ThredUp Inc

Company Profile

ThredUp Inc had its IPO on 2021-03-26 under the ticker symbol TDUP.

The company operates in the Consumer Cyclical sector and Internet Retail industry. ThredUp Inc has a staff strength of 2,416 employees.

Stock update

Shares of ThredUp Inc opened at $3.46 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.38 - $3.65, and closed at $3.58.

This is a +2.87% increase from the previous day's closing price.

A total volume of 257,213 shares were traded at the close of the day’s session.

In the last one week, shares of ThredUp Inc have slipped by -13.53%.

ThredUp Inc's Key Ratios

ThredUp Inc has a market cap of $436.64 million, indicating a price to book ratio of 1.3468 and a price to sales ratio of 0.6084.

In the last 12-months ThredUp Inc’s revenue was $297.84 million with a gross profit of $192.34 million and an EBITDA of $-63602000. The EBITDA ratio measures ThredUp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, ThredUp Inc’s operating margin was -26.68% while its return on assets stood at -15.97% with a return of equity of -56.65%.

In Q2, ThredUp Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 8.2%.

ThredUp Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.82 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into ThredUp Inc’s profitability.

ThredUp Inc stock is trading at a EV to sales ratio of 0.568 and a EV to EBITDA ratio of -2.1633. Its price to sales ratio in the trailing 12-months stood at 0.6084.

ThredUp Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$276.33 million

Total Liabilities

$81.25 million

Operating Cash Flow

$10.41 million

Capital Expenditure

$6.61 million

Dividend Payout Ratio

0%

ThredUp Inc ended 2024 with $276.33 million in total assets and $0 in total liabilities. Its intangible assets were valued at $276.33 million while shareholder equity stood at $120.60 million.

ThredUp Inc ended 2024 with $0 in deferred long-term liabilities, $81.25 million in other current liabilities, 11000.00 in common stock, $-446180000.00 in retained earnings and $11.76 million in goodwill. Its cash balance stood at $51.07 million and cash and short-term investments were $76.93 million. The company’s total short-term debt was $9,664,000 while long-term debt stood at $23.93 million.

ThredUp Inc’s total current assets stands at $109.31 million while long-term investments were $0 and short-term investments were $25.86 million. Its net receivables were $3.78 million compared to accounts payable of $28.25 million and inventory worth $20.36 million.

In 2024, ThredUp Inc's operating cash flow was $10.41 million while its capital expenditure stood at $6.61 million.

Comparatively, ThredUp Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.58

52-Week High

$4.39

52-Week Low

$0.731

Analyst Target Price

$3.81

ThredUp Inc stock is currently trading at $3.58 per share. It touched a 52-week high of $4.39 and a 52-week low of $4.39. Analysts tracking the stock have a 12-month average target price of $3.81.

Its 50-day moving average was $3.39 and 200-day moving average was $2.42 The short ratio stood at 8.08 indicating a short percent outstanding of 0%.

Around 243.4% of the company’s stock are held by insiders while 8966.7% are held by institutions.