Revolve Group (NYSE:RVLV) Rating Increased to Buy at Wall Street Zen

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

Other research analysts have also issued research reports about the stock. Piper Sandler lifted their price target on shares of Revolve Group from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday. Zacks Research raised Revolve Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 8th. UBS Group set a $27.00 target price on Revolve Group in a report on Tuesday, January 13th. KeyCorp reissued an “overweight” rating on shares of Revolve Group in a research note on Wednesday. Finally, TD Cowen reaffirmed a “buy” rating on shares of Revolve Group in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.50.

Revolve Group Stock Down 4.6%

NYSE:RVLV opened at $25.10 on Friday. The business’s 50-day moving average price is $28.33 and its 200 day moving average price is $24.90. Revolve Group has a 52-week low of $16.80 and a 52-week high of $31.68. The firm has a market cap of $1.79 billion, a P/E ratio of 29.53, a PEG ratio of 2.63 and a beta of 1.79.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.10. Revolve Group had a net margin of 5.03% and a return on equity of 12.39%. The company had revenue of $324.37 million during the quarter, compared to analyst estimates of $305.83 million. During the same quarter last year, the firm posted $0.17 EPS. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Sell-side analysts expect that Revolve Group will post 0.6 EPS for the current year.

Insiders Place Their Bets

In other Revolve Group news, CEO Michael Mente sold 114,024 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total value of $3,041,020.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 780,928 shares of company stock worth $22,565,084 over the last 90 days. 43.82% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Revolve Group

Several institutional investors and hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new stake in Revolve Group in the fourth quarter worth $40,000. State of Alaska Department of Revenue acquired a new stake in shares of Revolve Group in the third quarter worth about $46,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Revolve Group in the second quarter worth about $68,000. Quarry LP boosted its stake in shares of Revolve Group by 6,932.1% during the 3rd quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after acquiring an additional 3,674 shares in the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in shares of Revolve Group by 50.0% during the 4th quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock valued at $136,000 after acquiring an additional 1,500 shares during the last quarter. Institutional investors and hedge funds 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.