In Tuesday’s session, Revolve Group Inc. (NYSE:RVLV) marked $18.87 per share, down from $19.72 in the previous session. While Revolve Group Inc. has underperformed by -4.31%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RVLV fell by -33.37%, with highs and lows ranging from $32.59 to $14.95, whereas the simple moving average fell by -15.67% in the last 200 days.
On May 22, 2023, TD Cowen Downgraded Revolve Group Inc. (NYSE: RVLV) to Market Perform.
Analysis of Revolve Group Inc. (RVLV)
Further, the quarter-over-quarter decrease in sales is -1.40%, showing a negative trend in the upcoming months.
Revolve Group Inc.’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 13.40% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.90, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and RVLV has an average volume of 1.44M. On a monthly basis, the volatility of the stock is set at 4.55%, whereas on a weekly basis, it is put at 4.17%, with a loss of -0.89% over the past seven days. Furthermore, long-term investors anticipate a median target price of $22.38, showing growth from the present price of $18.87, which can serve as yet another indication of whether RVLV is worth investing in or should be passed over.
How Do You Analyze Revolve Group Inc. Shares?
Internet Retail giant Revolve Group Inc. (RVLV) is based in the USA and is one of the largest companies in the market. When comparing Revolve Group Inc. shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 27.91, there is a growth in quarterly earnings of -36.50%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.63%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 128.86% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in RVLV shares?
The recent increase in stakes in RVLV appears to be a result of several institutional investors and hedge funds increasing their positions. Kayne Anderson Rudnick Investment’s position in RVLV has increased by 0.05% in the first quarter. The company now owns 6,533,106 shares of the stock, with a value of $107.14 million, following the purchase of 3,047 additional shares during the last quarter. Fidelity Management & Research Co made another increased to its shares in RVLV during the first quarter, upping its stake by 0.07%. During the last quarter, the company picked up 4,428 additional shares for a total stake of worth $100.29 million, bringing number of shares owned by the company to 6,115,091.
During the first quarter, William Blair Investment Manageme added a 847,990 position in RVLV. The Vanguard Group, Inc. purchased an additional 0.13 million shares in the last quarter, increasing its holdings by 3.42%, now holding 3.79 million shares worth $62.21 million. At the end of the first quarter, Fisher Asset Management LLC decreased its RVLV holdings by -4.26% and now holds 2.53 million RVLV shares valued at $41.42 million with the lessened -0.11 million shares during the period. RVLV shares are owned by institutional investors to the tune of 128.86% at present.