Revolve Group, Inc. (NYSE:RVLV) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Revolve Group, Inc. (NYSE:RVLV) has earned a consensus recommendation of “Moderate Buy” from the fourteen research firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $29.3333.

Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Revolve Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. UBS Group lowered their target price on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Morgan Stanley set a $27.00 target price on shares of Revolve Group in a report on Wednesday, May 6th. Raymond James Financial set a $28.00 target price on shares of Revolve Group in a report on Wednesday, May 6th. Finally, KeyCorp lowered their target price on shares of Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th.

Revolve Group Stock Down 2.5%

RVLV stock opened at $18.84 on Friday. Revolve Group has a 52 week low of $17.35 and a 52 week high of $31.68. The company has a fifty day simple moving average of $22.20 and a two-hundred day simple moving average of $25.11. The firm has a market capitalization of $1.35 billion, a P/E ratio of 21.17, a price-to-earnings-growth ratio of 2.04 and a beta of 1.67.

Revolve Group (NYSE:RVLV) last announced its earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $342.88 million for the quarter, compared to the consensus estimate of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The business’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 earnings per share. As a group, analysts anticipate that Revolve Group will post 0.86 EPS for the current year.

Insider Activity

In other news, CEO Michael Mente sold 15,640 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total value of $406,640.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 135,213 shares of company stock valued at $3,555,075. 42.67% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Revolve Group by 9.2% in the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock worth $129,795,000 after buying an additional 360,598 shares during the period. William Blair Investment Management LLC increased its stake in Revolve Group by 16.6% in the 4th quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company’s stock worth $64,852,000 after buying an additional 306,547 shares during the period. Cooper Creek Partners Management LLC increased its stake in Revolve Group by 36.7% in the 1st quarter. Cooper Creek Partners Management LLC now owns 2,069,237 shares of the company’s stock worth $46,785,000 after buying an additional 555,153 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new position in Revolve Group in the 4th quarter worth about $59,421,000. Finally, Balyasny Asset Management L.P. increased its stake in Revolve Group by 55.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company’s stock worth $56,243,000 after buying an additional 666,784 shares during the period. Hedge funds and other institutional investors own 67.60% of the company’s stock.

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.