Why Revolve Group Inc. [RVLV] Stock Will Fly to $32.00 Over the Next 12 Months

Revolve Group Inc. [RVLV] stock is up 6.26 while the S&P 500 has fallen -0.17% on Friday, 12/04/20. While at the time of this article, RVLV ATR is sitting at 1.28. This stock’s volatility for the past week remained at 5.25%, while it was 6.20% for the past 30-day period. RVLV has risen $1.44 from the previous closing price of $23.01 on volume of 1.13 million shares.

On 19, November 2020, REVOLVE to Present at Upcoming Morgan Stanley and Barclays Virtual Investor Conference Events. According to news published on Yahoo Finance, Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, will present at the following virtual investor conferences in December:.

Analyst Birdseye View:

The most recent analyst activity for Revolve Group Inc. [NYSE:RVLV] stock was on October 13, 2020, when it was Upgrade with an Overweight rating from KeyBanc Capital Markets. Before that, on November 12, 2020, Credit Suisse Recapitulated an Outperform rating and elevated its amount target to $25. On September 30, 2020, Needham Initiated a Hold rating. On September 17, 2020, MKM Partners Initiated a Buy rating and increased its price target to $24. On September 03, 2020, ROTH Capital Initiated a Buy rating and increased its price target to $27. On August 13, 2020, Raymond James Upgrade a Strong buy rating and boosted its amount target on this stock to $32. On May 14, 2020, B. Riley FBR Reiterated a Buy rating and boosted its target amount on this stock from $13 to $17. On March 19, 2020, Jefferies Downgrade a Hold rating and improved its amount target to $9.

In the past 52 weeks of trading, this stock has oscillated between a low of $7.17 and a peak of $24.41. Right now, the middling Wall Street analyst 12-month amount mark is $24.00. At the most recent market close, shares of Revolve Group Inc. [NYSE:RVLV] were valued at $24.45. According to the average price forecast, investors can expect a potential return of -1.21%.

FUNDAMENTAL ANALYSIS

Revolve Group Inc. [NYSE:RVLV] most recently reported quarterly sales of 151.04 billion, which represented growth of -2.10%. This publicly-traded organization’s revenue is $596,223 per employee, while its income is -$5,108 per employee. This company’s Gross Margin is currently 51.80%, its Operating Margin is 9.40%, its Pretax Margin is +7.85, and its Net Margin is -0.86. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.57, -4.89, 45.68 and -4.89 respectively.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 22.15 points at 1st support level, the second support level is making up to 21.29. But as of 1st resistance point, this stock is sitting at 23.49 and at 23.96 for 2nd resistance point.

Revolve Group Inc. [RVLV] reported its earnings at $0.27 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.14/share signifying the difference of 0.13 and 92.90% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.2 calling estimates for $0.02/share with the difference of 0.18 depicting the surprise of 900.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Revolve Group Inc. [NYSE:RVLV] is 2.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.64. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.75, it’s amount to book ratio is 9.70 and showing 35.56 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Timmermans Jesse, CHIEF FINANCIAL OFFICER, and it was the sale of 5000.0 shares on Nov 27. Mente Michael, the CO-CHIEF EXECUTIVE OFFICER, completed a sale of 0.13 million shares on Nov 27. On Nov 25, Mente Michael, CO-CHIEF EXECUTIVE OFFICER, completed a sale of 0.22 million shares.