Revolve Group (NYSE:RVLV) Raised to “Buy” at Wall Street Zen

Revolve Group (NYSE:RVLV) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other research analysts have also issued research reports about the stock. Morgan Stanley set a $28.00 price target on shares of Revolve Group in a report on Wednesday. Zacks Research upgraded shares of Revolve Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 8th. Robert W. Baird set a $29.00 target price on shares of Revolve Group in a research note on Wednesday, December 17th. Guggenheim assumed coverage on shares of Revolve Group in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Finally, Roth Mkm reiterated a “buy” rating and set a $33.00 price target (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Revolve Group presently has an average rating of “Moderate Buy” and a consensus price target of $29.50.

Revolve Group Trading Down 4.6%

Shares of RVLV opened at $25.10 on Friday. The company has a market capitalization of $1.79 billion, a PE ratio of 29.53, a PEG ratio of 2.51 and a beta of 1.78. Revolve Group has a 12 month low of $16.80 and a 12 month high of $31.68. The stock’s 50-day moving average price is $28.33 and its two-hundred day moving average price is $24.96.

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

Insiders Place Their Bets

In other Revolve Group news, CEO Michael Mente sold 15,645 shares of Revolve Group stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $26.13, for a total value of $408,803.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jesse Timmermans sold 5,349 shares of the company’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $31.51, for a total transaction of $168,546.99. Following the transaction, the chief financial officer owned 11,610 shares in the company, valued at $365,831.10. This represents a 31.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 780,928 shares of company stock worth $22,565,084. 46.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new stake in Revolve Group in the fourth quarter valued at approximately $40,000. State of Alaska Department of Revenue bought a new position in shares of Revolve Group in the 3rd quarter worth $46,000. Elevation Point Wealth Partners LLC bought a new position in shares of Revolve Group in the 2nd quarter worth $68,000. Quarry LP grew its position in Revolve Group by 6,932.1% in the 3rd quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after purchasing an additional 3,674 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in Revolve Group during the 3rd quarter valued at $125,000. Institutional investors own 67.60% of the company’s stock.

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.