While Revolve Group Inc has underperformed by -5.12%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RVLV fell by -21.85%, with highs and lows ranging from $26.45 to $12.25, whereas the simple moving average jumped by 24.52% in the last 200 days.
On March 21, 2024, TD Cowen Upgraded Revolve Group Inc (NYSE: RVLV) to Outperform. A report published by Raymond James on February 28, 2024, Upgraded its rating to ‘Outperform’ for RVLV. Piper Sandler also Upgraded RVLV shares as ‘Overweight’, setting a target price of $21 on the company’s shares in a report dated January 17, 2024. Goldman Initiated an Sell rating on January 10, 2024, and assigned a price target of $12. Robert W. Baird January 04, 2024d its ‘Outperform’ rating to ‘Neutral’ for RVLV, as published in its report on January 04, 2024. Jefferies’s report from January 04, 2024 suggests a price prediction of $17 for RVLV shares, giving the stock a ‘Hold’ rating. Evercore ISI also rated the stock as ‘In-line’.
Analysis of Revolve Group Inc (RVLV)
Further, the quarter-over-quarter decrease in sales is -0.53%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Revolve Group Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 7.36% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.66, 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and RVLV is recording an average volume of 1.15M. On a monthly basis, the volatility of the stock is set at 4.73%, whereas on a weekly basis, it is put at 3.70%, with a gain of 1.57% over the past seven days. Furthermore, long-term investors anticipate a median target price of $18.30, showing decline from the present price of $20.03, 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?
A leading company in the Internet Retail sector, Revolve Group Inc (RVLV) is based in the USA. 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 52.63, there is a growth in quarterly earnings of -54.30%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 46.35%. 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 68.15% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RVLV shares are owned by institutional investors to the tune of 68.15% at present.
