Revolve Group, Inc. (NYSE:RVLV) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Revolve Group, Inc. (NYSE:RVLVGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $29.50.

A number of analysts have recently commented on the company. Zacks Research lowered Revolve Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a report on Tuesday, April 21st. Morgan Stanley set a $28.00 price target on Revolve Group in a report on Wednesday, February 25th. Roth Mkm restated a “buy” rating and issued a $33.00 price target (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Finally, Wall Street Zen upgraded Revolve Group from a “hold” rating to a “buy” rating in a report on Sunday, April 19th.

Read Our Latest Stock Report on RVLV

Revolve Group Stock Down 0.1%

Shares of NYSE:RVLV opened at $23.45 on Wednesday. Revolve Group has a 12 month low of $16.80 and a 12 month high of $31.68. The company’s fifty day simple moving average is $24.34 and its 200 day simple moving average is $25.57. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 2.35 and a beta of 1.76.

Revolve Group (NYSE:RVLVGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. The business had revenue of $342.88 million for the quarter, compared to analyst estimates of $328.84 million. During the same period last year, the business posted $0.16 earnings per share. The firm’s quarterly revenue was up 15.6% on a year-over-year basis. Research analysts expect that Revolve Group will post 0.87 earnings per share for the current fiscal year.

Insider Transactions at Revolve Group

In related news, CEO Michael Karanikolas sold 1,948 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $25.93, for a total transaction of $50,511.64. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Michael Mente sold 15,640 shares of the company’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total value of $406,640.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 152,806 shares of company stock worth $4,014,390. Corporate insiders own 42.67% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Tudor Investment Corp ET AL raised its stake in Revolve Group by 197.1% in the third quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company’s stock valued at $9,275,000 after buying an additional 288,868 shares during the period. Landscape Capital Management L.L.C. raised its stake in Revolve Group by 126.6% in the third quarter. Landscape Capital Management L.L.C. now owns 240,622 shares of the company’s stock valued at $5,125,000 after buying an additional 134,451 shares during the period. Divisadero Street Capital Management LP bought a new stake in Revolve Group in the third quarter valued at approximately $5,110,000. Algert Global LLC raised its stake in Revolve Group by 23.9% in the third quarter. Algert Global LLC now owns 676,936 shares of the company’s stock valued at $14,419,000 after buying an additional 130,455 shares during the period. Finally, New York State Common Retirement Fund raised its stake in Revolve Group by 24.6% in the third quarter. New York State Common Retirement Fund now owns 205,265 shares of the company’s stock valued at $4,372,000 after buying an additional 40,562 shares during the period. Institutional investors own 67.60% of the company’s stock.

About Revolve Group

(Get Free Report)

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.

Read More

Analyst Recommendations for Revolve Group (NYSE:RVLV)

Receive News & Ratings for Revolve Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revolve Group and related companies with MarketBeat.com's FREE daily email newsletter.