REF
Neutral signalScored 2026-10-20 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.
Research, not advice.
À propos
Reformation Inc. (California)
- Nom
- Reformation Inc. (California)
- Secteur
- Consumer Cyclical
- Industrie
- Apparel - Footwear & Accessories
- Bourse
- NYSE
- Capitalisation
- $938.2M
- Employés
- 1,353
- PDG
- Hali Borenstein
- Site web
- http://www.thereformation.com
- Marché
- —
Reformation, Inc. operates as a clothing brand company. It is engaged in sustainable womenswear. Its products include dresses, jeans, tops, sweaters, shoes, and accessories. The company was founded in 2009 and is headquartered in New York, NY.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
ACHAT TOTAL: 203700 titres (~3055500 USD)
- Insiders
- Allen ZipporahCoyle John JosephKleine Brigitte
- Total bought
-
$3,055,500
Avg buy (VWAP, 90d window) $15.00 vs last close $15.85 (+5.7%)
- Total sold
-
$43,758,290
Avg sell (VWAP, 90d window) $13.95 vs last close $15.85 (+13.6%)
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- 2026-07-31
- Liquidity
- Thin $6,427,412/day · 20d vol
- Last synced
-
2026-10-26 21:10:54
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-01 | Refo SCSp | Sell · S | 149,596 | $13.95 | $2,086,864 | Form 4 |
| 2026-07-31 | Allen Zipporah | Buy · P | 3,500 | $15.00 | $52,500 | Form 4 |
| 2026-07-31 | Coyle John Joseph | Buy · P | 200,000 | $15.00 | $3,000,000 | Form 4 |
| 2026-07-31 | Kleine Brigitte | Buy · P | 200 | $15.00 | $3,000 | Form 4 |
| 2026-07-31 | Refo SCSp | Sell · S | 2,987,199 | $13.95 | $41,671,426 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-10-20 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.
The 0-100 score behind this signal and the full written analysis are part of Plus. See plans.
Neutral signal
Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Sale value outweighs purchases
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Timing Supports a bullish reading. Interesting trend — weekly bias up
- Financial indicators Supports a bullish reading. Current ratio 1.52 · operating margin 5.7%
Suggested stop 14.91, nearest stored support minus 0.5 ATR(5.9% under the last close). Reward/risk to the next stored resistance is 0.49. Wait — that reward/risk is under 2. Research, not advice. Not an order.
Recent news
- 2026-10-13 Reformation Inc. (NYSE:REF) Stock Has Average Target Price of $19.25 According to Brokerages Reformation Inc. (NYSE: REF - Get Free Report) has received a consensus rating of "Moderate Buy" from the ten brokerages that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokers
- 2026-10-07 Cedar Grove Capital Q3 2026 Portfolio Update During the quarter, we closed our long positions in MTY Food Group, uniQure, ClearPoint Neuro, and Suja Life Inc. During the quarter, we closed short positions in Bending Spoons SpA, Chipotle Mexican Grill, The Ensign Group, Gemini Space Station, Jersey Mike''s Subs, Moderna, Reformation, Once Upon a Farm, and X-Energy Inc. We initiated a small tracking position in Zedcor Inc. while continuing our due diligence.
- 2026-09-24 Reformation (NYSE:REF) Shares Gap Down – Here’s What Happened Reformation Inc. (NYSE: REF - Get Free Report)''s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $14.63, but opened at $13.46. Reformation shares last traded at $13.61, with a volume of 12,199 shares. Analyst Ratings Changes A number of brokerages recently weighed in on REF. Citigroup began
- 2026-09-12 Reformation Q2 Earnings Call Highlights Reformation (NYSE: REF) reported second-quarter 2026 revenue and profitability above the high end of the company''s estimates provided at the time of its initial public offering, as growth in active customers, direct-to-consumer sales, wholesale and international markets supported results. In its first earnings call as a public company, Reformation said net revenue increased 24.1% year over
- 2026-09-10 Reformation Inc. (REF) Q2 2026 Earnings Call Transcript Reformation Inc. (REF) Q2 2026 Earnings Call Transcript
- 2026-09-10 Reformation Q2 Earnings Call Highlights Reformation NYSE: REF reported second-quarter 2026 revenue and profitability above the high end of the company''s estimates provided at the time of its initial public offering, as growth in active customers, direct-to-consumer sales, wholesale and international markets supported results.
- 2026-09-10 Reformation Announces Second Quarter Fiscal 2026 Results Net Revenue increased 24.1%Net Income grew 79.4%Adjusted EBITDA Margin expanded 320 basis points to 16.4% LOS ANGELES, Sept. 10, 2026 /PRNewswire/ -- Reformation Inc. (NYSE: REF) (the "Company"), the sustainable women''s fashion brand, today announced its financial results for the second quarter ended June 27, 2026.
- 2026-08-27 Reformation to Announce Second Quarter Fiscal 2026 Results on September 10, 2026 LOS ANGELES, Aug. 27, 2026 /PRNewswire/ -- Reformation Inc. (NYSE:REF), the sustainable women''s fashion brand, today announced that its financial results for the second quarter ended June 27, 2026, will be released after the market close on September 10, 2026. In addition, the Company will discuss its results and business outlook during a live conference call and webcast at 5:00 p.m.
- 2026-08-01 U.S. IPO Weekly Recap: Jersey Mike''s And Reformation Underwhelm Six IPOs and two SPACs priced this week. One IPO and one SPAC submitted filings. Four IPOs are currently scheduled for the week ahead, featuring three biotechs and a California bank.
- 2026-07-31 Reformation stock closes 8 cents above IPO price in muted market debut Shares of Reformation Inc. opened flat on Thursday after making their public debut on the New York Stock Exchange (NYSE).
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-27 | 2024-12-28 | 2023-12-30 |
|---|---|---|---|---|
| Gross Profit Margin | 60.2% | 64.5% | 64.1% | |
| Ebit Margin | 6.2% | 12.9% | 10.8% | |
| Ebitda Margin | 8.8% | 15.2% | 13.1% | |
| Operating Profit Margin | 5.7% | 12.0% | 10.5% | |
| Pretax Profit Margin | 3.3% | 10.4% | 10.8% | |
| Continuous Operations Profit Margin | 2.5% | 7.5% | 6.6% | |
| Net Profit Margin | 2.5% | 7.5% | 6.6% | |
| Bottom Line Profit Margin | 2.5% | 7.5% | 6.6% | |
| Current Ratio | 1.516 | 2.011 | 0.000 | |
| Quick Ratio | 0.945 | 1.375 | 0.000 | |
| Solvency Ratio | 0.052 | 0.096 | 0.000 | |
| Cash Ratio | 0.617 | 1.073 | 0.000 | |
| Price To Earnings Ratio | 59.393 | 24.657 | 39.017 | |
| Price To Earnings Growth Ratio | -1.016 | 0.423 | 0.000 | |
| Forward Price To Earnings Growth Ratio | -1.016 | 0.423 | 0.000 | |
| Price To Earnings Diluted Ratio | 61.176 | 25.037 | 39.169 | |
| Price To Earnings Diluted Growth Ratio | -1.036 | 0.444 | 0.000 | |
| Price To Book Ratio | 1.703 | 1.903 | 0.000 | |
| Price To Sales Ratio | 1.480 | 1.853 | 2.593 | |
| Price To Free Cash Flow Ratio | -42.005 | 44.821 | 38.650 | |
| Price To Operating Cash Flow Ratio | 28.150 | 18.344 | 24.653 | |
| Debt To Assets Ratio | 0.362 | 0.352 | 0.000 | |
| Debt To Equity Ratio | 0.770 | 0.721 | 0.000 | |
| Debt To Capital Ratio | 0.435 | 0.419 | 0.000 | |
| Long Term Debt To Capital Ratio | 0.251 | 0.267 | 0.000 | |
| Financial Leverage Ratio | 2.128 | 2.048 | 0.000 | |
| Working Capital Turnover Ratio | 7.383 | 0.000 | 0.000 | |
| Operating Cash Flow Ratio | 0.251 | 0.542 | 0.000 | |
| Operating Cash Flow Sales Ratio | 0.053 | 0.101 | 0.105 | |
| Free Cash Flow Operating Cash Flow Ratio | -0.670 | 0.409 | 0.638 | |
| Debt Service Coverage Ratio | 1.769 | 3.387 | 0.000 | |
| Interest Coverage Ratio | 1.977 | 4.915 | 0.000 | |
| Short Term Operating Cash Flow Coverage Ratio | 3.233 | 8.585 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.079 | 0.144 | 0.000 | |
| Capital Expenditure Coverage Ratio | 0.599 | 1.693 | 2.761 | |
| Dividend Paid And Capex Coverage Ratio | 0.599 | 1.693 | 2.761 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 22.974 | 15.522 | 0.000 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 60.2% | ▼-4.3% | ▼-2.7% |
| Ebit Margin | 6.2% | ▼-6.7% | ▼-3.8% |
| Ebitda Margin | 8.8% | ▼-6.4% | ▼-3.6% |
| Operating Profit Margin | 5.7% | ▼-6.3% | ▼-3.7% |
| Pretax Profit Margin | 3.3% | ▼-7.1% | ▼-4.9% |
| Continuous Operations Profit Margin | 2.5% | ▼-5.0% | ▼-3.1% |
| Net Profit Margin | 2.5% | ▼-5.0% | ▼-3.1% |
| Bottom Line Profit Margin | 2.5% | ▼-5.0% | ▼-3.1% |
| Current Ratio | 1.516 | ▼-0.495 | ▲0.340 |
| Quick Ratio | 0.945 | ▼-0.431 | ▲0.171 |
| Solvency Ratio | 0.052 | ▼-0.044 | ▲0.003 |
| Cash Ratio | 0.617 | ▼-0.456 | ▲0.054 |
| Price To Earnings Ratio | 59.394 | ▲34.737 | ▲18.371 |
| Price To Earnings Growth Ratio | -1.016 | ▼-1.439 | ▼-0.818 |
| Forward Price To Earnings Growth Ratio | -1.016 | ▼-1.439 | ▼-0.818 |
| Price To Earnings Diluted Ratio | 61.176 | ▲36.139 | ▲19.382 |
| Price To Earnings Diluted Growth Ratio | -1.036 | ▼-1.479 | ▼-0.838 |
| Price To Book Ratio | 1.703 | ▼-0.200 | ▲0.501 |
| Price To Sales Ratio | 1.480 | ▼-0.373 | ▼-0.495 |
| Price To Free Cash Flow Ratio | -42.005 | ▼-86.826 | ▼-55.827 |
| Price To Operating Cash Flow Ratio | 28.150 | ▲9.806 | ▲4.434 |
| Debt To Assets Ratio | 0.362 | ▲0.010 | ▲0.124 |
| Debt To Equity Ratio | 0.770 | ▲0.049 | ▲0.273 |
| Debt To Capital Ratio | 0.435 | ▲0.016 | ▲0.150 |
| Long Term Debt To Capital Ratio | 0.251 | ▼-0.015 | ▲0.079 |
| Financial Leverage Ratio | 2.128 | ▲0.080 | ▲0.736 |
| Working Capital Turnover Ratio | 7.383 | ▲7.383 | ▲4.922 |
| Operating Cash Flow Ratio | 0.251 | ▼-0.290 | ▼-0.013 |
| Operating Cash Flow Sales Ratio | 0.053 | ▼-0.048 | ▼-0.034 |
| Free Cash Flow Operating Cash Flow Ratio | -0.670 | ▼-1.079 | ▼-0.796 |
| Debt Service Coverage Ratio | 1.770 | ▼-1.617 | ▲0.051 |
| Interest Coverage Ratio | 1.977 | ▼-2.938 | ▼-0.320 |
| Short Term Operating Cash Flow Coverage Ratio | 3.233 | ▼-5.352 | ▼-0.707 |
| Operating Cash Flow Coverage Ratio | 0.079 | ▼-0.065 | ▲0.004 |
| Capital Expenditure Coverage Ratio | 0.599 | ▼-1.094 | ▼-1.085 |
| Dividend Paid And Capex Coverage Ratio | 0.599 | ▼-1.094 | ▼-1.085 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 22.974 | ▲7.452 | ▲10.142 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Market cap | $750.7M | $812.0M | $932.1M | |
| Enterprise value | $1.02B | $1.03B | $0 | |
| EV / Sales | 2.02x | 2.35x | 0.00x | |
| EV / Op. cash flow | 38.42x | 23.32x | 0.00x | |
| EV / Free cash flow | -57.34x | 56.97x | 0.00x | |
| EV / EBITDA | 22.97x | 15.52x | 0.00x | |
| Net debt / EBITDA | 6.14x | 3.31x | 0.00x | |
| Current ratio | 1.52x | 2.01x | 0.00x | |
| Income quality | 2.11x | 1.34x | 1.58x | |
| Graham number | $7 | $10 | $0 | |
| Graham net-net | -$8 | -$6 | $0 | |
| Tax burden | 75.0% | 72.1% | 61.6% | |
| Interest burden | 53.6% | 81.0% | 100.0% | |
| Working capital | $54.8M | $82.6M | $0 | |
| Invested capital | $825.7M | $787.9M | $0 | |
| Return on assets | 1.3% | 3.8% | 0.0% | |
| Operating ROA | 3.2% | 0.0% | 0.0% | |
| Return on tangible assets | 3.0% | 9.3% | 0.0% | |
| Return on equity | 2.9% | 7.7% | 0.0% | |
| Return on invested capital | 2.5% | 4.7% | 0.0% | |
| Return on capital employed | 3.5% | 6.6% | 0.0% | |
| Earnings yield | 1.7% | 4.1% | 2.6% | |
| Free cash flow yield | -2.4% | 2.2% | 2.6% | |
| Capex / Op. cash flow | 167.0% | 59.1% | 36.2% | |
| Capex / Depreciation | 338.1% | 258.9% | 161.5% | |
| Capex / Sales | 8.8% | 6.0% | 3.8% | |
| SG&A / Sales | 54.6% | 52.5% | 53.6% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.2% | 0.3% | 0.5% | |
| Intangibles / Total assets | 55.4% | 59.6% | 0.0% | |
| Days sales outstanding | 13d | 10d | 0d | |
| Days payables outstanding | 14d | 12d | 0d | |
| Operating cycle | 123d | 132d | 0d | |
| Cash conversion cycle | 109d | 120d | 0d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Valuation
Market cap ▼-7.5%EV / Sales ▼-14.2%EV / EBITDA ▲+48.0%EV / Op. cash flow ▲+15.108Earnings yield ▼-0.024Graham number ▼-3.330
Profitability
Return on equity ▼-0.049Return on assets ▼-0.024Return on invested capital ▼-0.022Return on capital employed ▼-0.032Operating ROA n/aIncome quality ▲+0.766Tax burden ▲+0.029
Efficiency
Days sales outstanding ▲+3.015Days payables outstanding ▲+2.268Operating cycle ▼-9.026Cash conversion cycle ▼-11.294Capex / Sales ▲+0.028R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.495Net debt / EBITDA ▲+2.833Working capital ▼-27828000.000Invested capital ▲+37801000.000Intangibles / Total assets ▼-0.042
Change over 5 years
Valuation
Market cap ▼-19.5%EV / Sales n/aEV / EBITDA n/aEV / Op. cash flow n/aEarnings yield ▼-0.009Graham number n/a
Profitability
Return on equity n/aReturn on assets n/aReturn on invested capital n/aReturn on capital employed n/aOperating ROA n/aIncome quality ▲+0.527Tax burden ▲+0.133
Efficiency
Days sales outstanding n/aDays payables outstanding n/aOperating cycle n/aCash conversion cycle n/aCapex / Sales ▲+0.050R&D / Sales n/a
Balance-sheet strength
Current ratio n/aNet debt / EBITDA n/aWorking capital n/aInvested capital n/aIntangibles / Total assets n/a
Employee count
No employee-count data synced.