William Blair Decreases Earnings Estimates for Revolve Group

Revolve Group, Inc. (NYSE:RVLV - Free Report) - Investment analysts at William Blair reduced their FY2025 earnings estimates for Revolve Group in a research report issued to clients and investors on Wednesday, February 26th. William Blair analyst D. Carden now expects that the company will earn $0.59 per share for the year, down from their prior estimate of $0.63. The consensus estimate for Revolve Group's current full-year earnings is $0.60 per share.

Several other research analysts have also recently commented on RVLV. Piper Sandler upped their target price on shares of Revolve Group from $30.00 to $35.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 6th. Stifel Nicolaus reduced their price target on Revolve Group from $41.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, February 26th. BTIG Research lifted their price objective on shares of Revolve Group from $30.00 to $35.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. UBS Group raised their price objective on shares of Revolve Group from $25.00 to $30.00 and gave the company a "neutral" rating in a research note on Wednesday, November 6th. Finally, Roth Mkm reiterated a "buy" rating and set a $36.00 price target (up from $35.00) on shares of Revolve Group in a research report on Wednesday, February 26th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, Revolve Group currently has a consensus rating of "Moderate Buy" and an average target price of $30.57.

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Revolve Group Trading Down 3.5 %

NYSE RVLV traded down $0.87 during trading hours on Friday, reaching $24.13. The company's stock had a trading volume of 2,173,479 shares, compared to its average volume of 999,509. Revolve Group has a 52 week low of $14.87 and a 52 week high of $39.58. The stock has a market cap of $1.71 billion, a PE ratio of 43.09, a PEG ratio of 1.48 and a beta of 2.17. The business has a 50-day simple moving average of $30.66 and a 200 day simple moving average of $29.18.

Insider Activity

In other Revolve Group news, CEO Michael Mente sold 76,835 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $34.14, for a total value of $2,623,146.90. Following the sale, the chief executive officer now owns 73,000 shares of the company's stock, valued at $2,492,220. This trade represents a 51.28 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last quarter, insiders have sold 597,512 shares of company stock valued at $19,133,385. Insiders own 46.56% of the company's stock.

Institutional Investors Weigh In On Revolve Group

Several hedge funds and other institutional investors have recently modified their holdings of RVLV. Castlekeep Investment Advisors LLC acquired a new stake in Revolve Group during the 4th quarter valued at $65,000. Neo Ivy Capital Management acquired a new position in Revolve Group in the fourth quarter valued at approximately $156,000. Castleark Management LLC bought a new position in Revolve Group in the fourth quarter valued at approximately $4,488,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Revolve Group by 25.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,920 shares of the company's stock worth $3,313,000 after acquiring an additional 19,965 shares during the period. Finally, Woodline Partners LP acquired a new position in shares of Revolve Group in the 4th quarter valued at $6,477,000. Institutional investors and hedge funds own 67.60% of the company's stock.

About Revolve Group

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.