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

Key Points

• Revolve Group, Inc. has received an average rating of "Moderate Buy" from analysts, with a consensus price target of $26.73 for the next year.
• Institutional investors have increased their stakes in Revolve Group, with notable buys including Logan Capital Management, which boosted its holdings by 35.5%.
• Revolve Group reported earnings per share (EPS) of $0.16 for the last quarter, surpassing expectations and indicating a revenue growth of 9.7% year over year despite a slight miss on revenue targets.

Revolve Group, Inc. (NYSE:RVLV - Get Free Report) has earned a consensus rating of "Moderate Buy" from the sixteen ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $27.40.

RVLV has been the topic of several recent analyst reports. Cowen reissued a "buy" rating on shares of Revolve Group in a report on Friday, June 6th. KeyCorp lowered their price objective on shares of Revolve Group from $37.00 to $25.00 and set an "overweight" rating for the company in a research report on Wednesday, May 7th. Stifel Nicolaus decreased their price target on shares of Revolve Group from $40.00 to $28.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Raymond James Financial upped their price objective on Revolve Group from $21.00 to $25.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Finally, Roth Capital reissued a "buy" rating and issued a $24.00 target price (up from $19.00) on shares of Revolve Group in a research note on Tuesday.

Revolve Group Price Performance

Shares of Revolve Group stock traded down $0.17 during trading on Monday, hitting $19.62. 779,487 shares of the company's stock traded hands, compared to its average volume of 1,413,660. The company has a market cap of $1.40 billion, a PE ratio of 31.48, a PEG ratio of 2.80 and a beta of 1.98. The firm's fifty day moving average price is $21.06 and its 200 day moving average price is $22.88. Revolve Group has a twelve month low of $16.80 and a twelve month high of $39.58.

Revolve Group (NYSE:RVLV - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Revolve Group had a return on equity of 10.36% and a net margin of 3.83%. The firm had revenue of $308.97 million for the quarter, compared to analysts' expectations of $297.91 million. During the same period in the prior year, the business posted $0.21 earnings per share. The business's revenue was up 9.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Revolve Group will post 0.6 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC bought a new stake in shares of Revolve Group in the first quarter worth $25,000. Castlekeep Investment Advisors LLC acquired a new position in shares of Revolve Group during the 4th quarter worth about $65,000. CWM LLC boosted its holdings in shares of Revolve Group by 40.4% in the 1st quarter. CWM LLC now owns 2,905 shares of the company's stock valued at $62,000 after buying an additional 836 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new position in Revolve Group during the second quarter worth $60,000. Finally, Neo Ivy Capital Management acquired a new stake in Revolve Group in the fourth quarter valued at $156,000. Institutional investors own 67.60% of the company's stock.

About Revolve Group

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.