Revolve Group, Inc. (NYSE:RVLV) Receives $29.50 Average Target Price from Analysts

Shares of Revolve Group, Inc. (NYSE:RVLV) have been given a consensus rating of “Moderate Buy” by the fifteen ratings firms that are covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $29.50.

A number of analysts have weighed in on the stock. Wall Street Zen raised shares of Revolve Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. KeyCorp reaffirmed an “overweight” rating on shares of Revolve Group in a research note on Wednesday, February 25th. Zacks Research cut shares of Revolve Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Jefferies Financial Group reissued a “buy” rating and set a $34.00 target price on shares of Revolve Group in a research note on Thursday, December 18th. Finally, Roth Mkm restated a “buy” rating and issued a $33.00 target price (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th.

Revolve Group Trading Down 3.5%

NYSE RVLV opened at $22.06 on Tuesday. The firm has a market capitalization of $1.58 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 2.21 and a beta of 1.77. The business’s 50-day moving average price is $26.32 and its two-hundred day moving average price is $25.12. Revolve Group has a 12 month low of $16.80 and a 12 month high of $31.68.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The company had revenue of $324.37 million during the quarter, compared to the consensus estimate of $305.83 million. During the same period last year, the company earned $0.17 earnings per share. The firm’s revenue was up 10.4% compared to the same quarter last year. As a group, analysts forecast that Revolve Group will post 0.6 earnings per share for the current fiscal year.

Insider Transactions at Revolve Group

In related news, CEO Michael Mente sold 72,337 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $31.16, for a total transaction of $2,254,020.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jesse Timmermans sold 12,053 shares of Revolve Group stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $31.51, for a total value of $379,790.03. Following the completion of the sale, the chief financial officer owned 11,610 shares of the company’s stock, valued at approximately $365,831.10. The trade was a 50.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 435,126 shares of company stock worth $13,066,683 over the last three months. 43.82% of the stock is owned by company insiders.

Institutional Trading of Revolve Group

Several large investors have recently modified their holdings of RVLV. Kestra Advisory Services LLC acquired a new position in shares of Revolve Group during the 4th quarter valued at $40,000. State of Alaska Department of Revenue acquired a new stake in Revolve Group in the third quarter worth $46,000. Elevation Point Wealth Partners LLC bought a new stake in Revolve Group in the second quarter valued at $68,000. Quarry LP increased its stake 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 purchasing an additional 3,674 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Revolve Group during the third quarter valued at about $125,000. 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.