Q4 EPS Estimates for Revolve Group Decreased by Roth Capital

Revolve Group, Inc. (NYSE:RVLV) – Research analysts at Roth Capital dropped their Q4 2024 earnings per share (EPS) estimates for shares of Revolve Group in a report issued on Wednesday, November 6th. Roth Capital analyst M. Koranda now expects that the company will earn $0.09 per share for the quarter, down from their previous forecast of $0.12. 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 Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.19 EPS and Q4 2025 earnings at $0.16 EPS.

Revolve Group (NYSE:RVLV) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.10 by $0.05. Revolve Group had a net margin of 3.08% and a return on equity of 8.35%. The firm had revenue of $283.15 million for the quarter, compared to the consensus estimate of $271.08 million. During the same period last year, the firm earned $0.04 EPS. The company’s revenue was up 9.9% on a year-over-year basis.

Other equities analysts have also recently issued research reports about the company. Piper Sandler raised their price target on Revolve Group from $30.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday. TD Cowen raised 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. Evercore ISI upped their price target on shares of Revolve Group from $21.00 to $33.00 and gave the company an “in-line” rating in a research note on Wednesday. Wedbush reiterated a “neutral” rating and set a $19.00 price objective on shares of Revolve Group in a research report on Wednesday, August 7th. Finally, UBS Group boosted their target price on shares of Revolve Group from $25.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $26.19.

Revolve Group Stock Down 1.0 %

Shares of Revolve Group stock opened at $32.94 on Friday. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 73.20, a PEG ratio of 2.43 and a beta of 2.05. Revolve Group has a twelve month low of $12.63 and a twelve month high of $33.82. The business has a 50-day moving average price of $24.87 and a 200-day moving average price of $21.18.

Insider Buying and Selling at Revolve Group

In related news, CEO Michael Mente sold 36,114 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $25.95, for a total value of $937,158.30. Following the transaction, the chief executive officer now owns 73,000 shares of the company’s stock, valued at $1,894,350. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $25.92, for a total transaction of $168,298.56. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael Mente sold 36,114 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $25.95, for a total value of $937,158.30. Following the transaction, the chief executive officer now owns 73,000 shares in the company, valued at approximately $1,894,350. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 344,946 shares of company stock valued at $10,075,314 in the last quarter. 46.56% of the stock is owned by insiders.

Hedge Funds Weigh In On Revolve Group

A number of large investors have recently bought and sold shares of the business. Westfield Capital Management Co. LP bought a new position in Revolve Group in the first quarter worth about $33,735,000. Dimensional Fund Advisors LP raised its position in shares of Revolve Group by 22.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 683,101 shares of the company’s stock valued at $10,867,000 after purchasing an additional 123,745 shares during the last quarter. Marshall Wace LLP boosted its stake in Revolve Group by 141.2% in the 2nd quarter. Marshall Wace LLP now owns 478,623 shares of the company’s stock worth $7,615,000 after purchasing an additional 280,151 shares in the last quarter. Silvercrest Asset Management Group LLC increased its stake in Revolve Group by 55.7% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 376,620 shares of the company’s stock valued at $7,973,000 after purchasing an additional 134,775 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Revolve Group by 68.1% during the second quarter. Millennium Management LLC now owns 342,084 shares of the company’s stock worth $5,443,000 after buying an additional 138,600 shares during the period. Institutional investors own 67.60% of the company’s stock.

About Revolve Group

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.