Revolve Group Inc (NYSE: RVLV)’s stock price has gone rise by 2.03 in comparison to its previous close of 20.73, however, the company has experienced a 6.23% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that The headline numbers for Revolve Group (RVLV) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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 55.57x compared to its average ratio. RVLV has 36-month beta value of 2.16. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RVLV is 38.00M, and currently, short sellers hold a 21.74% ratio of that float. The average trading volume of RVLV on May 08, 2024 was 1.11M shares.
RVLV’s Market Performance
The stock of Revolve Group Inc (RVLV) has seen a 6.23% increase in the past week, with a 6.12% rise in the past month, and a 40.16% gain in the past quarter. The volatility ratio for the week is 4.43%, and the volatility levels for the past 30 days are at 4.02% for RVLV.. The simple moving average for the past 20 days is 8.13% for RVLV’s stock, with a 28.91% simple moving average for the past 200 days.
Analysts’ Opinion of RVLV
Many brokerage firms have already submitted their reports for RVLV stocks, with TD Cowen repeating the rating for RVLV by listing it as a “Outperform.” The predicted price for RVLV in the upcoming period, according to TD Cowen is $25 based on the research report published on March 21, 2024 of the current year 2024.
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 5.00% 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 -8.80% of loss for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 4.43%, as shares surge +0.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.63% upper at present.
During the last 5 trading sessions, RVLV rose by +6.23%, which changed the moving average for the period of 200-days by +10.16% in comparison to the 20-day moving average, which settled at $19.57. In addition, Revolve Group Inc saw 27.56% 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
- 0.53 for the gross margin
The net margin for Revolve Group Inc stands at 0.02. 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 0.8. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is 2.92.
Currently, EBITDA for the company is 27.23 million with net debt to EBITDA at -10.63. When we switch over and look at the enterprise to sales, we see a ratio of 1.19. The receivables turnover for the company is 70.98for trailing twelve months and the total asset turnover is 1.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.79.
Conclusion
To put it simply, Revolve Group Inc (RVLV) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
