Revolve Group (NYSE:RVLV) Lowered to Hold Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Revolve Group from a “buy” to a “hold,” adding to a mixed analyst picture even as the stock’s consensus rating remains “Moderate Buy.”
• Several firms trimmed price targets on RVLV, with recent targets ranging from $27 to $32 and MarketBeat’s average target at $29.33.
• Revolve Group reported strong quarterly results, beating EPS and revenue estimates with $0.20 EPS and $342.88 million in revenue, though the shares opened at $20.83, well below recent analyst targets.

Revolve Group (NYSE:RVLV - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a report released on Saturday.

A number of other brokerages also recently weighed in on RVLV. KeyCorp decreased their target price on shares of Revolve Group from $35.00 to $32.00 and set an "overweight" rating for the company in a research note on Wednesday. Robert W. Baird set a $28.00 price target on Revolve Group in a research report on Wednesday. Morgan Stanley set a $27.00 price objective on Revolve Group in a research report on Wednesday. Raymond James Financial set a $28.00 price objective on Revolve Group in a research note on Wednesday. Finally, UBS Group dropped their target price on Revolve Group from $31.00 to $28.00 and set a "neutral" rating on the stock in a report on Wednesday. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Revolve Group has an average rating of "Moderate Buy" and an average target price of $29.33.

Revolve Group Price Performance

NYSE:RVLV opened at $20.83 on Friday. The firm's 50-day moving average price is $24.14 and its 200-day moving average price is $25.56. The company has a market capitalization of $1.49 billion, a PE ratio of 23.40, a P/E/G ratio of 2.18 and a beta of 1.76. Revolve Group has a 1-year low of $17.33 and a 1-year high of $31.68.

Revolve Group (NYSE:RVLV - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The company had revenue of $342.88 million during the quarter, compared to analysts' expectations of $328.84 million. During the same period last year, the company posted $0.16 EPS. Revolve Group's revenue was up 15.6% on a year-over-year basis. Equities analysts anticipate that Revolve Group will post 0.86 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Michael Karanikolas sold 1,948 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total transaction of $50,511.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael Mente sold 15,640 shares of Revolve Group stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total value of $406,640.00. The SEC filing for this sale provides additional information. In the last three months, insiders sold 152,806 shares of company stock valued at $4,014,390. Corporate insiders own 42.67% of the company's stock.

Institutional Trading of Revolve Group

Institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC grew its stake in shares of Revolve Group by 94.7% in the first quarter. AQR Capital Management LLC now owns 24,242 shares of the company's stock worth $521,000 after acquiring an additional 11,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Revolve Group by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company's stock valued at $489,000 after purchasing an additional 964 shares during the period. Caxton Associates LLP purchased a new stake in Revolve Group in the first quarter worth approximately $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Revolve Group by 10.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,066 shares of the company's stock worth $2,344,000 after purchasing an additional 10,146 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Revolve Group by 13.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 41,501 shares of the company's stock worth $832,000 after purchasing an additional 4,781 shares during the period. Hedge funds and other institutional investors 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.

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