BTIG Research Reiterates Buy Rating for Revolve Group (NYSE:RVLV)

Revolve Group (NYSE:RVLV)‘s stock had its “buy” rating restated by research analysts at BTIG Research in a report released on Wednesday,Benzinga reports. They presently have a $35.00 price objective on the stock. BTIG Research’s price objective indicates a potential upside of 49.27% from the stock’s previous close.

RVLV has been the subject of a number of other reports. Zacks Research lowered Revolve Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Wall Street Zen upgraded Revolve Group from a “hold” rating to a “buy” rating in a report on Sunday, April 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Revolve Group in a report on Tuesday, April 21st. Roth Mkm reiterated a “buy” rating and set a $33.00 price target (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Finally, Morgan Stanley set a $28.00 price target on Revolve Group in a report on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.50.

Revolve Group Stock Down 0.1%

NYSE:RVLV opened at $23.45 on Wednesday. Revolve Group has a 12 month low of $16.80 and a 12 month high of $31.68. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 27.59, a P/E/G ratio of 2.35 and a beta of 1.76. The company’s 50 day moving average is $24.34 and its 200-day moving average is $25.57.

Revolve Group (NYSE:RVLV) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. The company had revenue of $342.88 million for the quarter, compared to analyst estimates of $328.84 million. During the same quarter last year, the firm posted $0.16 earnings per share. The company’s quarterly revenue was up 15.6% compared to the same quarter last year. Research analysts predict that Revolve Group will post 0.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Michael Karanikolas sold 1,948 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael Mente sold 60,923 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $26.43, for a total value of $1,610,194.89. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 152,806 shares of company stock valued at $4,014,390. Corporate insiders own 42.67% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RVLV. Kestra Advisory Services LLC acquired a new position in shares of Revolve Group in the fourth quarter valued at $40,000. State of Alaska Department of Revenue acquired a new position in shares of Revolve Group in the third quarter valued at $46,000. Quarry LP raised its stake in shares of Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after purchasing an additional 3,674 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Revolve Group in the third quarter valued at $125,000. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in shares of Revolve Group by 50.0% in the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock valued at $136,000 after purchasing an additional 1,500 shares in the last quarter. 67.60% of the stock is currently owned by institutional investors and hedge funds.

Revolve Group Company Profile

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.