Revolve Group (NYSE:RVLV) Upgraded at Wall Street Zen

Revolve Group (NYSE:RVLV) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other equities research analysts have also weighed in on RVLV. BTIG Research reaffirmed a “buy” rating and set a $35.00 price target on shares of Revolve Group in a report on Wednesday, May 6th. Piper Sandler cut their price objective on shares of Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. UBS Group decreased their price objective on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Raymond James Financial set a $28.00 target price on Revolve Group in a research note on Wednesday, May 6th. Finally, Barclays dropped their target price on Revolve Group from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.33.

Revolve Group Stock Performance

Revolve Group stock opened at $23.75 on Friday. The firm has a market capitalization of $1.70 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 2.46 and a beta of 1.67. Revolve Group has a one year low of $17.35 and a one year high of $31.68. The stock’s 50 day moving average price is $21.52 and its 200 day moving average price is $24.82.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. The company had revenue of $342.88 million during the quarter, compared to the consensus estimate of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. Revolve Group’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter last year, the company earned $0.16 earnings per share. On average, analysts forecast that Revolve Group will post 0.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Revolve Group news, CEO Michael Mente sold 60,923 shares of the firm’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $26.43, for a total transaction of $1,610,194.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 135,213 shares of company stock worth $3,555,075. Corporate insiders own 42.67% of the company’s stock.

Hedge Funds Weigh In On Revolve Group

A number of hedge funds have recently bought and sold shares of RVLV. Kestra Advisory Services LLC bought a new stake in Revolve Group in the fourth quarter valued at about $40,000. Quarry LP lifted its holdings in Revolve Group by 6,932.1% during the 3rd quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after buying an additional 3,674 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in Revolve Group by 50.0% during the 4th 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 during the last quarter. CWM LLC grew its position in shares of Revolve Group by 182.2% in the 4th 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. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Revolve Group in the 4th quarter valued at approximately $216,000. 67.60% of the stock is currently owned by institutional investors and hedge funds.

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.