Revolve Group (NYSE:RVLV) Price Target Increased to $25.00 by Analysts at UBS Group

Revolve Group (NYSE:RVLV - Get Free Report) had its price objective lifted by stock analysts at UBS Group from $21.00 to $25.00 in a report released on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's target price would suggest a potential downside of 5.12% from the stock's previous close.

A number of other brokerages also recently commented on RVLV. TD Cowen lifted their price objective on shares of Revolve Group from $25.00 to $28.00 and gave the company a "buy" rating in a research report on Monday, August 26th. Piper Sandler restated an "overweight" rating and issued a $30.00 price objective on shares of Revolve Group in a research note on Friday, August 23rd. Barclays lifted their target price on Revolve Group from $15.00 to $17.00 and gave the stock an "underweight" rating in a research note on Wednesday, October 2nd. Evercore ISI increased their price target on Revolve Group from $20.00 to $21.00 and gave the company an "in-line" rating in a research note on Wednesday, August 7th. Finally, BTIG Research raised their price target on Revolve Group from $24.00 to $26.00 and gave the company a "buy" rating in a report on Friday, August 16th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $21.81.

Revolve Group Stock Up 0.2 %

RVLV traded up $0.06 during trading hours on Thursday, hitting $26.35. 681,386 shares of the company's stock were exchanged, compared to its average volume of 1,019,016. Revolve Group has a 1-year low of $12.42 and a 1-year high of $26.69. The stock's 50-day moving average is $23.84 and its two-hundred day moving average is $20.41. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 77.24, a PEG ratio of 2.41 and a beta of 2.05.

Revolve Group (NYSE:RVLV - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. Revolve Group had a return on equity of 8.35% and a net margin of 3.08%. The company had revenue of $282.50 million during the quarter, compared to analysts' expectations of $277.06 million. During the same quarter last year, the company earned $0.10 EPS. Revolve Group's revenue for the quarter was up 3.2% compared to the same quarter last year. On average, equities research analysts anticipate that Revolve Group will post 0.55 EPS for the current year.

Insider Activity

In other news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $25.92, for a total transaction of $168,298.56. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 46.56% of the stock is owned by company insiders.

Institutional Trading of Revolve Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. bought a new position in Revolve Group in the first quarter valued at about $45,000. Quarry LP bought a new stake in shares of Revolve Group during the 2nd quarter valued at approximately $68,000. American Century Companies Inc. acquired a new position in Revolve Group during the 2nd quarter worth approximately $165,000. nVerses Capital LLC bought a new position in Revolve Group in the 3rd quarter valued at approximately $171,000. Finally, Pier 88 Investment Partners LLC acquired a new stake in Revolve Group in the second quarter valued at approximately $182,000. 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.