Reformation (NYSE:REF) Stock Price Target Raised at BTIG Research

Reformation (NYSE:REF) had its price objective increased by BTIG Research from $20.00 to $21.00 in a research note issued to investors on Friday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

A number of other research analysts also recently weighed in on REF. Weiss Ratings assumed coverage on Reformation in a report on Monday, October 26th. They issued a “sell (e)” rating on the stock. Wall Street Zen raised Reformation to a “hold” rating in a research report on Saturday, October 3rd. JPMorgan Chase & Co. began coverage on Reformation in a research note on Monday, August 24th. They set an “overweight” rating and a $21.00 price target for the company. Zacks Research raised shares of Reformation to a “hold” rating in a research report on Tuesday, August 25th. Finally, Telsey Advisory Group assumed coverage on shares of Reformation in a research report on Monday, August 24th. They set an “outperform” rating and a $20.00 price target for the company. Eight investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

Reformation Stock Performance

Shares of NYSE REF traded up $1.16 during midday trading on Friday, hitting $18.01. 930,877 shares of the stock traded hands, compared to its average volume of 391,807. The stock has a 50-day moving average price of $14.37. The stock has a market capitalization of $1.06 billion and a price-to-earnings ratio of -1,801.00. The company has a quick ratio of 0.96, a current ratio of 1.58 and a debt-to-equity ratio of 0.64. Reformation has a one year low of $11.85 and a one year high of $18.44.

Reformation (NYSE:REF) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). The firm had revenue of $173.57 million during the quarter, compared to analysts’ expectations of $170.48 million. The company’s quarterly revenue was up 19.1% compared to the same quarter last year. Equities analysts forecast that Reformation will post 0.17 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder Scsp Refo sold 149,596 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $13.95, for a total value of $2,086,864.20. Following the completion of the transaction, the insider owned 28,942,153 shares of the company’s stock, valued at $403,743,034.35. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Yael Aflalo sold 60,298 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $13.95, for a total value of $841,157.10. Following the sale, the director owned 11,665,505 shares of the company’s stock, valued at $162,733,794.75. This represents a 0.51% decrease in their position. The SEC filing for this sale provides additional information.

More Reformation News

Here are the key news stories impacting Reformation this week:

• Positive Sentiment: Royal Bank of Canada raised its price target to $21 from $18 and maintained an “outperform” rating. Tickerreport article
• Positive Sentiment: BTIG Research increased its target to $21 from $20 and assigned a “buy” rating, adding to the analyst support for the shares. Tickerreport article
• Positive Sentiment: Fiscal Q3 revenue rose 19.1% year over year to $173.6 million, topping estimates. Active customers grew 23%, gross margin expanded to 60.4%, and adjusted EBITDA increased 64.2% to $23.1 million. Q3 results
• Positive Sentiment: Reformation raised its fiscal 2026 net revenue growth outlook to about 20% and expects its adjusted EBITDA margin to reach the high end of its prior guidance, around 14.2%. 2026 outlook
• Negative Sentiment: Quarterly loss was $0.02 per share, missing consensus expectations for earnings of $0.02 per share. The company reported a net loss of $1.1 million. Earnings report

Reformation Company Profile

Reformation is a fashion company that designs and sells women’s clothing, footwear, accessories and related products. Its assortment includes dresses, tops, denim, knitwear, outerwear, shoes, handbags and wedding apparel, with products offered through its direct-to-consumer website and retail stores.

Founded in 2009 by Yael Aflalo, Reformation built its brand around combining contemporary style with sustainability-focused production practices. The company has emphasized the use of lower-impact materials, reuse of vintage garments and deadstock fabrics, and efforts to reduce the environmental impact of its operations and supply chain.

Reformation serves customers in the United States and internationally through its online platform and a network of retail locations.