Rent the Runway, Inc. (RENT)

NASDAQ: RENT · IEX Real-Time Price · USD
0.406
-0.004 (-1.07%)
At close: Feb 29, 2024, 4:00 PM
0.400
-0.006 (-1.48%)
After-hours: Feb 29, 2024, 4:57 PM EST

Total Valuation

RENT has a market cap or net worth of $29.10 million. The enterprise value is $263.00 million.

Market Cap 29.10M
Enterprise Value 263.00M

Important Dates

The next estimated earnings date is Wednesday, April 10, 2024, after market close.

Earnings Date Apr 10, 2024
Ex-Dividend Date n/a

Share Statistics

RENT has 70.91 million shares outstanding. The number of shares has increased by 7.40% in one year.

Shares Outstanding 70.91M
Shares Change (YoY) +7.40%
Shares Change (QoQ) +2.50%
Owned by Insiders (%) 18.83%
Owned by Institutions (%) 62.98%
Float 39.78M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.10
Forward PS 0.09
PB Ratio n/a
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.88
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.85

Current Ratio 1.85
Quick Ratio n/a
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -2.12

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -35.90%
Return on Capital (ROIC) -31.76%
Revenue Per Employee $338,409
Profits Per Employee -$130,227
Employee Count 880
Asset Turnover 0.93
Inventory Turnover n/a

Taxes

Income Tax -400,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -88.35% in the last 52 weeks. The beta is 1.05, so RENT's price volatility has been similar to the market average.

Beta (1Y) 1.05
52-Week Price Change -88.35%
50-Day Moving Average 0.55
200-Day Moving Average 1.12
Relative Strength Index (RSI) 32.73
Average Volume (30 Days) 1,076,580

Short Selling Information

The latest short interest is 6.70 million, so 9.45% of the outstanding shares have been sold short.

Short Interest 6.70M
Short Previous Month 6.95M
Short % of Shares Out 9.45%
Short % of Float 16.85%
Short Ratio (days to cover) 11.52

Income Statement

In the last 12 months, RENT had revenue of $297.80 million and -$114.60 million in losses. Loss per share was -$1.71.

Revenue 297.80M
Gross Profit 211.70M
Operating Income -78.50M
Pretax Income -115.00M
Net Income -114.60M
EBITDA -21.10M
EBIT -78.10M
Loss Per Share -$1.71
Full Income Statement

Balance Sheet

The company has $115.90 million in cash and $349.80 million in debt, giving a net cash position of -$233.90 million or -$3.30 per share.

Cash & Cash Equivalents 115.90M
Total Debt 349.80M
Net Cash -233.90M
Net Cash Per Share -$3.30
Equity / Book Value -102.60M
Book Value Per Share -1.45
Working Capital 55.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$16.00 million and capital expenditures -$53.40 million, giving a free cash flow of -$69.40 million.

Operating Cash Flow -16.00M
Capital Expenditures -53.40M
Free Cash Flow -69.40M
FCF Per Share -$1.00
Full Cash Flow Statement

Margins

Gross margin is 71.09%, with operating and profit margins of -26.36% and -38.48%.

Gross Margin 71.09%
Operating Margin -26.36%
Pretax Margin -38.62%
Profit Margin -38.48%
EBITDA Margin -7.09%
EBIT Margin -26.23%
FCF Margin -23.30%

Dividends & Yields

RENT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -7.40%
Shareholder Yield -7.40%
Earnings Yield -393.79%
FCF Yield -238.47%

Analyst Forecast

The average price target for RENT is $1.91, which is 370.44% higher than the current price. The consensus rating is "Buy".

Price Target $1.91
Price Target Difference 370.44%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

RENT has an Altman Z-Score of -4.25 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -4.25
Piotroski F-Score 3