Revolve Group, Inc. (NYSE:RVLV – Get Free Report) has been assigned a consensus recommendation of “Hold” from the seventeen ratings firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $20.50.
RVLV has been the topic of several research reports. BTIG Research boosted their price target on shares of Revolve Group from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. Robert W. Baird boosted their price target on shares of Revolve Group from $19.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, May 8th. BMO Capital Markets boosted their price target on shares of Revolve Group from $13.00 to $15.00 and gave the company a “market perform” rating in a research report on Wednesday, May 8th. Stifel Nicolaus boosted their price target on shares of Revolve Group from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $25.00 price target on shares of Revolve Group in a research report on Friday, May 17th.
Read Our Latest Analysis on RVLV
Institutional Trading of Revolve Group
Revolve Group Stock Performance
Revolve Group stock opened at $15.91 on Friday. Revolve Group has a fifty-two week low of $12.25 and a fifty-two week high of $23.19. The stock has a market cap of $1.13 billion, a PE ratio of 46.79, a price-to-earnings-growth ratio of 2.09 and a beta of 2.12. The firm’s 50-day simple moving average is $18.96 and its 200 day simple moving average is $18.25.
Revolve Group (NYSE:RVLV – Get Free Report) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.07. The business had revenue of $270.60 million for the quarter, compared to analysts’ expectations of $271.80 million. Revolve Group had a net margin of 2.34% and a return on equity of 6.30%. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.19 earnings per share. As a group, analysts predict that Revolve Group will post 0.47 EPS for the current fiscal year.
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.
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