Investment Analysts’ Weekly Ratings Changes for Revolve Group (RVLV)

Revolve Group (NYSE: RVLV) has recently received a number of price target changes and ratings updates:

  • 5/6/2022 – Revolve Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Revolve Group, Inc. is an e-commerce fashion company. It markets and sells men’s and women’s designer apparels, shoes and accessories. The company offers jackets, pants, shorts, skirts, sweaters, tops, shoes and jewelry products. Revolve Group, Inc. is based in CA, United States. “
  • 5/4/2022 – Revolve Group had its price target lowered by analysts at BMO Capital Markets from $47.00 to $35.00.
  • 5/4/2022 – Revolve Group had its price target lowered by analysts at Cowen Inc from $65.00 to $52.00.
  • 5/4/2022 – Revolve Group had its price target lowered by analysts at Wedbush from $68.00 to $59.00.
  • 5/4/2022 – Revolve Group had its price target lowered by analysts at Raymond James from $73.00 to $62.00.
  • 5/4/2022 – Revolve Group had its price target lowered by analysts at Credit Suisse Group AG from $74.00 to $58.00.
  • 5/4/2022 – Revolve Group had its price target lowered by analysts at Robert W. Baird from $70.00 to $65.00.
  • 4/28/2022 – Revolve Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $53.00 price target on the stock. According to Zacks, “Revolve Group, Inc. is an e-commerce fashion company. It markets and sells men’s and women’s designer apparels, shoes and accessories. The company offers jackets, pants, shorts, skirts, sweaters, tops, shoes and jewelry products. Revolve Group, Inc. is based in CA, United States. “
  • 4/27/2022 – Revolve Group had its “outperform” rating reaffirmed by analysts at William Blair.
  • 3/17/2022 – Revolve Group is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $60.00 price target on the stock.

Revolve Group stock traded down $2.20 on Wednesday, reaching $29.42. The company’s stock had a trading volume of 47,685 shares, compared to its average volume of 1,269,571. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.39. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 2.07 and a beta of 2.32. The business’s fifty day moving average price is $48.44 and its 200 day moving average price is $57.17. Revolve Group, Inc. has a twelve month low of $30.40 and a twelve month high of $89.60.

Revolve Group (NYSE:RVLVGet Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.03. Revolve Group had a return on equity of 33.24% and a net margin of 10.06%. The business had revenue of $283.50 million for the quarter, compared to analyst estimates of $256.78 million. During the same quarter in the prior year, the firm posted $0.30 earnings per share. The firm’s revenue for the quarter was up 58.5% compared to the same quarter last year. As a group, equities analysts forecast that Revolve Group, Inc. will post 1.25 earnings per share for the current year.

In related news, CEO Michael Mente sold 78,916 shares of the stock in a transaction dated Friday, March 18th. The stock was sold at an average price of $52.37, for a total transaction of $4,132,830.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Mmmk Development, Inc. sold 33,202 shares of the stock in a transaction dated Wednesday, April 6th. The stock was sold at an average price of $52.19, for a total value of $1,732,812.38. The disclosure for this sale can be found here. Insiders sold 359,785 shares of company stock valued at $19,149,373 over the last 90 days. Corporate insiders own 51.12% of the company’s stock.

Several large investors have recently bought and sold shares of RVLV. Raymond James Financial Services Advisors Inc. lifted its position in shares of Revolve Group by 28.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 86,801 shares of the company’s stock valued at $4,660,000 after buying an additional 18,987 shares during the last quarter. Raymond James & Associates lifted its position in shares of Revolve Group by 24.5% in the first quarter. Raymond James & Associates now owns 57,413 shares of the company’s stock valued at $3,083,000 after buying an additional 11,313 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Revolve Group by 16.7% in the first quarter. JPMorgan Chase & Co. now owns 28,143 shares of the company’s stock valued at $1,511,000 after buying an additional 4,017 shares during the last quarter. ProShare Advisors LLC lifted its position in shares of Revolve Group by 9.4% in the first quarter. ProShare Advisors LLC now owns 215,755 shares of the company’s stock valued at $11,584,000 after buying an additional 18,617 shares during the last quarter. Finally, Parametrica Management Ltd acquired a new stake in shares of Revolve Group in the first quarter valued at approximately $216,000. Institutional investors and hedge funds own 54.50% of the company’s stock.

Revolve Group, Inc operates as an online fashion retailer for consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands. The company offers women's apparel, footwear, accessories, and beauty styles under established and emerging brands, as well as owned brands.

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