Revolve Group Inc (RVLV) Shares Rise Despite Market Challenges

The stock of Revolve Group Inc (NYSE: RVLV) has increased by 3.54 when compared to last closing price of 20.61. Despite this, the company has experienced a 2.45% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-02-28 that Revolve is showing signs of making a recovery. Gross margin improved in the fourth quarter and is expected to increase further in 2024.

Is It Worth Investing in Revolve Group Inc (NYSE: RVLV) Right Now?

Revolve Group Inc (NYSE: RVLV) has a higher price-to-earnings ratio of 56.07x compared to its average ratio, The 36-month beta value for RVLV is at 2.18. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for RVLV is 37.98M, and currently, shorts hold a 28.06% of that float. The average trading volume for RVLV on March 21, 2024 was 1.15M shares.

RVLV’s Market Performance

RVLV’s stock has seen a 2.45% increase for the week, with a 32.14% rise in the past month and a 14.67% gain in the past quarter. The volatility ratio for the week is 3.84%, and the volatility levels for the past 30 days are at 5.03% for Revolve Group Inc The simple moving average for the last 20 days is 5.11% for RVLV stock, with a simple moving average of 33.95% for the last 200 days.

Analysts’ Opinion of RVLV

Raymond James, on the other hand, stated in their research note that they expect to see RVLV reach a price target of $21. The rating they have provided for RVLV stocks is “Outperform” according to the report published on February 28th, 2024.

Piper Sandler gave a rating of “Overweight” to RVLV, setting the target price at $21 in the report published on January 17th of the current year.

RVLV Trading at 22.84% from the 50-Day Moving Average

After a stumble in the market that brought RVLV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.25% of loss for the given period.

Volatility was left at 5.03%, however, over the last 30 days, the volatility rate increased by 3.84%, as shares surge +32.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.27% upper at present.

During the last 5 trading sessions, RVLV rose by +3.41%, which changed the moving average for the period of 200-days by +34.63% in comparison to the 20-day moving average, which settled at $20.57. In addition, Revolve Group Inc saw 28.71% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for RVLV

Current profitability levels for the company are sitting at:

  • 0.02 for the present operating margin
  • 0.52 for the gross margin

The net margin for Revolve Group Inc stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 7.36, with 4.61 for asset returns.

Based on Revolve Group Inc (RVLV), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 1.06. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -3.36.

Currently, EBITDA for the company is 27.23 million with net debt to EBITDA at -7.87. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The receivables turnover for the company is 76.17for trailing twelve months and the total asset turnover is 1.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.79.

Conclusion

In conclusion, Revolve Group Inc (RVLV) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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