Revolve Group FY2025 EPS Forecast Reduced by William Blair

Revolve Group, Inc. (NYSE:RVLV) – Research analysts at William Blair cut their FY2025 earnings per share (EPS) estimates for shares of Revolve Group in a report released on Wednesday, February 26th. William Blair analyst D. Carden now forecasts that the company will earn $0.59 per share for the year, down from their previous estimate of $0.63. The consensus estimate for Revolve Group’s current full-year earnings is $0.60 per share.

Several other brokerages have also recently weighed in on RVLV. TD Cowen increased their target price on Revolve Group from $28.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. BTIG Research increased 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, November 6th. UBS Group raised their target price on shares of Revolve Group from $25.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. BMO Capital Markets upped their price target on shares of Revolve Group from $15.00 to $19.00 and gave the company a “market perform” rating in a report on Wednesday. Finally, Robert W. Baird increased their price target on shares of Revolve Group from $24.00 to $33.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $30.57.

Revolve Group Stock Up 1.1 %

NYSE RVLV opened at $26.55 on Friday. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 47.41, a PEG ratio of 1.48 and a beta of 2.17. The company has a 50-day simple moving average of $30.84 and a two-hundred day simple moving average of $29.12. Revolve Group has a 12-month low of $14.87 and a 12-month high of $39.58.

Institutional Investors Weigh In On Revolve Group

Hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake 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 purchasing an additional 804 shares in the last quarter. Venturi Wealth Management LLC grew its stake in shares of Revolve Group by 1,302.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,346 shares of the company’s stock worth $45,000 after buying an additional 1,250 shares during the last quarter. Sugar Maple Asset Management LLC bought a new position in Revolve Group during the 4th quarter valued at approximately $50,000. Castlekeep Investment Advisors LLC purchased a new position in Revolve Group during the fourth quarter valued at $65,000. Finally, Northwest & Ethical Investments L.P. bought a new stake in Revolve Group in the fourth quarter worth $87,000. Institutional investors own 67.60% of the company’s stock.

Insider Activity

In related news, CEO Michael Mente sold 90,266 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $35.80, for a total value of $3,231,522.80. Following the completion of the transaction, the chief executive officer now directly owns 123,000 shares in the company, valued at $4,403,400. This trade represents a 42.33 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 687,778 shares of company stock worth $22,364,908 in the last quarter. 46.56% of the stock is owned by company 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.