Market Insight: Revolve Group Inc (RVLV)’s Notable Gain, Closing at 19.59

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In the latest session, Revolve Group Inc (NYSE: RVLV) closed at $19.59 up 2.24% from its previous closing price of $19.16. In other words, the price has increased by $2.24 from its previous closing price. On the day, 0.86 million shares were traded. RVLV stock price reached its highest trading level at $19.98 during the session, while it also had its lowest trading level at $19.06.

Ratios:

For a deeper understanding of Revolve Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 2.79. 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 1386866176 and an Enterprise Value of 1151963776. As of this moment, Revolve’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.47, and their Forward P/E ratio for the next fiscal year is 29.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 1.078 whereas that against EBITDA is 41.847.

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 0.39%, while the 200-Day Moving Average is calculated to be 19.97%.

Shares Statistics:

For the past three months, RVLV has traded an average of 1.11M shares per day and 1011170 over the past ten days. A total of 38.69M shares are outstanding, with a floating share count of 37.97M. Insiders hold about 46.36% of the company’s shares, while institutions hold 67.84% stake in the company. Shares short for RVLV as of 1711584000 were 8281532 with a Short Ratio of 7.48, compared to 1709164800 on 10655732. Therefore, it implies a Short% of Shares Outstanding of 8281532 and a Short% of Float of 40.25.

Earnings Estimates

Current recommendations for the stock of the company come from 18.0 analysts. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.04, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.13, with high estimates of $0.19 and low estimates of $0.07.

Analysts are recommending an EPS of between $0.56 and $0.34 for the fiscal current year, implying an average EPS of $0.46. EPS for the following year is $0.66, with 19.0 analysts recommending between $0.85 and $0.49.

Revenue Estimates

A total of 17 analysts believe the company’s revenue will be $271.58M this quarter.It ranges from a high estimate of $276.81M to a low estimate of $266M. As of the current estimate, Revolve Group Inc’s year-ago sales were $279.61MFor the next quarter, 17 analysts are estimating revenue of $280.03M. There is a high estimate of $292.38M for the next quarter, whereas the lowest estimate is $269.9M.

A total of 19 analysts have provided revenue estimates for RVLV’s current fiscal year. The highest revenue estimate was $1.14B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.1B. In the same quarter a year ago, actual revenue was $1.07BBased on 19 analysts’ estimates, the company’s revenue will be $1.19B in the next fiscal year. The high estimate is $1.34B and the low estimate is $1.1B.

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