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

Shares of Revolve Group, Inc. (NYSE:RVLV) have earned an average recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $29.3333.

A number of brokerages have weighed in on RVLV. 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. Morgan Stanley set a $27.00 price target on Revolve Group in a research note on Wednesday, May 6th. Piper Sandler reduced their price target on Revolve Group from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Barclays reduced 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Revolve Group in a research report on Tuesday, April 21st.

Insider Buying and Selling at Revolve Group

In other news, CEO Michael Mente sold 60,923 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was 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 SEC, which is available at the SEC website. Over the last three months, insiders sold 119,241 shares of company stock worth $3,141,400. Corporate insiders own 42.67% of the company’s stock.

Hedge Funds Weigh In On Revolve Group

A number of large investors have recently added to or reduced their stakes in the stock. Panagora Asset Management Inc. lifted its holdings in shares of Revolve Group by 2.0% in the 4th quarter. Panagora Asset Management Inc. now owns 20,284 shares of the company’s stock worth $612,000 after acquiring an additional 404 shares during the last quarter. Madison Asset Management LLC raised its position in Revolve Group by 0.4% in the fourth quarter. Madison Asset Management LLC now owns 129,686 shares of the company’s stock valued at $3,915,000 after purchasing an additional 486 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Revolve Group by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock worth $489,000 after buying an additional 964 shares during the period. Alliancebernstein L.P. boosted its position in shares of Revolve Group by 2.7% during the third quarter. Alliancebernstein L.P. now owns 38,600 shares of the company’s stock worth $822,000 after buying an additional 1,000 shares during the period. Finally, Man Group plc grew its stake in shares of Revolve Group by 0.6% in the fourth quarter. Man Group plc now owns 167,677 shares of the company’s stock valued at $5,062,000 after buying an additional 1,064 shares in the last quarter. 67.60% of the stock is currently owned by institutional investors and hedge funds.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $24.90 on Monday. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 27.97, a PEG ratio of 2.70 and a beta of 1.61. Revolve Group has a 12 month low of $17.35 and a 12 month high of $31.68. The firm’s 50 day simple moving average is $21.05 and its 200-day simple moving average is $24.23.

Revolve Group (NYSE:RVLV) last posted its earnings results 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. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The firm had revenue of $342.88 million during the quarter, compared to analysts’ expectations of $328.84 million. During the same period in the previous year, the business posted $0.16 EPS. The business’s revenue was up 15.6% compared to the same quarter last year. Analysts anticipate that Revolve Group will post 0.85 earnings per share for the current fiscal year.

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.