In the latest trading session,, 0.41 million Revolve Group Inc (NYSE:RVLV) shares changed hands as the company’s beta touched 2.00. With the company’s most recent per share price at $18.87 changed hands at -$0.2 or -1.05% at last look, the market valuation stands at $1.34B. RVLV’s current price is a discount, trading about -109.75% off its 52-week high of $39.58. The share price had its 52-week low at $14.87, which suggests the last value was 21.2% up since then. When we look at Revolve Group Inc’s average trading volume, we note the 10-day average is 1.64 million shares, with the 3-month average coming to 1.39 million.
Analysts gave the Revolve Group Inc (RVLV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 1 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended RVLV as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Revolve Group Inc’s EPS for the current quarter is expected to be 0.15.
Revolve Group Inc (NYSE:RVLV) trade information
Instantly RVLV was in red as seen in intraday trades today. With action -15.87%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -43.65%, with the 5-day performance at -15.87% in the red. However, in the 30-day time frame, Revolve Group Inc (NYSE:RVLV) is -23.51% down. Looking at the short shares, we see there were 6.71 million shares sold at short interest cover period of 3.79 days.
The consensus price target for the stock as assigned by Wall Street analysts is 30.5, meaning bulls need an upside of 38.13% from its recent market value. According to analyst projections, RVLV’s forecast low is 25 with 36 as the target high. To hit the forecast high, the stock’s price needs a -90.78% plunge from its current level, while the stock would need to soar -32.49% for it to hit the projected low.
Revolve Group Inc (RVLV) estimates and forecasts
Year-over-year growth is forecast to reach 8.84% up from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 297.56M. 14 analysts are of the opinion that Revolve Group Inc’s revenue for the current quarter will be 310.63M. The company’s revenue for the corresponding quarters a year ago was 270.58M and 282.46M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.97%. The estimates for the next quarter sales put growth at 9.97%.
The 2025 estimates are for Revolve Group Inc earnings to increase by 8.45%, but the outlook for the next 5-year period is at 23.21% per year.
Revolve Group Inc (NYSE:RVLV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.67% of Revolve Group Inc shares while 115.82% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 116.61%. There are 115.82% institutions holding the Revolve Group Inc stock share, with KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 8.1567% of the shares, roughly 5.78 million RVLV shares worth $91.92 million.
FMR LLC holds the second largest percentage of outstanding shares, with 8.0938% or 5.73 million shares worth $91.21 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Virtus Equity Trust-Virtus KAR Small-Cap Growth Fund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund . With 3.01 shares estimated at $55.9 million under it, the former controlled 7.46% of total outstanding shares. On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund held about 4.75% of the shares, roughly 1.91 shares worth around $35.57 million.
