Revolve Group, Inc. (NYSE:RVLV – Get Free Report) has received an average rating of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $29.3333.
A number of analysts recently issued reports on RVLV shares. Roth Mkm reiterated 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. BTIG Research reiterated a “buy” rating and issued a $35.00 price target on shares of Revolve Group in a report on Wednesday, May 6th. Raymond James Financial set a $28.00 price target on Revolve Group in a report on Wednesday, May 6th. KeyCorp lowered their price target on Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Barclays lowered their price target on Revolve Group from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th.
Read Our Latest Analysis on RVLV
Revolve Group Stock Performance
Revolve Group (NYSE:RVLV – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $342.88 million for the quarter, compared to analysts’ expectations of $328.84 million. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 earnings per share. As a group, analysts predict that Revolve Group will post 0.86 earnings per share for the current fiscal year.
Insider Activity
In related news, CEO Michael Mente sold 15,640 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total value of $406,640.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 135,213 shares of company stock valued at $3,555,075 in the last ninety days. 42.67% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Revolve Group
A number of large investors have recently bought and sold shares of RVLV. Kestra Advisory Services LLC bought a new position in Revolve Group in the fourth quarter worth approximately $40,000. Quarry LP raised its stake in Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after buying an additional 3,674 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Revolve Group in the third quarter worth approximately $125,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in Revolve Group by 50.0% in the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock worth $136,000 after buying an additional 1,500 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Revolve Group in the second quarter worth approximately $159,000. Institutional investors own 67.60% of the company’s stock.
About Revolve Group
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.
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