Revolve Group (NYSE:RVLV) Downgraded by Wall Street Zen to “Hold”

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

A number of other analysts also recently weighed in on RVLV. Roth Mkm reiterated a “buy” rating and set a $33.00 target price (up from $30.00) on shares of Revolve Group in a research report on Wednesday, February 25th. UBS Group cut their target price on Revolve Group from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday. Piper Sandler dropped their price objective on Revolve Group from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Wednesday. TD Cowen restated a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. Finally, Robert W. Baird set a $28.00 price objective on Revolve Group in a research report on Wednesday. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.33.

Revolve Group Stock Performance

NYSE:RVLV opened at $20.83 on Friday. The stock has a fifty day moving average price of $24.14 and a 200-day moving average price of $25.56. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 23.40, a PEG ratio of 2.25 and a beta of 1.76. Revolve Group has a fifty-two week low of $17.33 and a fifty-two week high of $31.68.

Revolve Group (NYSE:RVLV) last released its earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $342.88 million during the quarter, compared to the consensus estimate of $328.84 million. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The company’s revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. Research analysts predict that Revolve Group will post 0.86 EPS for the current fiscal year.

Insider Transactions at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 60,923 shares of the company’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $26.43, for a total value of $1,610,194.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael Karanikolas sold 1,948 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 152,806 shares of company stock valued at $4,014,390. Insiders own 42.67% of the company’s stock.

Hedge Funds Weigh In On Revolve Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Tudor Investment Corp ET AL increased its holdings in Revolve Group by 197.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company’s stock worth $9,275,000 after purchasing an additional 288,868 shares in the last quarter. Landscape Capital Management L.L.C. increased its holdings in Revolve Group by 126.6% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 240,622 shares of the company’s stock worth $5,125,000 after purchasing an additional 134,451 shares in the last quarter. Divisadero Street Capital Management LP acquired a new stake in shares of Revolve Group in the third quarter valued at about $5,110,000. Algert Global LLC increased its stake in shares of Revolve Group by 23.9% in the third quarter. Algert Global LLC now owns 676,936 shares of the company’s stock valued at $14,419,000 after buying an additional 130,455 shares during the period. Finally, New York State Common Retirement Fund increased its stake in shares of Revolve Group by 24.6% in the third quarter. New York State Common Retirement Fund now owns 205,265 shares of the company’s stock valued at $4,372,000 after buying an additional 40,562 shares during the period. Institutional investors and hedge funds own 67.60% of the company’s stock.

About Revolve Group

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.