Revolve Group Inc (RVLV) concluded trading on Wednesday at a closing price of $21.35, with 5.85 million shares of worth about $124.91 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 46.94% during that period and on on Wednesday the price saw a gain of about 22.07%. Currently the company’s common shares owned by public are about 72.15M shares, out of which, 39.33M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 2 times over the past 12 months. They bought 613 shares in 1 of the transactions. In 1 selling transactions, insiders dumped 270 shares.
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Stock saw a price change of 32.20% in past 5 days and over the past one month there was a price change of 38.28%. Year-to-date (YTD), RVLV shares are showing a performance of 28.77% which decreased to -18.91% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.25 but also hit the highest price of $28.72 during that period. The average intraday trading volume for Revolve Group Inc shares is 1.15 million. The stock is currently trading 33.15% above its 20-day simple moving average (SMA20), while that difference is up 32.96% for SMA50 and it goes to 37.16% higher than SMA200.
Revolve Group Inc (NYSE: RVLV) currently have 72.15M outstanding shares and institutions hold larger chunk of about 66.61% of that.
The stock has a current market capitalization of $1.54B and its 3Y-monthly beta is at 2.10. PE ratio of stock for trailing 12 months is 56.10, while it has posted earnings per share of $0.38 in the same period. It has Quick Ratio of 1.71 while making debt-to-equity ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RVLV, volatility over the week remained 5.38% while standing at 4.67% over the month.
Stock’s fiscal year EPS is expected to rise by 22.64% while it is estimated to increase by 44.83% in next year. EPS is likely to shrink at an annualized rate of -1.10% for next 5-years, compared to annual growth of 5.68% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on Feb-29-24 offering an Outperform rating for the stock and assigned a target price of $21 to it. Coverage by Piper Sandler stated Revolve Group Inc (RVLV) stock as an Overweight in their note to investors on January 17, 2024, suggesting a price target of $21 for the stock. On January 10, 2024, Goldman Initiated their recommendations, while on January 04, 2024, Robert W. Baird Downgrade their ratings for the stock with a price target of $17. Stock get a Hold rating from Jefferies on January 04, 2024.
