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Saturday, June 3, 2023

What Are The Chances Of Revolve Group Inc. (NYSE: RVLV) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Revolve Group Inc. (RVLV) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.06%, to $16.72. The Revolve Group Inc. has recorded 15,176 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Revolve Group, Inc. to Present at Upcoming Needham, TD Cowen and William Blair Investor Conferences.

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Stocks Info

As a NYSE listed company, RVLV falls under the Consumer Cyclical sector while operating within the Internet Retail industry segment. At the end of the last regular session, the stock closed at $16.71 and fluctuated between $16.80 as its day high and $15.55 as its day low. The current market capitalization of Revolve Group Inc. is $1.28B. A total of 1.25 million shares were traded on the day, compared to an average of 1.34M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, RVLV has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 613 and the disposition of 270 shares. Over the last 12 months, there were 4 BUYs and 1 SELLs from insiders. Insiders purchased 10,633 shares during that period but sold 270.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RVLV in the last 3 months, the mean price target is $22.69 with high estimates of $30.00 and low estimates of $17.00. In terms of 52-week highs and lows, RVLV has a high of $33.67 and a low of $16.16.

As of this writing, RVLV has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.14 per share and a lower estimate of $0.06. The company reported an EPS of $0.11 in the last quarter, which was 10.00% higher than expectations of $0.1.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. RVLV’s latest balance sheet shows that the firm has $218.46M in Cash & Short Term Investments as of fiscal 2021. There were $6.94M in debt and $160.22M in liabilities at the time. Its Book Value Per Share was $5.40, while its Total Shareholder’s Equity was $317.01M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RVLV is Buy with a score of 3.82.

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