Rent The Stock Target Price and Analyst Consensus

RENT Stock  USD 11.73  1.74  17.42%   
The current analyst and expert consensus on Rent The is Strong Buy, with only one strong buy opinion. The current projected Rent The target price consensus is 5.50 with 2 analyst opinions. 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.
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 projected price volatility of 6.6623.
Lowest Forecast
5.01
Highest Forecast
6.11
Target Price
5.5
At this time, Rent The's Gross Profit is comparatively stable compared to the past year. Gross Profit Margin is likely to gain to 0.65 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.
Hype
Prediction
LowEstimatedHigh
5.0811.7418.40
Details
Intrinsic
Valuation
LowRealHigh
1.027.6814.34
Details
Naive
Forecast
LowNextHigh
5.0911.7518.41
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-4.96-4.46-3.95
Details

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Additional Tools for Rent Stock Analysis

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.