Telsey Advisory Group Weighs in on Torrid FY2026 Earnings

Torrid Holdings Inc. (NYSE:CURV) – Equities researchers at Telsey Advisory Group decreased their FY2026 earnings per share estimates for shares of Torrid in a report released on Friday, March 21st. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.19 per share for the year, down from their previous forecast of $0.24. Telsey Advisory Group currently has a “Market Perform” rating and a $6.00 target price on the stock. The consensus estimate for Torrid’s current full-year earnings is $0.14 per share. Telsey Advisory Group also issued estimates for Torrid’s FY2027 earnings at $0.25 EPS.

Several other equities research analysts also recently commented on CURV. The Goldman Sachs Group lifted their price objective on Torrid from $4.50 to $5.00 and gave the stock a “neutral” rating in a report on Friday, March 21st. Bank of America initiated coverage on shares of Torrid in a research note on Friday, December 6th. They issued a “buy” rating and a $5.00 price target for the company. Finally, Morgan Stanley increased their price objective on shares of Torrid from $3.00 to $4.00 and gave the company an “underweight” rating in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $5.00.

Torrid Trading Down 6.1 %

CURV stock opened at $5.59 on Monday. The stock’s 50 day simple moving average is $6.10 and its 200 day simple moving average is $4.93. Torrid has a 12-month low of $2.18 and a 12-month high of $9.14. The stock has a market capitalization of $585.59 million, a PE ratio of 37.27, a price-to-earnings-growth ratio of 1.03 and a beta of 1.99.

Torrid (NYSE:CURV) last issued its earnings results on Thursday, March 20th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.04. Torrid had a net margin of 1.35% and a negative return on equity of 7.68%. The business had revenue of $275.60 million during the quarter, compared to analysts’ expectations of $263.34 million. During the same period in the previous year, the company earned ($0.04) earnings per share. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year.

Institutional Investors Weigh In On Torrid

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its position in Torrid by 8.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 87,941 shares of the company’s stock valued at $346,000 after buying an additional 6,968 shares during the period. Verition Fund Management LLC purchased a new position in shares of Torrid during the 3rd quarter worth $166,000. Centiva Capital LP bought a new stake in shares of Torrid during the 3rd quarter valued at $3,930,000. Maven Securities LTD purchased a new stake in shares of Torrid in the 3rd quarter worth $98,000. Finally, Quadrature Capital Ltd bought a new position in Torrid in the 3rd quarter worth $104,000. Hedge funds and other institutional investors own 81.82% of the company’s stock.

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.