Revolve Group Inc (NYSE: RVLV) is 15.80% higher on its value in year-to-date trading and has touched a low of $12.25 and a high of $24.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RVLV stock was last observed hovering at around $20.99 in the last trading session, with the day’s loss setting it -1.79%.
Currently trading at $19.20, the stock is -6.35% and 2.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.96 million and changing -8.53% at the moment leaves the stock 18.52% off its SMA200. RVLV registered -20.00% loss for a year compared to 6-month gain of 31.78%. The firm has a 50-day simple moving average (SMA 50) of $1.08 and a 200-day simple moving average (SMA200) of $42.41.
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The stock witnessed a -10.36% loss in the last 1 month and extending the period to 3 months gives it a 26.82%, and is -2.24% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.60% over the week and 4.27% over the month.
Revolve Group Inc (RVLV) has around 1478 employees, a market worth around $1.36B and $1.07B in sales. Current P/E ratio is 50.45 and Fwd P/E is 28.89. Profit margin for the company is 2.63%. Distance from 52-week low is 56.73% and -22.17% from its 52-week high. The company has generated returns on investments over the last 12 months (6.71%).
Revolve Group Inc quarterly earnings per share for the current quarter are estimated at $0.08 with sales reaching $271.78M over the same period.The EPS is expected to grow by 22.58% this year, but quarterly earnings will post 2.70% year-over-year. Quarterly sales are estimated to shrink -2.80% in year-over-year returns.
274 institutions hold shares in Revolve Group Inc (RVLV), with institutional investors hold 127.79% of the company’s shares. The shares outstanding are 38.69M, and float is at 37.97M with Short Float at 21.81%. Institutions hold 126.98% of the Float.
The top institutional shareholder in the company is Kayne Anderson Rudnick Investment Management LLC with over 7.08 million shares valued at $116.04 million. The investor’s holdings represent 17.31% of the RVLV Shares outstanding. As of Jun 29, 2023, the second largest holder is FMR, LLC with 6.12 million shares valued at $100.37 million to account for 14.97% of the shares outstanding. The other top investors are William Blair Investment Management, LLC which holds 5.57 million shares representing 13.63% and valued at over $91.37 million, while Blackrock Inc. holds 10.36% of the shares totaling 4.24 million with a market value of $69.46 million.
