acquired a new stake in shares of The RealReal during the 4th quarter worth about $544,000. Finally, Principal Financial Group Inc. acquired a new stake in shares of The RealReal during the 4th quarter worth about $315,000. Institutional investors and hedge funds own 84.16% of the company’s stock.

Shares of NASDAQ:REAL opened at $22.69 on Thursday. The business’s 50 day moving average price is $23.97 and its 200-day moving average price is $19.79. The RealReal has a 1 year low of $7.15 and a 1 year high of $30.22. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.62 and a quick ratio of 3.46. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of -13.59 and a beta of 3.33.

The RealReal (NASDAQ:REAL) last posted its quarterly earnings data on Sunday, February 21st. The company reported ($0.49) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.41) by ($0.08). The RealReal had a negative net margin of 46.90% and a negative return on equity of 48.99%. The firm had revenue of $84.59 million during the quarter, compared to analyst estimates of $93.89 million. During the same period in the prior year, the company posted ($0.17) earnings per share. The firm’s revenue for the quarter was down 9.8% compared to the same quarter last year. On average, sell-side analysts expect that The RealReal will post -1.86 earnings per share for the current year.

About The RealReal

The RealReal, Inc operates an online marketplace for consigned luxury goods. It offers various resale product categories, including women's, men's, kids', jewelry, and watches, as well as home and art products. The company was founded in 2011 and is headquartered in San Francisco, California.

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Analyst Recommendations for The RealReal (NASDAQ:REAL)

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