Revolve Group (NYSE:RVLV) Stock Rating Lowered by Wall Street Zen

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

A number of other research analysts have also recently issued reports on the stock. Zacks Research cut shares of Revolve Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Robert W. Baird set a $28.00 price target on shares of Revolve Group in a report on Wednesday. Piper Sandler cut their price target on shares of Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a report on Tuesday, April 21st. Finally, KeyCorp cut their price target on shares of Revolve Group from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $29.33.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $20.83 on Friday. The stock has a market capitalization of $1.49 billion, a P/E ratio of 23.40, a P/E/G ratio of 2.25 and a beta of 1.76. The company has a 50-day moving average price of $24.14 and a 200-day moving average price of $25.56. Revolve Group has a 1 year low of $17.33 and a 1 year high of $31.68.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) 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 analysts’ expectations of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The business’s revenue was up 15.6% on a year-over-year basis. During the same period last year, the company earned $0.16 earnings per share. As a group, equities research analysts anticipate that Revolve Group will post 0.86 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Michael Mente sold 60,923 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $26.43, for a total transaction of $1,610,194.89. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael Karanikolas sold 1,948 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $25.93, for a total transaction of $50,511.64. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 152,806 shares of company stock worth $4,014,390. 42.67% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC purchased a new position in Revolve Group in the fourth quarter valued at about $40,000. State of Alaska Department of Revenue purchased a new position in Revolve Group in the third quarter valued at about $46,000. Quarry LP boosted its stake in Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after acquiring an additional 3,674 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in Revolve Group in the third quarter valued at about $125,000. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its stake in Revolve Group by 50.0% in the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock valued at $136,000 after acquiring an additional 1,500 shares during the last quarter. 67.60% of the stock is currently owned by hedge funds and other institutional investors.

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.