Revolve Group, Inc. (NYSE:RVLV) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Revolve Group has a “Moderate Buy” consensus rating from 13 analysts, with seven buys and six holds. The average 12-month price target is approximately $30.08, versus a recent share price of $24.17.
• The company beat quarterly expectations, reporting $0.26 EPS versus the $0.21 consensus and revenue of $347.41 million versus $341.91 million expected. Revenue increased 12.5% year over year.
• Institutional investors and hedge funds own approximately 67.6% of Revolve Group, with several major firms recently initiating or increasing positions.

Revolve Group, Inc. (NYSE:RVLV - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the thirteen ratings firms that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $30.0769.

Several brokerages have recently commented on RVLV. Weiss Ratings restated a "hold (c)" rating on shares of Revolve Group in a research note on Friday, July 17th. Robert W. Baird set a $28.00 price objective on Revolve Group in a research report on Wednesday, May 6th. BTIG Research reissued a "buy" rating and set a $35.00 target price on shares of Revolve Group in a research report on Wednesday, May 6th. Barclays cut their price objective on Revolve Group from $28.00 to $26.00 and set an "equal weight" rating on the stock in a report on Thursday, May 7th. Finally, UBS Group raised their target price on shares of Revolve Group from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th.

Revolve Group Stock Up 1.6%

RVLV stock opened at $24.17 on Friday. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 2.96 and a beta of 1.60. Revolve Group has a twelve month low of $17.35 and a twelve month high of $31.68. The firm's fifty day simple moving average is $23.37 and its two-hundred day simple moving average is $23.53.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. acquired a new position in Revolve Group in the 4th quarter worth about $59,421,000. Cooper Creek Partners Management LLC acquired a new stake in shares of Revolve Group in the third quarter worth approximately $22,164,000. Balyasny Asset Management L.P. increased its position in shares of Revolve Group by 830.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company's stock worth $20,248,000 after purchasing an additional 901,396 shares in the last quarter. Marshall Wace LLP increased its position in shares of Revolve Group by 89.3% during the third quarter. Marshall Wace LLP now owns 1,031,294 shares of the company's stock worth $21,967,000 after purchasing an additional 486,616 shares in the last quarter. Finally, Vanguard Group Inc. raised 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 valued at $129,795,000 after purchasing an additional 360,598 shares during the last quarter. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source