FY2025 EPS Estimates for Revolve Group Cut by William Blair

Revolve Group, Inc. (NYSE:RVLV) – Analysts at William Blair decreased their FY2025 EPS estimates for shares of Revolve Group in a research note issued to investors on Wednesday, February 26th. William Blair analyst D. Carden now anticipates that the company will post earnings per share of $0.59 for the year, down from their prior forecast of $0.63. The consensus estimate for Revolve Group’s current full-year earnings is $0.60 per share.

RVLV has been the subject of a number of other reports. Roth Mkm reissued 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. Piper Sandler lifted their price target on shares of Revolve Group from $30.00 to $35.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Robert W. Baird lifted their price target on shares of Revolve Group from $24.00 to $33.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. KeyCorp upgraded shares of Revolve Group from a “sector weight” rating to an “overweight” rating and set a $37.00 target price for the company in a research report on Thursday, January 23rd. Finally, Barclays boosted their target price on shares of Revolve Group from $25.00 to $26.00 and gave the company an “equal weight” rating in a research report on Wednesday. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $30.57.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $26.55 on Friday. Revolve Group has a 1 year low of $14.87 and a 1 year high of $39.58. The stock has a market cap of $1.88 billion, a P/E ratio of 47.41, a price-to-earnings-growth ratio of 1.48 and a beta of 2.17. The firm has a 50-day moving average of $30.84 and a 200 day moving average of $29.07.

Institutional Investors Weigh In On Revolve Group

A number of hedge funds have recently bought and sold shares of RVLV. JPMorgan Chase & Co. grew its holdings in shares of Revolve Group by 83.4% in the third quarter. JPMorgan Chase & Co. now owns 349,670 shares of the company’s stock worth $8,665,000 after purchasing an additional 158,960 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Revolve Group by 46.1% in the third quarter. Harbor Capital Advisors Inc. now owns 107,148 shares of the company’s stock worth $2,655,000 after acquiring an additional 33,812 shares during the period. Lisanti Capital Growth LLC purchased a new stake in Revolve Group in the third quarter worth about $2,276,000. Farther Finance Advisors LLC lifted its position in shares of Revolve Group by 249.7% during the third quarter. Farther Finance Advisors LLC now owns 1,126 shares of the company’s stock valued at $28,000 after buying an additional 804 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Revolve Group by 156.7% during the third quarter. Barclays PLC now owns 85,613 shares of the company’s stock valued at $2,122,000 after buying an additional 52,257 shares during the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Insider Transactions at Revolve Group

In related news, CEO Michael Mente sold 90,266 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $35.80, for a total transaction of $3,231,522.80. Following the sale, the chief executive officer now owns 123,000 shares of the company’s stock, valued at $4,403,400. This represents a 42.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 687,778 shares of company stock valued at $22,364,908. 46.56% of the stock is currently owned by corporate insiders.

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.