Revolve Group, Inc. (NYSE:RVLV – Get Free Report) has received an average recommendation of “Moderate Buy” from the sixteen brokerages that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $27.6154.
A number of equities research analysts have recently weighed in on RVLV shares. Evercore ISI restated a “mixed” rating on shares of Revolve Group in a report on Wednesday, November 5th. BTIG Research reissued a “buy” rating and issued a $30.00 target price on shares of Revolve Group in a report on Wednesday, November 19th. Stifel Nicolaus lifted their price target on Revolve Group from $28.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, December 12th. UBS Group set a $27.00 price objective on Revolve Group in a research report on Tuesday, January 13th. Finally, Barclays raised their target price on Revolve Group from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th.
Check Out Our Latest Report on Revolve Group
Revolve Group Price Performance
Revolve Group (NYSE:RVLV – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.13. The business had revenue of $295.63 million during the quarter, compared to the consensus estimate of $297.36 million. Revolve Group had a return on equity of 11.26% and a net margin of 4.64%.During the same period in the previous year, the company posted $0.15 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts expect that Revolve Group will post 0.6 EPS for the current year.
Insider Buying and Selling
In related news, CEO Michael Mente sold 68,995 shares of the stock in a transaction on Friday, January 9th. The shares were sold at an average price of $30.68, for a total value of $2,116,766.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Jesse Timmermans sold 5,349 shares of the business’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $31.51, for a total transaction of $168,546.99. Following the completion of the sale, the chief financial officer directly owned 11,610 shares of the company’s stock, valued at approximately $365,831.10. This trade represents a 31.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 624,325 shares of company stock worth $18,065,991. 46.56% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Revolve Group
A number of institutional investors have recently modified their holdings of RVLV. Allspring Global Investments Holdings LLC boosted its holdings in Revolve Group by 4.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 628,552 shares of the company’s stock valued at $13,388,000 after purchasing an additional 28,428 shares in the last quarter. Creative Planning lifted its holdings in shares of Revolve Group by 10.8% in the 2nd quarter. Creative Planning now owns 155,019 shares of the company’s stock valued at $3,108,000 after buying an additional 15,104 shares during the period. Geode Capital Management LLC boosted its stake in shares of Revolve Group by 5.9% in the second quarter. Geode Capital Management LLC now owns 935,784 shares of the company’s stock valued at $18,764,000 after buying an additional 52,049 shares in the last quarter. Segall Bryant & Hamill LLC boosted its stake in shares of Revolve Group by 20.3% in the second quarter. Segall Bryant & Hamill LLC now owns 293,725 shares of the company’s stock valued at $5,889,000 after buying an additional 49,618 shares in the last quarter. Finally, Federated Hermes Inc. grew its holdings in Revolve Group by 41.9% during the second quarter. Federated Hermes Inc. now owns 347,664 shares of the company’s stock worth $6,971,000 after acquiring an additional 102,573 shares during the period. 67.60% of the stock is 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.
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