Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Revolve Group Inc (NYSE: RVLV) was $21.66 for the day, down -0.09% from the previous closing price of $21.68. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 1.11 million shares were traded. RVLV stock price reached its highest trading level at $22.17 during the session, while it also had its lowest trading level at $21.06.
Ratios:
Our analysis of RVLV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.55. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on March 21, 2024, Upgraded its rating to Outperform and sets its target price to $25 from $23 previously.
On February 28, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $21.
Piper Sandler Upgraded its Neutral to Overweight on January 17, 2024, whereas the target price for the stock was revised from $16 to $21.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RVLV now has a Market Capitalization of 1535323520 and an Enterprise Value of 1303133824. As of this moment, Revolve’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.31, and their Forward P/E ratio for the next fiscal year is 32.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 3.93. Its current Enterprise Value per Revenue stands at 1.23 whereas that against EBITDA is 52.705.
Stock Price History:
Over the past 52 weeks, RVLV has reached a high of $23.19, while it has fallen to a 52-week low of $12.25. The 50-Day Moving Average of the stock is 6.64%, while the 200-Day Moving Average is calculated to be 31.85%.
Shares Statistics:
RVLV traded an average of 1.15M shares per day over the past three months and 1088350 shares per day over the past ten days. A total of 38.69M shares are outstanding, with a floating share count of 38.00M. Insiders hold about 46.34% of the company’s shares, while institutions hold 67.10% stake in the company. Shares short for RVLV as of 1713139200 were 8262122 with a Short Ratio of 7.19, compared to 1710460800 on 8465732. Therefore, it implies a Short% of Shares Outstanding of 8262122 and a Short% of Float of 72.260004.
