Revolve Group Inc (RVLV) stock poised to deliver a potential return of 202.57%

At the time of writing, Revolve Group Inc [RVLV] stock is trading at $19.06, up 1.65%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RVLV shares have lost -0.73% over the last week, with a monthly amount drifted -8.59%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Revolve Group Inc [NYSE: RVLV] stock has seen the most recent analyst activity on March 21, 2024, when TD Cowen upgraded its rating to a Outperform and also boosted its price target to $25 from $23. Previously, Raymond James upgraded its rating to Outperform on February 28, 2024, and kept the price target unchanged to $21. On January 17, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $21 on the stock. Goldman started tracking the stock assigning a Sell rating and suggested a price target of $12 on January 10, 2024. Robert W. Baird downgraded its rating to a Neutral but $17 remained the price target by the analyst firm on January 04, 2024. Jefferies downgraded its rating to Hold for this stock on January 04, 2024, but kept the price target unchanged to $17. In a note dated November 07, 2023, Evercore ISI initiated an In-line rating and provided a target price of $14 on this stock.

For the past year, the stock price of Revolve Group Inc fluctuated between $12.25 and $23.90. Currently, Wall Street analysts expect the stock to reach $57.67 within the next 12 months. Revolve Group Inc [NYSE: RVLV] shares were valued at $19.06 at the most recent close of the market. An investor can expect a potential return of 202.57% based on the average RVLV price forecast.

Analyzing the RVLV fundamentals

According to Revolve Group Inc [NYSE:RVLV], the company’s sales were 1.07B for trailing twelve months, which represents an -0.53% plunge. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.85 points at the first support level, and at 18.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.27, and for the 2nd resistance point, it is at 19.48.

Ratios To Look Out For

It is important to note that Revolve Group Inc [NYSE:RVLV] has a current ratio of 2.79. Also, the Quick Ratio is 1.66, while the Cash Ratio stands at 1.29. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 3.53 and price to earnings (TTM) ratio is 50.08.

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