Shares of Consumer Cyclical sector company Rent the Runway moved -4.7% today, and are now trading at a price of $3.05. The small-cap stock's daily volume was 1,499,932 compared to its average volume of 2,563,233. The S&P 500 index returned a -0.3% performance.
Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company is based in Brooklyn and has 958 full time employees. Its market capitalization is $198,319,536.
10 analysts are following Rent the Runway and have set target prices ranging from $3 to $10 per share. On average, they have given the company a rating of buy. At today's prices, RENT is trading -47.86% away from its average analyst target price of $5.85 per share.
Over the last year, RENT shares have gone down by -63.7%, which represents a difference of -43.7% when compared to the S&P 500. The stock's 52 week high is $8.51 per share and its 52 week low is $1.1. Rent the Runway has averaged free cash flows of $-134,666,666.7 over the last four years, but they have been increasing at a rate of 35.2%. Although the overall picture is improving, more cautious investors will probably continue to avoid this stock until the business becomes firmly cash positive.
Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
---|---|---|---|---|
2022-01-31 | -42 | -41 | -83 | 31.36 |
2021-01-31 | -43 | -79 | -122 | 38.98 |
2020-01-31 | -38 | -162 | -199 | n/a |