BTIG Research Reaffirms "Buy" Rating for Revolve Group (NYSE:RVLV)

Key Points

• BTIG Research reaffirmed its “Buy” rating on Revolve Group and set a $35 price target, implying approximately 45% upside from the prior close.
• Analyst sentiment remains broadly positive, with seven Buy ratings and six Holds; the consensus rating is “Moderate Buy” with an average price target of $30.08.
• Revolve’s latest quarter exceeded expectations, reporting $0.26 in EPS versus $0.21 expected and $347.41 million in revenue, up 12.5% year over year.

Revolve Group (NYSE:RVLV - Get Free Report)'s stock had its "buy" rating restated by equities researchers at BTIG Research in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $35.00 price objective on the stock. BTIG Research's price target points to a potential upside of 45.17% from the company's previous close.

RVLV has been the topic of a number of other reports. Weiss Ratings raised shares of Revolve Group from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday. Roth Capital reiterated a "buy" rating and set a $37.00 target price on shares of Revolve Group in a research note on Wednesday, August 5th. Wall Street Zen cut Revolve Group from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. TD Cowen upped their price objective on Revolve Group from $28.00 to $31.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Finally, Raymond James Financial set a $28.00 price target on Revolve Group in a report on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $30.08.

Revolve Group Price Performance

RVLV opened at $24.11 on Friday. The business has a fifty day moving average price of $23.74 and a 200 day moving average price of $23.34. Revolve Group has a 12 month low of $17.35 and a 12 month high of $31.68. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 2.97 and a beta of 1.60.

Revolve Group (NYSE:RVLV - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. Revolve Group had a return on equity of 13.38% and a net margin of 5.54%.The business had revenue of $347.41 million during the quarter, compared to analysts' expectations of $341.91 million. During the same quarter last year, the business posted $0.14 EPS. The business's quarterly revenue was up 12.5% compared to the same quarter last year. On average, research analysts anticipate that Revolve Group will post 0.82 earnings per share for the current year.

Institutional Trading of Revolve Group

A number of large investors have recently made changes to their positions in RVLV. Kestra Advisory Services LLC acquired a new position in Revolve Group during the fourth quarter worth approximately $40,000. Quarry LP grew its position in shares of Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company's stock worth $79,000 after acquiring an additional 3,674 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Revolve Group in the 2nd quarter valued at $159,000. CWM LLC raised its position in Revolve Group by 182.2% in the 4th quarter. CWM LLC now owns 6,271 shares of the company's stock valued at $189,000 after purchasing an additional 4,049 shares during the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in Revolve Group during the 4th quarter worth $216,000. 67.60% of the stock is owned by institutional investors and hedge funds.

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.

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