Q4 EPS Estimates for Revolve Group Decreased by Roth Capital

Revolve Group, Inc. (NYSE:RVLV - Free Report) - Equities research analysts at Roth Capital lowered their Q4 2024 EPS estimates for shares of Revolve Group in a research report issued to clients and investors on Wednesday, November 6th. Roth Capital analyst M. Koranda now expects that the company will post earnings of $0.09 per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for Revolve Group's current full-year earnings is $0.60 per share. Roth Capital also issued estimates for Revolve Group's Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.19 EPS and Q4 2025 earnings at $0.16 EPS.

Several other research analysts have also commented on RVLV. Piper Sandler boosted their price objective on Revolve Group from $30.00 to $35.00 and gave the stock an "overweight" rating in a report on Wednesday. Wedbush reissued a "neutral" rating and issued a $19.00 price target on shares of Revolve Group in a research note on Wednesday, August 7th. BTIG Research raised their price objective on shares of Revolve Group from $30.00 to $35.00 and gave the company a "buy" rating in a research report on Wednesday. TD Cowen lifted their price objective on shares of Revolve Group from $28.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, UBS Group lifted their price target on Revolve Group from $25.00 to $30.00 and gave the stock a "neutral" rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $26.19.

Revolve Group Price Performance

NYSE RVLV traded down $1.47 during trading on Friday, reaching $31.47. The company's stock had a trading volume of 1,339,367 shares, compared to its average volume of 1,013,069. The firm has a fifty day moving average of $24.87 and a 200 day moving average of $21.18. Revolve Group has a one year low of $12.63 and a one year high of $33.82. The stock has a market capitalization of $2.22 billion, a PE ratio of 56.86, a P/E/G ratio of 2.97 and a beta of 2.05.

Revolve Group (NYSE:RVLV - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.05. The company had revenue of $283.15 million during the quarter, compared to analyst estimates of $271.08 million. Revolve Group had a net margin of 3.72% and a return on equity of 10.17%. Revolve Group's revenue was up 9.9% compared to the same quarter last year. During the same period last year, the business earned $0.04 earnings per share.

Insider Activity at Revolve Group

In other news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the stock in a transaction dated Thursday, September 19th. The shares were 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 Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the company's stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $25.92, for a total transaction of $168,298.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael Mente sold 200,000 shares of the firm's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $31.43, for a total value of $6,286,000.00. Following the completion of the sale, the chief executive officer now directly owns 73,000 shares of the company's stock, valued at $2,294,390. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 436,571 shares of company stock worth $12,890,034 in the last three months. 46.56% of the stock is owned by insiders.

Institutional Investors Weigh In On Revolve Group

Large investors have recently modified their holdings of the stock. Precision Wealth Strategies LLC boosted its position in shares of Revolve Group by 3.3% during the third quarter. Precision Wealth Strategies LLC now owns 12,741 shares of the company's stock valued at $316,000 after purchasing an additional 407 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Revolve Group by 1.8% during the 1st quarter. US Bancorp DE now owns 39,255 shares of the company's stock valued at $831,000 after buying an additional 677 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of Revolve Group by 249.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,126 shares of the company's stock worth $28,000 after buying an additional 804 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Revolve Group by 4.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 26,498 shares of the company's stock worth $561,000 after acquiring an additional 1,227 shares in the last quarter. Finally, Versor Investments LP lifted its position in Revolve Group by 9.0% during the 2nd quarter. Versor Investments LP now owns 16,953 shares of the company's stock valued at $270,000 after acquiring an additional 1,405 shares during the period. 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.