Q3 EPS Estimates for Torrid Lowered by Telsey Advisory Group

Torrid Holdings Inc. (NYSE:CURV) – Equities research analysts at Telsey Advisory Group cut their Q3 2026 earnings estimates for Torrid in a note issued to investors on Friday, September 5th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.05. Telsey Advisory Group has a “Market Perform” rating and a $3.00 price target 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 Q4 2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.02 EPS and FY2027 earnings at $0.17 EPS.

Torrid (NYSE:CURV) last issued its quarterly earnings results on Thursday, September 4th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). Torrid had a negative return on equity of 1.72% and a net margin of 0.30%.The firm had revenue of $262.81 million during the quarter, compared to analysts’ expectations of $259.38 million. During the same quarter in the prior year, the firm earned $0.08 EPS. Torrid has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Other research analysts have also recently issued reports about the company. Wall Street Zen cut Torrid from a “hold” rating to a “sell” rating in a research report on Saturday. BTIG Research reaffirmed a “neutral” rating on shares of Torrid in a research report on Friday, September 5th. Bank of America lowered their price objective on Torrid from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Finally, The Goldman Sachs Group lowered their price objective on Torrid from $2.25 to $1.75 and set a “sell” rating for the company in a research report on Monday. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $3.69.

Torrid Stock Performance

NYSE:CURV opened at $1.89 on Monday. The stock has a 50-day simple moving average of $2.44 and a 200-day simple moving average of $4.33. The stock has a market cap of $198.49 million, a P/E ratio of 47.26, a P/E/G ratio of 1.67 and a beta of 1.56. Torrid has a 1 year low of $1.62 and a 1 year high of $7.20.

Insider Activity

In other news, major shareholder Fund 1 Investments, Llc sold 250,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $2.74, for a total value of $685,000.00. Following the completion of the sale, the insider directly owned 9,814,856 shares of the company’s stock, valued at approximately $26,892,705.44. This represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Lisa M. Harper sold 350,000 shares of the stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $3.32, for a total value of $1,162,000.00. Following the completion of the sale, the chief executive officer directly owned 5,266,453 shares of the company’s stock, valued at $17,484,623.96. The trade was a 6.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 16,538,741 shares of company stock valued at $54,611,499. Insiders own 9.77% of the company’s stock.

Institutional Investors Weigh In On Torrid

Large investors have recently modified their holdings of the company. Wells Fargo & Company MN raised its stake in Torrid by 150.7% during the 4th quarter. Wells Fargo & Company MN now owns 9,447 shares of the company’s stock valued at $49,000 after acquiring an additional 5,678 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Torrid by 55.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,189 shares of the company’s stock valued at $59,000 after acquiring an additional 4,013 shares during the last quarter. Deutsche Bank AG purchased a new stake in Torrid during the 1st quarter valued at approximately $68,000. Two Sigma Advisers LP purchased a new stake in Torrid during the 4th quarter valued at approximately $80,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in Torrid during the 1st quarter valued at approximately $95,000. 81.82% of the stock is owned by institutional investors and hedge funds.

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.