Zacks Research cut shares of Revolve Group (NYSE:RVLV – Free Report) from a hold rating to a strong sell rating in a research note published on Wednesday morning,Zacks reports.
RVLV has been the subject of several other reports. Stifel Nicolaus set a $31.00 price objective on Revolve Group in a research report on Wednesday. Morgan Stanley set a $25.00 price objective on Revolve Group in a research note on Wednesday. Wall Street Zen lowered Revolve Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Raymond James Financial decreased their target price on Revolve Group from $28.00 to $25.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. Finally, BTIG Research reiterated a “buy” rating and issued a $35.00 target price on shares of Revolve Group in a report on Wednesday, October 28th. Eight research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.17.
Read Our Latest Stock Analysis on RVLV
Revolve Group Stock Down 4.8%
RVLV opened at $19.02 on Wednesday. Revolve Group has a twelve month low of $17.35 and a twelve month high of $31.68. The company has a fifty day moving average of $21.53 and a 200-day moving average of $23.18. The stock has a market cap of $1.35 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 2.66 and a beta of 1.62.
Revolve Group (NYSE:RVLV – Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). The firm had revenue of $355.96 million during the quarter, compared to analyst estimates of $345.49 million. Revolve Group had a net margin of 4.81% and a return on equity of 12.34%. Revolve Group’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.29 EPS. Sell-side analysts anticipate that Revolve Group will post 0.76 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Cooper Creek Partners Management LLC raised its stake in Revolve Group by 36.7% during the 1st quarter. Cooper Creek Partners Management LLC now owns 2,069,237 shares of the company’s stock worth $46,785,000 after buying an additional 555,153 shares during the period. Bank of America Corp DE boosted its holdings in Revolve Group by 48.2% in the first quarter. Bank of America Corp DE now owns 624,985 shares of the company’s stock worth $14,131,000 after acquiring an additional 203,216 shares in the last quarter. Segall Bryant & Hamill LLC grew its stake in Revolve Group by 63.0% in the first quarter. Segall Bryant & Hamill LLC now owns 513,621 shares of the company’s stock valued at $11,613,000 after acquiring an additional 198,448 shares during the period. Madison Asset Management LLC acquired a new stake in Revolve Group in the second quarter valued at approximately $2,946,000. Finally, Walleye Capital LLC bought a new stake in shares of Revolve Group during the first quarter valued at approximately $2,871,000. 67.60% of the stock is owned by institutional investors.
Key Stories Impacting Revolve Group
Here are the key news stories impacting Revolve Group this week:
- Positive Sentiment: Q3 revenue grew 20.4% year over year to $355.96 million, beating consensus, with customer and order growth contributing to the increase. Zacks report on Q3 results
- Neutral Sentiment: Piper Sandler lowered its price target from $30 to $26 but retained an Overweight rating; TD Cowen cut its target from $31 to $25 while maintaining Buy. UBS also reduced its target, from $27 to $26, and kept its Neutral rating. The cuts temper expectations, though Piper and TD Cowen remain bullish. Piper Sandler price-target report
- Negative Sentiment: Q3 earnings per share of $0.20 missed the $0.22 consensus estimate and declined from $0.29 a year earlier. Rising operating and shipping costs are pressuring profitability; Revolve indicated Q4 gross margin of 52.3%–52.8%, with fuel surcharges adding to shipping expenses. These margin concerns help explain the cautious reaction despite revenue growth. Report on costs and margin pressure
About Revolve Group
Revolve Group, Inc operates a digital commerce platform focused on fashion and lifestyle products. Through its REVOLVE and FWRD platforms, the company offers women’s and men’s apparel, footwear, accessories, beauty products and other lifestyle merchandise from established and emerging brands. Its portfolio also includes proprietary and exclusive brands, including superdown and Song of Style.
The company primarily reaches customers through its e-commerce websites and mobile experiences, supported by influencer marketing, social media, content creation and data-driven merchandising.
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