Revolve Group (NYSE:RVLV) Price Target Raised to $27.00

Revolve Group (NYSE:RVLV) had its target price upped by Morgan Stanley from $26.00 to $27.00 in a research note published on Tuesday,Benzinga reports. They currently have an equal weight rating on the stock.

RVLV has been the subject of a number of other reports. Guggenheim began coverage on Revolve Group in a research note on Tuesday, December 9th. They issued a “neutral” rating for the company. BTIG Research restated a “buy” rating and set a $30.00 price objective on shares of Revolve Group in a report on Wednesday, November 19th. Robert W. Baird set a $29.00 target price on shares of Revolve Group in a research note on Wednesday, December 17th. Jefferies Financial Group reissued a “buy” rating and set a $34.00 target price on shares of Revolve Group in a research report on Thursday, December 18th. Finally, Zacks Research raised shares of Revolve Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.50.

Revolve Group Stock Up 2.2%

Shares of RVLV opened at $30.95 on Tuesday. The company has a 50 day moving average of $27.00 and a two-hundred day moving average of $23.60. Revolve Group has a twelve month low of $16.80 and a twelve month high of $33.68. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 40.72, a price-to-earnings-growth ratio of 2.90 and a beta of 1.75.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.13. The business had revenue of $295.63 million for 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%.The business’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.15 earnings per share. On average, sell-side analysts expect that Revolve Group will post 0.6 EPS for the current year.

Insider Buying and Selling

In other Revolve Group news, CEO Michael Mente sold 114,024 shares of Revolve Group stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total transaction of $3,041,020.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jesse Timmermans sold 12,053 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $31.51, for a total transaction of $379,790.03. Following the completion of the sale, the chief financial officer directly owned 11,610 shares in the company, valued at $365,831.10. This trade represents a 50.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 624,325 shares of company stock valued at $18,065,991 over the last three months. 43.82% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Revolve Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue acquired a new position in shares of Revolve Group in the 3rd quarter valued at about $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new position in Revolve Group during the second quarter valued at approximately $60,000. Elevation Point Wealth Partners LLC acquired a new position in Revolve Group in the second quarter valued at approximately $68,000. Quarry LP lifted its holdings in Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after acquiring an additional 3,674 shares during the period. Finally, Logan Capital Management Inc. boosted its position in Revolve Group by 35.5% in the 2nd quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock worth $112,000 after purchasing an additional 1,463 shares in the last quarter. 67.60% of the stock is owned by institutional investors and hedge funds.

About Revolve Group

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.