Rent the Runway's Skyrocketed by 150%Rent the Runway (NASDAQ: NASDAQ:RENT ) has recently seen its stock price soar by over 150%, fueled by positive earnings and narrowed losses. However, behind the impressive surge lie significant risks that investors should carefully consider.
Encouraging Financials:
Rent the Runway's ( NASDAQ:RENT
−34.23USD
−138.70 MUSD
296.40 MUSD
1.50 M
About Rent the Runway, Inc.
Sector
Industry
CEO
Jennifer Y. Hyman
Website
Headquarters
Brooklyn
Employees (FY)
880
Founded
2008
ISIN
US76010Y2028
FIGI
BBG001J049S2
Rent the Runway, Inc. provides online ready-to-wear and contemporary designer apparel services. It rents designer dresses, gowns, and accessories for women. Its online platform enables women to search and book dresses and accessories for rental for various occasions, including parties, vacations, weddings, dates, and birthdays and also sells intimates, fashion solutions, lingerie, shape wear, tights, beauty products, jewelry, and shoes online. The company was founded by Jennifer Y. Hyman and Jennifer Carter Fleiss in November 2008 and is headquartered in Brooklyn, NY.
Rent The Runway? Possible run? So im not big on Hims, rent the runway etc. Anything that rents clothes shoe's or prepackages items for you and mails them out just seems like a data collecting company and then will be sold but this one has the insiders buying and getting closer and closer to the profit zone. got my eye on this one
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Frequently Asked Questions
The current price of RENT is 12.35 USD — it has increased by 9.49% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Rent the Runway, Inc. stocks are traded under the ticker RENT.
Rent the Runway, Inc. is going to release the next earnings report on Jun 6, 2024. Keep track of upcoming events with our Earnings Calendar.
RENT stock is 20.55% volatile and has beta coefficient of −1.44. Check out the list of the most volatile stocks — is Rent the Runway, Inc. there?
One year price forecast for Rent the Runway, Inc. has a max estimate of 28.00 USD and a min estimate of 20.00 USD.
RENT earnings for the last quarter are −9.00 USD per share, whereas the estimation was −8.45 USD resulting in a −6.51% surprise. The estimated earnings for the next quarter are −5.35 USD per share. See more details about Rent the Runway, Inc. earnings.
Rent the Runway, Inc. revenue for the last quarter amounts to 72.50 M USD despite the estimated figure of 73.04 M USD. In the next quarter revenue is expected to reach 74.46 M USD.
Yes, you can track Rent the Runway, Inc. financials in yearly and quarterly reports right on TradingView.
RENT stock has fallen by 34.06% compared to the previous week, the month change is a 82.15% rise, over the last year Rent the Runway, Inc. has showed a 79.62% decrease.
RENT net income for the last quarter is −31.50 M USD, while the quarter before that showed −26.80 M USD of net income which accounts for −17.54% change. Track more Rent the Runway, Inc. financial stats to get the full picture.
Today Rent the Runway, Inc. has the market capitalization of 39.99 M, it has decreased by 17.50% over the last week.
No, RENT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, RENT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Rent the Runway, Inc. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 880.00 employees. See our rating of the largest employees — is Rent the Runway, Inc. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Rent the Runway, Inc. technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Rent the Runway, Inc. stock shows the sell signal. See more of Rent the Runway, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Rent the Runway, Inc. future price: according to them, RENT price has a max estimate of 28.00 USD and a min estimate of 20.00 USD. Read a more detailed Rent the Runway, Inc. forecast: see what analysts think of Rent the Runway, Inc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Rent the Runway, Inc. EBITDA is 24.30 M USD, and current EBITDA margin is 5.16%. See more stats in Rent the Runway, Inc. financial statements.