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Rent the Runway (RENT)
NASDAQ:RENT
Rent the Runway (RENT) Stock Price & Analysis
319 Followers
RENT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.46 - $64.10
Previous Close$11.28
Volume594.46K
Average Volume (3M)1.32M
Market Cap
$39.99M
Enterprise Value$311.39M
Total Cash (Recent Filing)$84.00M
Total Debt (Recent Filing)$355.40M
Price to Earnings (P/E)-0.3
Beta1.25
Next Earnings
Jun 06, 2024EPS Estimate
-$5.95Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-34.23
Shares Outstanding3,672,242
10 Day Avg. Volume7,963,086
30 Day Avg. Volume1,318,109
Standard Deviation0.35
R-Squared0.02
Alpha-0.08
Financial Highlights & Ratios
Price to Book (P/B)-0.37
Price to Sales (P/S)0.57
Price to Cash Flow (P/CF)-1.40
P/FCF Ratio0.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.04
Enterprise Value/Gross Profit1.47
Enterprise Value/Ebitda-42.66
Forecast
1Y Price Target
$23.00Price Target Upside103.90% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Rent the Runway News
Bulls Say, Bears Say
Bulls Say
Cost SavingsCompany expects to save $11-13M of annualized run-rate cash savings
Debt RestructuringThe company has new debt terms that include no interest expense for six quarters, which will aid in improving the balance sheet
Financial OutlookManagement reiterates the full year outlook of positive revenues and EBITDA, indicating confidence in the company's financial targets
Bears Say
Financial PerformanceRENT's 3Q results showed revenues below expectations with a decline in active subscribers.
Guidance WithdrawalThe company pulled 2023 FCF guidance as it is making additional investments this year.
Management ChangesCOO Anushka Salinas resigns.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Rent the Runway
Desktop Users
Mobile Users
RENT FAQ
What was Rent the Runway’s price range in the past 12 months?
Rent the Runway lowest stock price was $4.46 and its highest was $64.10 in the past 12 months.
What is Rent the Runway’s market cap?
Currently, no data Available
When is Rent the Runway’s upcoming earnings report date?
Rent the Runway’s upcoming earnings report date is Jun 06, 2024 which is in 48 days.
How were Rent the Runway’s earnings last quarter?
Rent the Runway released its earnings results on Apr 10, 2024. The company reported -$7.02 earnings per share for the quarter, missing the consensus estimate of -$5.345 by -$1.675.
Is Rent the Runway overvalued?
According to Wall Street analysts Rent the Runway’s price is currently Undervalued.
Does Rent the Runway pay dividends?
Rent the Runway does not currently pay dividends.
What is Rent the Runway’s EPS estimate?
Rent the Runway’s EPS estimate is -$5.95.
How many shares outstanding does Rent the Runway have?
Rent the Runway has 3,390,602 shares outstanding.
What happened to Rent the Runway’s price movement after its last earnings report?
Rent the Runway reported an EPS of -$7.02 in its last earnings report, missing expectations of -$5.345. Following the earnings report the stock price went up 161.892%.
Which hedge fund is a major shareholder of Rent the Runway?
Among the largest hedge funds holding Rent the Runway’s share is Ares Management Llc. It holds Rent the Runway’s shares valued at 2M.
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Rent the Runway Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$23.00 (103.90% Upside)
$23.00 (103.90% Upside)
Blogger Sentiment
Bullish
RENT Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 5.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 2.2%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-78.01%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-15.50%
Trailing 12-Months
Company Description
Rent the Runway
Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.
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RENT Company Deck
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RENT Earnings Call
Q4 2024
0:00 / 0:00
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RENT Revenue Breakdown
90.62% Subscription and Reserve rental revenue
9.38% Other
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RENT Stock 12 Months Forecast
Average Price Target
$23.00
▲(103.90% Upside)
Technical Analysis
Best Analysts Covering RENT
1 Year
1 Year Success Rate
0/12 ratings generated profit
1 Year Average Return
-54.18%
reiterated a buy rating 9 days ago
Copying Andrew Boone's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -54.18% per trade.
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