Revolve Group (NYSE:RVLV - Get Free Report) will be issuing its quarterly earnings data after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.
Revolve Group (NYSE:RVLV - Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.13 by $0.08. The firm had revenue of $282.50 million for the quarter, compared to the consensus estimate of $277.06 million. Revolve Group had a net margin of 3.08% and a return on equity of 8.35%. The business's quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.10 earnings per share. On average, analysts expect Revolve Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Revolve Group Stock Performance
Shares of RVLV traded up $0.08 during trading hours on Tuesday, hitting $25.79. 337,434 shares of the company were exchanged, compared to its average volume of 998,579. The company has a market cap of $1.82 billion, a PE ratio of 75.85, a PEG ratio of 2.41 and a beta of 2.05. The firm's 50 day moving average is $24.29 and its 200-day moving average is $20.79. Revolve Group has a 52 week low of $12.42 and a 52 week high of $26.72.
Analyst Upgrades and Downgrades
Several equities analysts have commented on RVLV shares. BTIG Research increased 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. UBS Group raised their target price on shares of Revolve Group from $21.00 to $25.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. Wedbush reiterated a "neutral" rating and issued a $19.00 target price on shares of Revolve Group in a report on Wednesday, August 7th. Evercore ISI upped their price target on shares of Revolve Group from $20.00 to $21.00 and gave the company an "in-line" rating in a report on Wednesday, August 7th. Finally, TD Cowen lifted their price objective on Revolve Group from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Monday, August 26th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $22.25.
Get Our Latest Research Report on RVLV
Insider Buying and Selling at Revolve Group
In other Revolve Group news, CEO Michael Mente sold 36,114 shares of the business's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $25.95, for a total value of $937,158.30. Following the transaction, the chief executive officer now directly owns 73,000 shares in the company, valued at $1,894,350. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, major shareholder Mmmk Development, Inc. sold 33,164 shares of the stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $26.26, for a total transaction of $870,886.64. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Michael Mente sold 36,114 shares of the firm's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $25.95, for a total value of $937,158.30. Following the completion of the sale, the chief executive officer now owns 73,000 shares of the company's stock, valued at approximately $1,894,350. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 124,573 shares of company stock valued at $3,260,634. 46.56% of the stock is currently owned by company insiders.
Revolve Group Company Profile
(
Get Free Report)
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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