William Blair Increases Earnings Estimates for Revolve Group

Revolve Group, Inc. (NYSE:RVLVFree Report) – Equities research analysts at William Blair lifted their FY2025 earnings per share (EPS) estimates for shares of Revolve Group in a report issued on Wednesday, November 5th. William Blair analyst D. Carden now anticipates that the company will post earnings of $0.68 per share for the year, up from their previous estimate of $0.48. The consensus estimate for Revolve Group’s current full-year earnings is $0.60 per share.

Revolve Group (NYSE:RVLVGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.11 by $0.13. Revolve Group had a return on equity of 11.26% and a net margin of 4.64%.The company had revenue of $295.63 million for the quarter, compared to the consensus estimate of $297.36 million. During the same quarter last year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year.

Other equities research analysts have also recently issued reports about the stock. UBS Group upped their price target on shares of Revolve Group from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, October 21st. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a research note on Wednesday, October 8th. Barclays lifted their price target on Revolve Group from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Roth Capital reiterated a “buy” rating and set a $30.00 price target (up from $27.00) on shares of Revolve Group in a report on Wednesday. Finally, Evercore ISI restated a “mixed” rating on shares of Revolve Group in a research note on Wednesday. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $25.92.

Read Our Latest Report on RVLV

Revolve Group Trading Down 4.8%

NYSE:RVLV opened at $21.11 on Friday. The firm has a market capitalization of $1.51 billion, a PE ratio of 27.78, a PEG ratio of 2.40 and a beta of 1.93. Revolve Group has a 1 year low of $16.80 and a 1 year high of $39.58. The firm’s fifty day simple moving average is $22.32 and its 200 day simple moving average is $21.26.

Institutional Investors Weigh In On Revolve Group

A number of institutional investors have recently bought and sold shares of the business. Summit Securities Group LLC bought a new stake in Revolve Group in the 1st quarter valued at $25,000. State of Alaska Department of Revenue acquired a new stake in shares of Revolve Group during the 3rd quarter valued at about $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new stake in Revolve Group in the second quarter valued at about $60,000. CWM LLC increased its stake in Revolve Group by 40.4% in the first quarter. CWM LLC now owns 2,905 shares of the company’s stock valued at $62,000 after acquiring an additional 836 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in Revolve Group in the second quarter worth about $68,000. Institutional investors and hedge funds own 67.60% of the company’s stock.

Revolve Group Company Profile

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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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Earnings History and Estimates for Revolve Group (NYSE:RVLV)

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