Shares of Revolve Group, Inc. (NYSE:RVLV – Get Free Report) have received an average recommendation of “Moderate Buy” from the fourteen research firms that are currently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $29.3333.
A number of analysts have weighed in on the company. Piper Sandler lowered their price target on Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Roth Mkm restated a “buy” rating and set a $33.00 target price (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Zacks Research cut Revolve Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Robert W. Baird set a $28.00 target price on Revolve Group in a report on Wednesday, May 6th. Finally, Barclays decreased their target price on Revolve Group from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th.
Read Our Latest Analysis on RVLV
Revolve Group Price Performance
Revolve Group (NYSE:RVLV – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The firm had revenue of $342.88 million for the quarter, compared to analysts’ expectations of $328.84 million. During the same period in the prior year, the business posted $0.16 earnings per share. The business’s revenue was up 15.6% compared to the same quarter last year. Research analysts expect that Revolve Group will post 0.86 EPS for the current fiscal year.
Insider Activity at Revolve Group
In other news, CEO Michael Mente sold 15,640 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total transaction of $406,640.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold a total of 135,213 shares of company stock worth $3,555,075 in the last quarter. 42.67% of the stock is currently owned by corporate insiders.
Institutional Trading of Revolve Group
Several large investors have recently made changes to their positions in the business. Segall Bryant & Hamill LLC grew its holdings in shares of Revolve Group by 63.0% during the first quarter. Segall Bryant & Hamill LLC now owns 513,621 shares of the company’s stock worth $11,613,000 after purchasing an additional 198,448 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Revolve Group by 48.2% during the first quarter. Bank of America Corp DE now owns 624,985 shares of the company’s stock worth $14,131,000 after purchasing an additional 203,216 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Revolve Group by 51.3% during the first quarter. California State Teachers Retirement System now owns 57,682 shares of the company’s stock worth $1,304,000 after purchasing an additional 19,546 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Revolve Group by 7.8% during the first quarter. Royal Bank of Canada now owns 26,400 shares of the company’s stock worth $597,000 after purchasing an additional 1,904 shares during the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of Revolve Group by 194.0% during the first quarter. Quantinno Capital Management LP now owns 37,447 shares of the company’s stock worth $847,000 after purchasing an additional 24,709 shares during the last quarter. Institutional investors own 67.60% of the company’s stock.
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.
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