Rent the Runway, a company that rents out designer clothing, wrapped its initial public offering, selling shares at $21 each. The stock debuted on the Nasdaq under the ticker symbol RENT at $24 per share.
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| Latest market close | $9.60 |
|---|---|
| 52-week range | $4.46 - $41.81 |
| 50-day moving average | $9.78 |
| 200-day moving average | $13.16 |
| Wall St. target price | $33.00 |
| PE ratio | N/A |
| Dividend yield | N/A |
| Earnings per share (TTM) | $-26.25 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $9.68 from 2024-11-21
| 1 week (2024-11-15) | 3.20% |
|---|---|
| 1 month (2024-10-24) | -4.54% |
| 3 months (2024-08-23) | -29.34% |
| 6 months (2024-05-23) | -67.46% |
| 1 year (2023-11-22) | 1,631.97% |
|---|---|
| 2 years (2022-11-23) | -61.59% |
| 3 years (2021-11-23) | 300 |
| 5 years (2019-11-20) | N/A |
Valuing Rent the Runway stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Rent the Runway's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Rent the Runway's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.2 million.
The EBITDA is a measure of a Rent the Runway's overall financial performance and is widely used to measure a its profitability.
To put Rent the Runway's EBITDA into context you can compare it against that of similar companies.
| Revenue TTM | $302.2 million |
|---|---|
| Gross profit TTM | $141.4 million |
| Return on assets TTM | -12.53% |
| Return on equity TTM | -774.86% |
| Profit margin | -31.07% |
| Book value | $-41.08 |
| Market Capitalization | $36.9 million |
TTM: trailing 12 months
We're not expecting Rent the Runway to pay a dividend over the next 12 months.
You may also wish to consider:
Rent the Runway's shares were split on a 1:20 basis on 2 April 2024 . So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Rent the Runway shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Rent the Runway shares which in turn could have impacted Rent the Runway's share price.
Over the last 12 months, Rent the Runway's shares have ranged in value from as little as $4.46 up to $41.81. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Rent the Runway's is 1.048. This would suggest that Rent the Runway's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
To put Rent the Runway's beta into context you can compare it against those of similar companies.
Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. Rent the Runway, Inc. was incorporated in 2009 and is headquartered in Brooklyn, New York. .
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