Roth Capital Raises Earnings Estimates for Revolve Group

Revolve Group, Inc. (NYSE:RVLV) – Stock analysts at Roth Capital boosted their FY2024 earnings per share (EPS) estimates for shares of Revolve Group in a note issued to investors on Wednesday, November 6th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of $0.61 for the year, up from their prior estimate of $0.60. The consensus estimate for Revolve Group’s current full-year earnings is $0.56 per share. Roth Capital also issued estimates for Revolve Group’s Q3 2025 earnings at $0.19 EPS, FY2025 earnings at $0.69 EPS and FY2026 earnings at $0.90 EPS.

RVLV has been the topic of several other research reports. Robert W. Baird raised 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. Piper Sandler lifted their price target on Revolve Group from $30.00 to $35.00 and gave the stock an “overweight” rating in a report on Wednesday. TD Cowen raised their target price on Revolve Group from $28.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday. Wedbush reiterated a “neutral” rating and issued a $19.00 target price on shares of Revolve Group in a research note on Wednesday, August 7th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $35.00 price objective (up previously from $29.00) on shares of Revolve Group in a research note on Wednesday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $26.19.

Revolve Group Trading Up 27.8 %

Revolve Group stock opened at $33.26 on Thursday. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 73.91, a price-to-earnings-growth ratio of 2.43 and a beta of 2.05. The firm’s fifty day moving average price is $24.47 and its two-hundred day moving average price is $21.01. Revolve Group has a 1-year low of $12.63 and a 1-year high of $33.82.

Revolve Group (NYSE:RVLV) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.06. Revolve Group had a return on equity of 8.35% and a net margin of 3.08%. The business had revenue of $283.15 million for the quarter, compared to analyst estimates of $271.08 million. During the same quarter in the prior year, the company earned $0.04 earnings per share. The company’s quarterly revenue was up 9.9% on a year-over-year basis.

Hedge Funds Weigh In On Revolve Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Precision Wealth Strategies LLC grew its stake in shares of Revolve Group by 3.3% during the 3rd quarter. Precision Wealth Strategies LLC now owns 12,741 shares of the company’s stock worth $316,000 after purchasing an additional 407 shares during the period. US Bancorp DE raised its holdings in Revolve Group by 1.8% in the 1st quarter. US Bancorp DE now owns 39,255 shares of the company’s stock valued at $831,000 after acquiring an additional 677 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Revolve Group by 249.7% in the 3rd 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 during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Revolve Group by 4.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 26,498 shares of the company’s stock worth $561,000 after acquiring an additional 1,227 shares during the last quarter. Finally, Versor Investments LP raised its position in Revolve Group by 9.0% in the second quarter. Versor Investments LP now owns 16,953 shares of the company’s stock valued at $270,000 after purchasing an additional 1,405 shares during the period. 67.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Michael Mente sold 200,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $31.43, for a total value of $6,286,000.00. Following the transaction, the chief executive officer now directly owns 73,000 shares of the company’s stock, valued at approximately $2,294,390. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Michael Mente sold 200,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $31.43, for a total transaction of $6,286,000.00. Following the completion of the transaction, the chief executive officer now owns 73,000 shares in the company, valued at approximately $2,294,390. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Mmmk Development, Inc. sold 33,164 shares of the company’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $26.26, for a total transaction of $870,886.64. The disclosure for this sale can be found here. In the last quarter, insiders sold 344,946 shares of company stock valued at $10,075,314. Corporate 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.