Revolve Group (NYSE:RVLV) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Revolve Group (NYSE:RVLV) from a hold rating to a buy rating in a report released on Saturday morning.

Other research analysts have also issued reports about the company. BTIG Research upped their target price on Revolve Group from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. KeyCorp restated an “overweight” rating on shares of Revolve Group in a report on Wednesday, February 25th. Robert W. Baird set a $29.00 target price on shares of Revolve Group in a research note on Wednesday, December 17th. Piper Sandler boosted their target price on shares of Revolve Group from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. Finally, UBS Group set a $27.00 price target on shares of Revolve Group in a report on Tuesday, January 13th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.50.

Revolve Group Stock Down 4.3%

NYSE:RVLV opened at $24.09 on Friday. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 28.34, a PEG ratio of 2.51 and a beta of 1.78. Revolve Group has a 52 week low of $16.80 and a 52 week high of $31.68. The firm has a 50 day moving average of $28.22 and a 200 day moving average of $24.97.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The business had revenue of $324.37 million for the quarter, compared to the consensus estimate of $305.83 million. During the same period in the prior year, the firm posted $0.17 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, analysts expect that Revolve Group will post 0.6 EPS for the current year.

Insider Transactions at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 114,024 shares of Revolve Group stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total transaction of $3,041,020.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders have sold 757,776 shares of company stock worth $21,964,521. Company insiders own 46.56% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RVLV. Kestra Advisory Services LLC purchased a new position in shares of Revolve Group during the 4th quarter valued at about $40,000. State of Alaska Department of Revenue acquired a new stake in Revolve Group during the third quarter worth about $46,000. Elevation Point Wealth Partners LLC acquired a new stake in Revolve Group during the second quarter worth about $68,000. Quarry LP raised its position in Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after acquiring an additional 3,674 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in Revolve Group in the third quarter valued at approximately $125,000. 67.60% of the stock is currently owned by institutional investors and hedge funds.

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.