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

Shares of Revolve Group, Inc. (NYSE:RVLV - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the sixteen research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $26.20.

Several equities analysts have commented on RVLV shares. BMO Capital Markets lifted their target price on shares of Revolve Group from $15.00 to $19.00 and gave the stock a "market perform" rating in a research report on Wednesday, February 26th. Cowen reissued a "buy" rating on shares of Revolve Group in a research report on Friday, June 6th. Robert W. Baird lifted their target price on shares of Revolve Group from $23.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, June 6th. Morgan Stanley dropped their target price on shares of Revolve Group from $29.00 to $21.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Finally, Raymond James lowered their price target on shares of Revolve Group from $25.00 to $21.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th.

Revolve Group Stock Performance

Shares of Revolve Group stock traded down $0.68 during mid-day trading on Friday, hitting $20.28. 1,198,046 shares of the stock were exchanged, compared to its average volume of 1,200,355. Revolve Group has a 12 month low of $14.87 and a 12 month high of $39.58. The company has a 50-day simple moving average of $20.20 and a 200 day simple moving average of $26.19. The company has a market capitalization of $1.44 billion, a P/E ratio of 36.21, a P/E/G ratio of 1.48 and a beta of 2.02.

Revolve Group (NYSE:RVLV - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. Revolve Group had a net margin of 3.72% and a return on equity of 10.17%. The firm had revenue of $296.71 million for the quarter, compared to analysts' expectations of $297.56 million. During the same quarter last year, the firm earned $0.15 EPS. The company's quarterly revenue was up 9.7% compared to the same quarter last year. Analysts predict that Revolve Group will post 0.6 EPS for the current year.

Institutional Investors Weigh In On Revolve Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. AlphaQuest LLC raised its holdings in Revolve Group by 7.7% during the 4th quarter. AlphaQuest LLC now owns 5,535 shares of the company's stock valued at $185,000 after acquiring an additional 396 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Revolve Group by 3.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,809 shares of the company's stock valued at $730,000 after acquiring an additional 668 shares during the period. CWM LLC raised its holdings in Revolve Group by 40.4% during the 1st quarter. CWM LLC now owns 2,905 shares of the company's stock valued at $62,000 after acquiring an additional 836 shares during the period. Navellier & Associates Inc. raised its holdings in Revolve Group by 4.1% during the 4th quarter. Navellier & Associates Inc. now owns 25,711 shares of the company's stock valued at $861,000 after acquiring an additional 1,008 shares during the period. Finally, Precision Wealth Strategies LLC grew its position in shares of Revolve Group by 8.3% during the 1st quarter. Precision Wealth Strategies LLC now owns 13,678 shares of the company's stock valued at $294,000 after purchasing an additional 1,051 shares in the last quarter. Institutional investors own 67.60% of the company's stock.

Revolve Group Company Profile

Revolve Group, Inc operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands.