The stock of Revolve Group Inc (RVLV) has gone up by 10.83% for the week, with a 3.33% rise in the past month and a 58.40% rise in the past quarter. The volatility ratio for the week is 4.44%, and the volatility levels for the past 30 days are 4.20% for RVLV. The simple moving average for the past 20 days is 9.39% for RVLV’s stock, with a 34.78% simple moving average for the past 200 days.
Is It Worth Investing in Revolve Group Inc (NYSE: RVLV) Right Now?
Revolve Group Inc (NYSE: RVLV) has a price-to-earnings ratio of 54.90x that is above its average ratio. Additionally, the 36-month beta value for RVLV is 2.04. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
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The public float for RVLV is 37.77M and currently, short sellers hold a 24.81% ratio of that float. The average trading volume of RVLV on September 19, 2024 was 1.04M shares.
RVLV) stock’s latest price update
Revolve Group Inc (NYSE: RVLV)’s stock price has soared by 2.73 in relation to previous closing price of 24.50. Nevertheless, the company has seen a gain of 10.83% in its stock price over the last five trading days. accesswire.com reported 2024-09-16 that VANCOUVER, BC / ACCESSWIRE / September 16, 2024 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) (“Revolve” or the “Company”), a North American owner, operator and developer of renewable energy projects, is pleased to announce the proposed acquisition of the development rights to a 30MWp solar project in Alberta, Canada (the “Project”). Revolve Meadows Solar GP Inc. (the “Purchaser”), a wholly-owned Alberta subsidiary of Revolve, and the Project developer have entered into an asset transfer agreement dated September 14, 2024 (the “ATA”).
Analysts’ Opinion of RVLV
Many brokerage firms have already submitted their reports for RVLV stocks, with Piper Sandler repeating the rating for RVLV by listing it as a “Overweight.” The predicted price for RVLV in the upcoming period, according to Piper Sandler is $30 based on the research report published on August 23, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see RVLV reach a price target of $25, previously predicting the price at $23. The rating they have provided for RVLV stocks is “Outperform” according to the report published on March 21st, 2024.
Raymond James gave a rating of “Outperform” to RVLV, setting the target price at $21 in the report published on February 28th of the current year.
RVLV Trading at 21.30% 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 able to rebound, for now settling with 1.12% of gains for the given period.
Volatility was left at 4.20%, however, over the last 30 days, the volatility rate increased by 4.44%, as shares surge +4.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +62.39% upper at present.
During the last 5 trading sessions, RVLV rose by +10.83%, which changed the moving average for the period of 200-days by +88.96% in comparison to the 20-day moving average, which settled at $23.07. In addition, Revolve Group Inc saw 51.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RVLV starting from MMMK Development, Inc., who proposed sale 456 shares at the price of $25.17 back on Sep 18 ’24. After this action, MMMK Development, Inc. now owns shares of Revolve Group Inc, valued at $11,478 using the latest closing price.
Stock Fundamentals for RVLV
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.53 for the gross margin
The net margin for Revolve Group Inc stands at 0.03. The total capital return value is set at 0.06. Equity return is now at value 8.11, with 5.12 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 0.5. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is 4.3.
Currently, EBITDA for the company is 27.23 million with net debt to EBITDA at -5.97. When we switch over and look at the enterprise to sales, we see a ratio of 1.48. The receivables turnover for the company is 58.78for trailing twelve months and the total asset turnover is 1.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.65.
Conclusion
In conclusion, Revolve Group Inc (RVLV) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
