Revolve Group, Inc. (NYSE:RVLV – Free Report) – Investment analysts at Roth Capital lifted their FY2024 earnings per share estimates for shares of Revolve Group in a research report issued on Wednesday, November 6th. Roth Capital analyst M. Koranda now expects that the company will earn $0.61 per share for the year, up from their previous estimate of $0.60. The consensus estimate for Revolve Group’s current full-year earnings is $0.56 per share. Roth Capital also issued estimates for Revolve Group’s Q3 2025 earnings at $0.19 EPS, FY2025 earnings at $0.69 EPS and FY2026 earnings at $0.90 EPS.
RVLV has been the subject of a number of other reports. Roth Mkm reiterated a “buy” rating and issued a $35.00 target price (up from $29.00) on shares of Revolve Group in a report on Wednesday. Morgan Stanley reissued an “equal weight” rating and issued a $26.00 target price (up previously from $17.00) on shares of Revolve Group in a report on Monday, October 21st. Piper Sandler increased their price target on shares of Revolve Group from $30.00 to $35.00 and gave the company an “overweight” rating in a research report on Wednesday. BTIG Research raised their price target on Revolve Group from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, TD Cowen lifted their target price on shares of Revolve Group from $28.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $26.19.
Revolve Group Stock Up 27.8 %
Revolve Group stock opened at $33.26 on Thursday. The company’s 50 day moving average is $24.47 and its two-hundred day moving average is $21.01. The firm has a market cap of $2.35 billion, a PE ratio of 73.91, a price-to-earnings-growth ratio of 2.43 and a beta of 2.05. Revolve Group has a 52-week low of $12.63 and a 52-week high of $33.82.
Revolve Group (NYSE:RVLV – Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.09 by $0.06. The business had revenue of $283.15 million during the quarter, compared to analyst estimates of $271.08 million. Revolve Group had a net margin of 3.08% and a return on equity of 8.35%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 earnings per share.
Insider Activity at Revolve Group
In other news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $25.92, for a total value of $168,298.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Michael Mente sold 48,346 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $26.32, for a total value of $1,272,466.72. Following the completion of the transaction, the chief executive officer now owns 73,000 shares of the company’s stock, valued at approximately $1,921,360. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Mmmk Development, Inc. sold 6,493 shares of the firm’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $25.92, for a total value of $168,298.56. The disclosure for this sale can be found here. Insiders have sold a total of 344,946 shares of company stock worth $10,075,314 in the last ninety days. 46.56% of the stock is owned by insiders.
Hedge Funds Weigh In On Revolve Group
Large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC raised its position in Revolve Group by 249.7% during the third quarter. Farther Finance Advisors LLC now owns 1,126 shares of the company’s stock valued at $28,000 after acquiring an additional 804 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in Revolve Group by 91.1% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,069 shares of the company’s stock worth $65,000 after acquiring an additional 1,940 shares during the last quarter. Quarry LP bought a new stake in Revolve Group during the second quarter valued at about $68,000. nVerses Capital LLC acquired a new stake in Revolve Group in the 3rd quarter valued at approximately $171,000. Finally, American Century Companies Inc. bought a new position in Revolve Group in the 2nd quarter worth approximately $165,000. Institutional investors and hedge funds own 67.60% of the company’s stock.
Revolve Group Company Profile
Revolve Group, Inc operates as an online fashion retailer for millennial and generation z 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.
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