In the last trading session, 1.22 million shares of the Revolve Group Inc (NYSE:RVLV) were traded, and its beta was 2.09. Most recently the company’s share price was $20.71, and it changed around $0.76 or 3.81% from the last close, which brings the market valuation of the company to $1.48B. RVLV currently trades at a discount to its 52-week high of $39.58, offering almost -91.12% off that amount. The share price’s 52-week low was $14.87, which indicates that the current value has risen by an impressive 28.2% since then. We note from Revolve Group Inc’s average daily trading volume that its 10-day average is 2.15 million shares, with the 3-month average coming to 1.44 million.
Revolve Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 6 recommended RVLV as a Hold, whereas 6 deemed it a Buy, and 1 rated it as Underweight. Revolve Group Inc is expected to report earnings per share of 0.15 for the current quarter.
Revolve Group Inc (NYSE:RVLV) trade information
Instantly RVLV has showed a green trend with a performance of 3.81% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 22.52 on recent trading dayincreased the stock’s daily price by 8.04%. The company’s shares are currently down -38.16% year-to-date, but still up 5.50% over the last five days. On the other hand, Revolve Group Inc (NYSE:RVLV) is -7.17% down in the 30-day period. We can see from the shorts that 6.71 million shares have been sold at a short interest cover period of 4.92 day(s).
The consensus price target as assigned by Wall Street analysts is $30.5, which translates to bulls needing to increase their stock price by 32.1% from its current value. Analyst projections state that RVLV is forecast to be at a low of $25 and a high of $36.
Revolve Group Inc (RVLV) estimates and forecasts
The year-over-year growth rate is expected to be 8.72%, up from the previous year.
Consensus estimates provided by 14 financial analysts predict the company will bring in an average of 297.56M in revenue for the current quarter. 14 analysts expect Revolve Group Inc to make 310.05M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 270.58M and 282.46M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 9.97%. Forecasts for the next quarter put sales growth at 9.77%.
Revolve Group Inc earnings are expected to increase by 5.17% in 2025, but the outlook is positive 20.53% per year for the next five years.
RVLV Dividends
Revolve Group Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24.
Revolve Group Inc (NYSE:RVLV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.67% of Revolve Group Inc shares, and 116.17% of them are in the hands of institutional investors. The stock currently has a share float of 116.96%. Revolve Group Inc stock is held by 309.0 institutions, with KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 8.1567% of the shares, which is about 5.78 million shares worth $91.92 million.
FMR LLC, with 8.0938% or 5.73 million shares worth $91.21 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Virtus Equity Trust-Virtus KAR Small-Cap Growth Fund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.01 shares worth $62.28 million, making up 7.46% of all outstanding shares. On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund held roughly 1.91 shares worth around $39.62 million, which represents about 4.75% of the total shares outstanding.
