Revolve Group’s (RVLV) “Buy” Rating Reiterated at BTIG Research

BTIG Research reiterated their buy rating on shares of Revolve Group (NYSE:RVLV) in a research note issued to investors on Friday morning,Benzinga reports. BTIG Research currently has a $35.00 target price on the stock.

Several other brokerages have also recently issued reports on RVLV. Raymond James Financial set a $28.00 price target on shares of Revolve Group in a research report on Wednesday, May 6th. UBS Group boosted their price objective on shares of Revolve Group from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. KeyCorp decreased their price objective on Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Morgan Stanley set a $27.00 price objective on Revolve Group in a report on Wednesday, May 6th. Finally, Barclays lowered their target price on Revolve Group from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.08.

Revolve Group Trading Down 0.6%

NYSE:RVLV opened at $23.61 on Friday. The stock has a market cap of $1.68 billion, a P/E ratio of 23.38, a price-to-earnings-growth ratio of 2.96 and a beta of 1.60. The stock’s 50-day moving average is $23.80 and its 200-day moving average is $23.31. Revolve Group has a 1-year low of $17.35 and a 1-year high of $31.68.

Revolve Group (NYSE:RVLV) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. Revolve Group had a return on equity of 13.38% and a net margin of 5.54%.The company had revenue of $347.41 million during the quarter, compared to the consensus estimate of $341.91 million. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The firm’s revenue was up 12.5% compared to the same quarter last year. As a group, equities analysts forecast that Revolve Group will post 0.82 EPS for the current year.

Institutional Investors Weigh In On Revolve Group

Hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC acquired a new stake in shares of Revolve Group during the 4th quarter worth approximately $40,000. Quarry LP boosted its stake in Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after acquiring an additional 3,674 shares in the last quarter. CWM LLC boosted its stake in Revolve Group by 182.2% during the fourth quarter. CWM LLC now owns 6,271 shares of the company’s stock worth $189,000 after acquiring an additional 4,049 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in Revolve Group in the fourth quarter worth $216,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Revolve Group by 23.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,411 shares of the company’s stock worth $224,000 after purchasing an additional 1,412 shares during the period. 67.60% of the stock is currently owned by institutional investors.

Revolve Group Company Profile

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.