Revolve Group (NYSE:RVLV) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Revolve Group (NYSE:RVLV) from a hold rating to a buy rating in a research note issued to investors on Sunday morning.

Other equities research analysts have also issued research reports about the company. UBS Group set a $27.00 price objective on Revolve Group in a research note on Tuesday, January 13th. BTIG Research raised their price objective on Revolve Group from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Morgan Stanley set a $28.00 price objective on Revolve Group in a research note on Wednesday, February 25th. Roth Mkm restated a “buy” rating and set a $33.00 price objective (up from $30.00) on shares of Revolve Group in a research note on Wednesday, February 25th. Finally, TD Cowen restated a “buy” rating on shares of Revolve Group in a research note on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.50.

Revolve Group Stock Up 0.1%

Shares of NYSE RVLV opened at $27.31 on Friday. Revolve Group has a fifty-two week low of $16.80 and a fifty-two week high of $31.68. The business has a 50 day moving average price of $24.18 and a two-hundred day moving average price of $25.23. The firm has a market cap of $1.95 billion, a PE ratio of 32.13, a price-to-earnings-growth ratio of 2.73 and a beta of 1.80.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The firm had revenue of $324.37 million during the quarter, compared to analyst estimates of $305.83 million. During the same quarter last year, the firm earned $0.17 EPS. Revolve Group’s quarterly revenue was up 10.4% on a year-over-year basis. On average, analysts anticipate that Revolve Group will post 0.6 earnings per share for the current year.

Insider Activity at Revolve Group

In related news, CEO Michael Karanikolas sold 1,948 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total transaction of $50,511.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Michael Mente sold 15,972 shares of the company’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $25.90, for a total value of $413,674.80. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 172,575 shares of company stock worth $4,912,768. Corporate insiders own 46.56% of the company’s stock.

Institutional Trading of Revolve Group

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Revolve Group by 9.2% during the fourth quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock valued at $129,795,000 after purchasing an additional 360,598 shares during the last quarter. William Blair Investment Management LLC increased its stake in Revolve Group by 16.6% during the fourth quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company’s stock valued at $64,852,000 after purchasing an additional 306,547 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Revolve Group during the fourth quarter valued at $59,421,000. Balyasny Asset Management L.P. increased its stake in Revolve Group by 55.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company’s stock valued at $56,243,000 after purchasing an additional 666,784 shares during the last quarter. Finally, Marshall Wace LLP increased its stake in Revolve Group by 44.4% during the fourth quarter. Marshall Wace LLP now owns 1,489,581 shares of the company’s stock valued at $44,970,000 after purchasing an additional 458,287 shares during the last quarter. Institutional investors own 67.60% of the company’s stock.

About Revolve Group

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.