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.
See Also
Before you consider Revolve Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Revolve Group wasn't on the list.
While Revolve Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.