Rent the Runway Inc

Company Profile

Rent the Runway Inc had its IPO on 2021-10-27 under the ticker symbol RENT.

The company operates in the Consumer Cyclical sector and Apparel Retail industry. Rent the Runway Inc has a staff strength of 880 employees.

Stock update

Shares of Rent the Runway Inc opened at $0.92 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.88 - $0.96, and closed at $0.89.

This is a -6% slip from the previous day's closing price.

A total volume of 1,104,055 shares were traded at the close of the day’s session.

In the last one week, shares of Rent the Runway Inc have slipped by -37.55%.

Rent the Runway Inc's Key Ratios

Rent the Runway Inc has a market cap of $96.27 million, indicating a price to book ratio of 12.3028 and a price to sales ratio of 0.7093.

In the last 12-months Rent the Runway Inc’s revenue was $303.50 million with a gross profit of $141.40 million and an EBITDA of $-21800000. The EBITDA ratio measures Rent the Runway Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rent the Runway Inc’s operating margin was -25.57% while its return on assets stood at -13.05% with a return of equity of -774.86%.

In Q1.3333333333333, Rent the Runway Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 10.6%.

Rent the Runway Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.98 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 Rent the Runway Inc’s profitability.

Rent the Runway Inc stock is trading at a EV to sales ratio of 1.0854 and a EV to EBITDA ratio of -41.2581. Its price to sales ratio in the trailing 12-months stood at 0.7093.

Rent the Runway 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

$304.40 million

Total Liabilities

$53.20 million

Operating Cash Flow

$0

Capital Expenditure

$23 million

Dividend Payout Ratio

0%

Rent the Runway Inc ended 2024 with $304.40 million in total assets and $0 in total liabilities. Its intangible assets were valued at $304.40 million while shareholder equity stood at $-76000000.00.

Rent the Runway Inc ended 2024 with $0 in deferred long-term liabilities, $53.20 million in other current liabilities, 100000.00 in common stock, $-996800000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $123.70 million and cash and short-term investments were $123.70 million. The company’s total short-term debt was $4,600,000 while long-term debt stood at $290.60 million.

Rent the Runway Inc’s total current assets stands at $137.50 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $10.20 million and inventory worth $0.

In 2024, Rent the Runway Inc's operating cash flow was $0 while its capital expenditure stood at $23 million.

Comparatively, Rent the Runway Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.89

52-Week High

$4.82

52-Week Low

$0.86

Analyst Target Price

$5.5

Rent the Runway Inc stock is currently trading at $0.89 per share. It touched a 52-week high of $4.82 and a 52-week low of $4.82. Analysts tracking the stock have a 12-month average target price of $5.5.

Its 50-day moving average was $1.59 and 200-day moving average was $2.55 The short ratio stood at 11.08 indicating a short percent outstanding of 0%.

Around 814.6% of the company’s stock are held by insiders while 7805.4% are held by institutions.