After finishing at $20.59 in the prior trading day, Revolve Group Inc (NYSE: RVLV) closed at $19.72, down -4.23%. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 839160 shares were traded.
Ratios:
Our goal is to gain a better understanding of RVLV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.67. 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 1.46B and an Enterprise Value of 1.25B. As of this moment, Revolve’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.81, and their Forward P/E ratio for the next fiscal year is 29.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 1.17 whereas that against EBITDA is 46.03.
Stock Price History:
Over the past 52 weeks, RVLV has reached a high of $26.76, while it has fallen to a 52-week low of $12.25. The 50-Day Moving Average of the stock is 17.70, while the 200-Day Moving Average is calculated to be 15.99.
Shares Statistics:
The stock has traded on average 1.15M shares per day over the past 3-months and 868.94k shares per day over the last 10 days, according to various share statistics. A total of 38.69M shares are outstanding, with a floating share count of 37.98M. Insiders hold about 46.35% of the company’s shares, while institutions hold 68.05% stake in the company. Shares short for RVLV as of Feb 29, 2024 were 10.66M with a Short Ratio of 9.23, compared to 10.29M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 15.05% and a Short% of Float of 51.79%.
Earnings Estimates
Its stock is currently analyzed by 17 different market analysts. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.14 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 18 analysts recommending between $0.85 and $0.49.
Revenue Estimates
16 analysts predict $271.91M in revenue for the current 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 $279.61M, an estimated decrease of -2.80% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $279.78M, an increase of 2.20% over than the figure of -$2.80% in the same quarter last year. There is a high estimate of $292.38M for the next quarter, whereas the lowest estimate is $269.9M.
A total of 18 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 $1.07B, up 2.70% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $1.2B in the next fiscal year. The high estimate is $1.34B and the low estimate is $1.1B. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.
