Revolve Group (NYSE:RVLV) Stock Rating Lowered by Wall Street Zen

Revolve Group (NYSE:RVLV) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Several other equities research analysts have also recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a report on Friday, July 17th. Raymond James Financial set a $28.00 target price on Revolve Group in a research note on Wednesday, May 6th. KeyCorp reduced their target price on Revolve Group from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Morgan Stanley set a $27.00 target price on Revolve Group in a research report on Wednesday, May 6th. Finally, Piper Sandler decreased their price target on Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Revolve Group has a consensus rating of “Moderate Buy” and a consensus target price of $29.33.

Revolve Group Stock Performance

Shares of RVLV opened at $24.98 on Friday. Revolve Group has a 1 year low of $17.35 and a 1 year high of $31.68. The company’s 50 day simple moving average is $21.73 and its 200 day simple moving average is $24.09. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 2.64 and a beta of 1.61.

Revolve Group (NYSE:RVLV) last released its earnings results on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. The firm had revenue of $342.88 million during the quarter, compared to analysts’ expectations 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 period in the previous year, the company earned $0.16 EPS. Equities analysts expect that Revolve Group will post 0.85 EPS for the current fiscal year.

Insiders Place Their Bets

In other Revolve Group news, CEO Michael Mente sold 60,923 shares of the stock in a transaction that occurred 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 transaction was disclosed in a filing with the SEC, which is available at this link. Insiders have sold a total of 119,241 shares of company stock worth $3,141,400 over the last quarter. Company insiders own 42.67% of the company’s stock.

Institutional Trading of Revolve Group

Institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC raised its position in shares of Revolve Group by 94.7% in the 1st quarter. AQR Capital Management LLC now owns 24,242 shares of the company’s stock worth $521,000 after buying an additional 11,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Revolve Group by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock valued at $489,000 after acquiring an additional 964 shares during the last quarter. Caxton Associates LLP purchased a new stake in Revolve Group during the first quarter valued at about $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Revolve Group by 10.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,066 shares of the company’s stock valued at $2,344,000 after acquiring an additional 10,146 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Revolve Group by 13.0% during the second quarter. JPMorgan Chase & Co. now owns 41,501 shares of the company’s stock valued at $832,000 after acquiring an additional 4,781 shares during the period. 67.60% of the stock is currently owned by institutional investors and hedge funds.

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.