Torrid HoldingsCURV
Market Cap: 850M
About: Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates, and accessories in North America targeting 27 to 42-year-old women. It is focused on fit and offers high-quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear, and accessories. The company has one reportable segment, which includes the operation of e-Commerce platform and stores.
Employees: 7,620
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
222% more call options, than puts
Call options by funds: $3.47M | Put options by funds: $1.08M
22% more funds holding
Funds holding: 41 [Q4 2023] → 50 (+9) [Q1 2024]
1.12% more ownership
Funds ownership: 81.82% [Q4 2023] → 82.94% (+1.12%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
14% less capital invested
Capital invested by funds: $491M [Q4 2023] → $421M (-$70.1M) [Q1 2024]
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
Morgan Stanley Alex Straton | 39%downside $5 | Underweight Downgraded | 18 Jul 2024 |
Telsey Advisory Group Dana Telsey | 2%downside $8 | Market Perform Maintained | 13 Jun 2024 |
Goldman Sachs Brooke Roach | 29%downside $5.75 | Neutral Maintained | 1 Apr 2024 |
Telsey Advisory Group Dana Telsey | 26%downside $6 | Market Perform Maintained | 1 Apr 2024 |
Telsey Advisory Group Dana Telsey | 39%downside $5 | Market Perform Reiterated | 25 Mar 2024 |