Rent The Stock Target Price and Analyst Consensus

RENT Stock  USD 11.28  1.12  9.03%   
The current analyst and expert consensus on Rent The is Buy, with only one strong buy opinion. The current projected Rent The target price consensus is 5.50 with 4 analyst opinions. The most common way Rent the Runway analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Rent The executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Rent The. We encourage you to use your own analysis of Rent the Runway to validate this buy or sell advice. Rent The buy-or-sell recommendation module provides average expert sentiment on the projected Rent the Runway target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Rent The to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
5.01
Highest Forecast
6.11
Target Price
5.5
Gross Profit is likely to gain to about 222.8 M in 2024, despite the fact that Pretax Profit Margin is likely to grow to (0.06). At this time, Rent The's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 120.8 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 32.1 M in 2024.
  
It's important to approach Rent The's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Rent The price targets

Rent The's stock target price is an estimate of its future price, usually made by analysts. Using Rent The's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Rent The's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Rent The's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Rent The Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Rent The is a key component of Rent The valuation and have some predictive power on the future returns of a Rent The.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rent The's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.5611.2833.10
Details
Intrinsic
Valuation
LowRealHigh
0.499.8131.63
Details
Naive
Forecast
LowNextHigh
0.2914.7236.54
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-8.31-6.47-4.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rent The. Your research has to be compared to or analyzed against Rent The's peers to derive any actionable benefits. When done correctly, Rent The's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rent the Runway.

Trending Themes

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When determining whether Rent the Runway is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Rent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Rent The Runway Stock. Highlighted below are key reports to facilitate an investment decision about Rent The Runway Stock:
Check out Macroaxis Advice on Rent The to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Rent The's price analysis, check to measure Rent The's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rent The is operating at the current time. Most of Rent The's value examination focuses on studying past and present price action to predict the probability of Rent The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rent The's price. Additionally, you may evaluate how the addition of Rent The to your portfolios can decrease your overall portfolio volatility.
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The data published in Rent The's official financial statements usually reflect Rent The's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Rent the Runway. For example, before you start analyzing numbers published by Rent accountants, it's critical to develop an understanding of what Rent The's liquidity, profitability, and earnings quality are in the context of the Internet & Direct Marketing Retail space in which it operates.
Please note, the presentation of Rent The's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Rent The's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Rent The's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rent the Runway. Please utilize our Beneish M Score to check the likelihood of Rent The's management manipulating its earnings.