Torrid’s (CURV) “Market Perform” Rating Reaffirmed at Telsey Advisory Group

Torrid (NYSE:CURV)‘s stock had its “market perform” rating reaffirmed by research analysts at Telsey Advisory Group in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $8.00 price objective on the stock. Telsey Advisory Group’s price objective would suggest a potential upside of 20.30% from the company’s previous close. Telsey Advisory Group also issued estimates for Torrid’s Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.11 EPS and Q3 2026 earnings at $0.03 EPS.

Separately, Morgan Stanley downgraded Torrid from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective for the company. in a research note on Thursday, July 18th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Torrid has a consensus rating of “Hold” and a consensus target price of $4.96.

Torrid Trading Down 2.5 %

Torrid stock traded down $0.17 during midday trading on Wednesday, reaching $6.65. The company’s stock had a trading volume of 62,326 shares, compared to its average volume of 134,996. The stock has a market cap of $693.93 million, a PE ratio of 60.45 and a beta of 2.05. The business has a 50-day moving average price of $7.57 and a 200-day moving average price of $6.00. Torrid has a 52 week low of $1.21 and a 52 week high of $9.14.

Torrid (NYSE:CURV) last released its quarterly earnings data on Wednesday, June 12th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $279.77 million during the quarter, compared to the consensus estimate of $280.15 million. Torrid had a negative return on equity of 5.79% and a net margin of 1.05%. The company’s quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.11 earnings per share. As a group, research analysts predict that Torrid will post 0.18 EPS for the current fiscal year.

Institutional Trading of Torrid

A number of institutional investors have recently added to or reduced their stakes in the stock. Fund 1 Investments LLC increased its position in shares of Torrid by 493.6% during the 4th quarter. Fund 1 Investments LLC now owns 200,641 shares of the company’s stock valued at $1,158,000 after purchasing an additional 166,841 shares during the last quarter. Great Lakes Advisors LLC purchased a new stake in Torrid in the 4th quarter worth approximately $93,000. O Shaughnessy Asset Management LLC lifted its holdings in Torrid by 145.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 85,162 shares of the company’s stock worth $416,000 after buying an additional 50,466 shares during the period. Finally, Ritholtz Wealth Management lifted its holdings in Torrid by 161.0% in the 2nd quarter. Ritholtz Wealth Management now owns 38,180 shares of the company’s stock worth $286,000 after buying an additional 23,553 shares during the period. Hedge funds and other institutional investors own 81.82% of the company’s stock.

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.