While Revolve Group Inc has underperformed by -1.86%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RVLV rose by 94.84%, with highs and lows ranging from $26.72 to $12.42, whereas the simple moving average jumped by 25.95% in the last 200 days.
On August 23, 2024, Piper Sandler started tracking Revolve Group Inc (NYSE: RVLV) recommending Overweight. A report published by TD Cowen on March 21, 2024, Upgraded its rating to ‘Outperform’ for RVLV. Raymond James also Upgraded RVLV shares as ‘Outperform’, setting a target price of $21 on the company’s shares in a report dated February 28, 2024. Piper Sandler January 17, 2024d the rating to Overweight on January 17, 2024, and set its price target from $16 to $21. Goldman initiated its ‘Sell’ rating for RVLV, as published in its report on January 10, 2024. Robert W. Baird’s report from January 04, 2024 suggests a price prediction of $17 for RVLV shares, giving the stock a ‘Neutral’ rating. Jefferies also rated the stock as ‘Hold’.
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Analysis of Revolve Group Inc (RVLV)
Further, the quarter-over-quarter increase in sales is 3.19%, showing a positive 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 8.11% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.49, 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 951.41K. On a monthly basis, the volatility of the stock is set at 3.65%, whereas on a weekly basis, it is put at 4.40%, with a gain of 1.36% over the past seven days. Furthermore, long-term investors anticipate a median target price of $23.36, showing decline from the present price of $25.31, 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 55.20, there is a growth in quarterly earnings of 117.95%.
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 46.52%. 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 69.87% 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 69.87% at present.
