Revolve Group, Inc. (NYSE:RVLV – Free Report) – Equities research analysts at William Blair cut their FY2025 earnings per share (EPS) estimates for Revolve Group in a report released on Wednesday, February 26th. William Blair analyst D. Carden now forecasts that the company will post earnings of $0.59 per share for the year, down from their prior forecast of $0.63. The consensus estimate for Revolve Group’s current full-year earnings is $0.60 per share.
RVLV has been the topic of a number of other research reports. Roth Mkm restated a “buy” rating and set a $36.00 target price (up previously from $35.00) on shares of Revolve Group in a research report on Wednesday. BMO Capital Markets lifted their price objective on Revolve Group from $15.00 to $19.00 and gave the company a “market perform” rating in a report on Wednesday. Barclays increased their target price on Revolve Group from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Wednesday. KeyCorp raised Revolve Group from a “sector weight” rating to an “overweight” rating and set a $37.00 price target for the company in a research note on Thursday, January 23rd. Finally, Robert W. Baird increased their price objective on shares of Revolve Group from $24.00 to $33.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Revolve Group presently has an average rating of “Moderate Buy” and a consensus target price of $29.93.
Revolve Group Stock Down 2.5 %
Revolve Group stock opened at $26.23 on Friday. Revolve Group has a twelve month low of $14.87 and a twelve month high of $39.58. The stock has a market cap of $1.86 billion, a P/E ratio of 46.83, a P/E/G ratio of 1.48 and a beta of 2.17. The company’s 50-day moving average price is $30.99 and its two-hundred day moving average price is $29.04.
Insider Buying and Selling
In related news, CEO Michael Mente sold 44,962 shares of Revolve Group stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $30.93, for a total value of $1,390,674.66. Following the transaction, the chief executive officer now directly owns 73,000 shares of the company’s stock, valued at $2,257,890. The trade was a 38.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 687,778 shares of company stock valued at $22,364,908 over the last 90 days. 46.56% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in shares of Revolve Group by 249.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,126 shares of the company’s stock valued at $28,000 after purchasing an additional 804 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in Revolve Group by 1,302.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,346 shares of the company’s stock valued at $45,000 after buying an additional 1,250 shares during the period. Sugar Maple Asset Management LLC bought a new stake in Revolve Group during the fourth quarter valued at $50,000. Castlekeep Investment Advisors LLC acquired a new stake in Revolve Group during the 4th quarter worth about $65,000. Finally, Northwest & Ethical Investments L.P. acquired a new stake in Revolve Group during the 4th quarter worth about $87,000. Institutional investors own 67.60% of the company’s stock.
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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