Revolve Group (NYSE:RVLV) Stock Gets Price Target Reduction from UBS Group

Revolve Group (NYSE:RVLV) had its price objective dropped by UBS Group from $27.00 to $26.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group‘s price objective indicates a potential upside of 30.52% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Weiss Ratings upgraded shares of Revolve Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 24th. TD Cowen reduced their price objective on shares of Revolve Group from $31.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday. BTIG Research reiterated a “buy” rating and issued a $35.00 price objective on shares of Revolve Group in a research note on Wednesday, October 28th. Piper Sandler dropped their target price on shares of Revolve Group from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, Roth Capital restated a “buy” rating and issued a $37.00 target price on shares of Revolve Group in a research note on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Revolve Group currently has a consensus rating of “Moderate Buy” and an average price target of $28.54.

Revolve Group Price Performance

Shares of RVLV stock traded down $1.61 during trading hours on Wednesday, reaching $19.92. The company had a trading volume of 2,685,936 shares, compared to its average volume of 994,979. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 2.78 and a beta of 1.62. Revolve Group has a 12 month low of $17.35 and a 12 month high of $31.68. The business has a fifty day simple moving average of $21.69 and a 200-day simple moving average of $23.29.

Revolve Group (NYSE:RVLV) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). The company had revenue of $355.96 million for the quarter, compared to the consensus estimate of $345.49 million. Revolve Group had a return on equity of 13.38% and a net margin of 5.54%. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS. On average, equities research analysts expect that Revolve Group will post 0.80 earnings per share for the current year.

Institutional Trading of Revolve Group

A number of large investors have recently added to or reduced their stakes in the stock. CenterBook Partners LP raised its position in Revolve Group by 115.7% in the third quarter. CenterBook Partners LP now owns 39,032 shares of the company’s stock worth $833,000 after acquiring an additional 20,940 shares during the period. Integrity Alliance LLC. bought a new position in shares of Revolve Group during the 3rd quarter valued at approximately $455,000. State of Wyoming grew its position in shares of Revolve Group by 44.1% during the 3rd quarter. State of Wyoming now owns 18,050 shares of the company’s stock valued at $385,000 after acquiring an additional 5,526 shares during the period. Sterling Capital Management LLC increased its stake in shares of Revolve Group by 842.6% during the 3rd quarter. Sterling Capital Management LLC now owns 1,395 shares of the company’s stock worth $30,000 after purchasing an additional 1,247 shares during the last quarter. Finally, Inspire Investing LLC increased its stake in shares of Revolve Group by 1.9% during the 3rd quarter. Inspire Investing LLC now owns 29,901 shares of the company’s stock worth $638,000 after purchasing an additional 553 shares during the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.

More Revolve Group News

Here are the key news stories impacting Revolve Group this week:

• Positive Sentiment: Q3 revenue rose 20.4% year over year to $355.96 million, topping analyst expectations of $345.49 million. The company said sales grew at least 20% across REVOLVE and FWRD and in domestic and international markets. Revolve Group Q3 results
• Positive Sentiment: TD Cowen kept a Buy rating and Piper Sandler maintained Overweight, signaling continued analyst optimism. Their price targets were lowered to $25 and $26, respectively, but both remain above the cited share price. TD Cowen ratings Piper Sandler ratings
• Negative Sentiment: Q3 adjusted earnings were $0.20 per share, missing the $0.22 consensus and falling from $0.29 a year earlier. Coverage points to rising operating costs and margin pressure as reasons profits lagged sales growth. Rising costs and margin pressure
• Negative Sentiment: Revolve indicated Q4 gross margin of 52.3%–52.8%, with fuel surcharges pressuring shipping costs—an additional near-term profitability concern. Q4 margin outlook
• Negative Sentiment: Both TD Cowen and Piper Sandler lowered their price targets, tempering the bullish signal from their retained ratings.

About Revolve Group

Revolve Group, Inc operates a digital commerce platform focused on fashion and lifestyle products. Through its REVOLVE and FWRD platforms, the company offers women’s and men’s apparel, footwear, accessories, beauty products and other lifestyle merchandise from established and emerging brands. Its portfolio also includes proprietary and exclusive brands, including superdown and Song of Style.

The company primarily reaches customers through its e-commerce websites and mobile experiences, supported by influencer marketing, social media, content creation and data-driven merchandising.