Revolve Group (RVLV) Expected to Announce Earnings on Tuesday

Revolve Group (NYSE:RVLV) will likely be releasing its earnings data after the market closes on Tuesday, February 25th. Analysts expect Revolve Group to post earnings of $0.09 per share and revenue of $283.22 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Revolve Group Trading Down 2.5 %

Shares of NYSE RVLV opened at $28.60 on Monday. The firm has a market cap of $2.02 billion, a P/E ratio of 51.06, a price-to-earnings-growth ratio of 1.48 and a beta of 2.17. Revolve Group has a 1-year low of $14.87 and a 1-year high of $39.58. The business’s 50 day moving average is $31.60 and its 200-day moving average is $28.99.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on RVLV shares. Stifel Nicolaus increased their price target on Revolve Group from $35.00 to $41.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Robert W. Baird increased their price target on Revolve Group from $24.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Evercore ISI increased their price target on Revolve Group from $21.00 to $33.00 and gave the stock an “in-line” rating in a research report on Wednesday, November 6th. KeyCorp raised Revolve Group from a “sector weight” rating to an “overweight” rating and set a $37.00 price target on the stock in a research report on Thursday, January 23rd. Finally, Piper Sandler increased their price target on Revolve Group from $30.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $29.60.

Insider Buying and Selling

In other news, CEO Michael Mente sold 44,962 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $30.93, for a total value of $1,390,674.66. Following the transaction, the chief executive officer now directly owns 73,000 shares of the company’s stock, valued at $2,257,890. The trade was a 38.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 687,778 shares of company stock worth $22,364,908 in the last 90 days. Insiders own 46.56% 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.