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

Revolve Group, Inc. (NYSE:RVLV - Get Free Report) has been given a consensus recommendation of "Hold" by the fifteen research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $26.07.

RVLV has been the topic of a number of research analyst reports. Stifel Nicolaus decreased their target price on Revolve Group from $40.00 to $28.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Barclays restated a "reduce" rating on shares of Revolve Group in a research report on Wednesday, May 7th. Jefferies Financial Group upgraded Revolve Group from a "hold" rating to a "buy" rating and set a $30.00 price objective on the stock in a research report on Friday, March 14th. KeyCorp reduced their price target on Revolve Group from $37.00 to $25.00 and set an "overweight" rating on the stock in a report on Wednesday, May 7th. Finally, BMO Capital Markets increased their price target on Revolve Group from $15.00 to $19.00 and gave the stock a "market perform" rating in a report on Wednesday, February 26th.

Revolve Group Trading Down 0.6%

NYSE:RVLV opened at $20.66 on Wednesday. The company has a market capitalization of $1.47 billion, a P/E ratio of 36.89, a P/E/G ratio of 1.48 and a beta of 2.10. Revolve Group has a 12 month low of $14.87 and a 12 month high of $39.58. The business's 50-day moving average is $20.50 and its 200 day moving average is $27.76.

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 analysts' consensus estimates of $0.13 by $0.03. The company had revenue of $296.71 million for the quarter, compared to the consensus estimate of $297.56 million. Revolve Group had a return on equity of 10.17% and a net margin of 3.72%. The firm's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.15 earnings per share. On average, research analysts forecast that Revolve Group will post 0.6 earnings per share for the current year.

Insiders Place Their Bets

In other Revolve Group news, CEO Michael Karanikolas sold 12,566 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $25.94, for a total transaction of $325,962.04. Following the transaction, the chief executive officer now directly owns 123,000 shares in the company, valued at $3,190,620. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 43.82% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Summit Securities Group LLC bought a new stake in Revolve Group during the 1st quarter valued at $25,000. Venturi Wealth Management LLC boosted its position in Revolve Group by 1,302.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,346 shares of the company's stock valued at $45,000 after acquiring an additional 1,250 shares in the last quarter. Sugar Maple Asset Management LLC bought a new stake in Revolve Group during the 4th quarter valued at $50,000. CWM LLC boosted its position 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 in the last quarter. Finally, Castlekeep Investment Advisors LLC bought a new stake in Revolve Group during the 4th quarter valued at $65,000. 67.60% of the stock is currently owned by hedge funds and other institutional investors.

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.

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