Brokerages Set Revolve Group, Inc. (NYSE:RVLV) Price Target at $27.62

Shares of Revolve Group, Inc. (NYSE:RVLV) have been assigned an average recommendation of “Moderate Buy” from the sixteen ratings firms that are currently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $27.6154.

A number of research firms have weighed in on RVLV. Guggenheim began coverage on Revolve Group in a research note on Tuesday, December 9th. They set a “neutral” rating for the company. UBS Group set a $27.00 price target on Revolve Group in a research report on Tuesday, January 13th. Jefferies Financial Group reissued a “buy” rating and issued a $34.00 price target on shares of Revolve Group in a report on Thursday, December 18th. BTIG Research reaffirmed a “buy” rating and set a $30.00 price objective on shares of Revolve Group in a research note on Wednesday, November 19th. Finally, Evercore ISI reaffirmed a “mixed” rating on shares of Revolve Group in a report on Wednesday, November 5th.

Insiders Place Their Bets

In other Revolve Group news, CEO Michael Mente sold 114,024 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total value of $3,041,020.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 763,335 shares of company stock valued at $22,105,769 over the last three months. 46.56% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Revolve Group

Large investors have recently bought and sold shares of the business. Cooper Creek Partners Management LLC acquired a new stake in Revolve Group in the third quarter valued at approximately $22,164,000. Balyasny Asset Management L.P. grew its stake in Revolve Group by 830.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock valued at $20,248,000 after acquiring an additional 901,396 shares during the period. William Blair Investment Management LLC increased its holdings in Revolve Group by 80.2% in the 2nd quarter. William Blair Investment Management LLC now owns 1,775,735 shares of the company’s stock worth $35,603,000 after acquiring an additional 790,205 shares in the last quarter. Marshall Wace LLP raised its position in Revolve Group by 2,036.0% during the second quarter. Marshall Wace LLP now owns 544,678 shares of the company’s stock worth $10,921,000 after acquiring an additional 519,178 shares during the period. Finally, Tudor Investment Corp ET AL lifted its holdings in Revolve Group by 197.1% during the third quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company’s stock valued at $9,275,000 after purchasing an additional 288,868 shares in the last quarter. Institutional investors and hedge funds own 67.60% of the company’s stock.

Revolve Group Trading Down 1.7%

Shares of NYSE RVLV opened at $28.56 on Monday. The company has a 50 day simple moving average of $28.46 and a two-hundred day simple moving average of $24.15. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 37.57, a PEG ratio of 2.78 and a beta of 1.75. Revolve Group has a 12 month low of $16.80 and a 12 month high of $32.58.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.13. The firm had revenue of $295.63 million during the quarter, compared to analysts’ expectations of $297.36 million. Revolve Group had a net margin of 4.64% and a return on equity of 11.26%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.15 earnings per share. Analysts forecast that Revolve Group will post 0.6 EPS for the current year.

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.