Rent the Runway/RENT

$11.73

-5.4%
-
1D1W1MYTD1YMAX

About Rent the Runway

Rent the Runway, Inc. is engaged in providing shared designer closet platform. It gives customers access to its unlimited closet through its subscription offering (subscription) or the ability to rent a-la-carte through its reserve offering (reserve). It also gives its subscribers and customers the ability to buy its products through its resale offering. Its Closet in the Cloud offers an assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. It has built a two-sided discovery engine, which connects customers and differentiated brand partners on a platform built around its brand, data, logistics and technology. Through its platform, it has helped approximately three million lifetime customers discover the transformative of utilizing its Closet in the Cloud across all its offerings. It has approximately 141,205 active subscribers.

Ticker

RENT

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Apparel/Accessories

CEO

Jennifer Hyman

Employees

938

Headquarters

Brooklyn, United States

Rent the Runway Metrics

BasicAdvanced
$54.06M
Market cap
-
P/E ratio
-$33.18
EPS
-
Beta
-
Dividend rate
$54.06M
$64.10
$4.46
1.25M
2.125
-2.14%
-36.83%
-44.69%
0.181
0.61%
23.26%
23.71%

What the Analysts think about Rent the Runway

Analyst Ratings

Majority rating from 3 analysts.
Buy

Price Targets

Average projection from 3 analysts.
96.08% upside
High $28.00
Low $20.00
$11.73
Current price
$23.00
Average price target

Rent the Runway Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-32.71% profit margin
QuarterlyAnnual
Q4 24
QoQ growth
Revenue
$75.8M
4.55%
Net income
$-24.8M
-21.27%
Profit margin
-32.71%
-24.7%

Rent the Runway Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 7.45%
QuarterlyAnnual
Q1 24
Q2 24
Q3 24
Q4 24
Q1 25
Actual
-$9.20
-$8.00
-$9.00
-$7.02
-
Expected
-$9.83
-$8.51
-$8.55
-$6.53
-$6.47
Surprise
-6.36%
-6.01%
5.26%
7.45%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Rent the Runway stock?

Rent the Runway (RENT) has a market cap of $54.06M as of April 19, 2024.

What is the P/E ratio for Rent the Runway stock?

The price to earnings (P/E) ratio for Rent the Runway (RENT) stock is 0 as of April 19, 2024.

Does Rent the Runway stock pay dividends?

No, Rent the Runway (RENT) stock does not pay dividends to its shareholders as of April 19, 2024.

When is the next Rent the Runway dividend payment date?

Rent the Runway (RENT) stock does not pay dividends to its shareholders.

What is the beta indicator for Rent the Runway?

Rent the Runway (RENT) does not currently have a Beta indicator.

What is the Rent the Runway stock price target?

The target price for Rent the Runway (RENT) stock is $23, which is 103.9% above the current price of $11.28. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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