Roth Capital Cuts Earnings Estimates for Revolve Group

Revolve Group, Inc. (NYSE:RVLV) – Equities researchers at Roth Capital lowered their Q4 2024 EPS estimates for Revolve Group in a report issued on Wednesday, November 6th. Roth Capital analyst M. Koranda now expects that the company will post earnings of $0.09 per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for Revolve Group’s current full-year earnings is $0.60 per share. Roth Capital also issued estimates for Revolve Group’s Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.19 EPS and Q4 2025 earnings at $0.16 EPS.

Other equities research analysts have also issued research reports about the stock. UBS Group boosted their price objective on shares of Revolve Group from $25.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday. Piper Sandler boosted their price target on Revolve Group from $30.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wedbush reaffirmed a “neutral” rating and set a $19.00 price objective on shares of Revolve Group in a research report on Wednesday, August 7th. TD Cowen lifted their price objective on Revolve Group from $28.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Roth Mkm reissued a “buy” rating and issued a $35.00 target price (up from $29.00) on shares of Revolve Group in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $26.19.

Revolve Group Stock Performance

Shares of NYSE:RVLV opened at $31.47 on Friday. The firm has a market capitalization of $2.22 billion, a P/E ratio of 56.20, a P/E/G ratio of 2.97 and a beta of 2.05. The stock has a 50 day moving average price of $25.04 and a 200-day moving average price of $21.27. Revolve Group has a 52-week low of $12.63 and a 52-week high of $33.82.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.10 by $0.05. The business had revenue of $283.15 million during the quarter, compared to analyst estimates of $271.08 million. Revolve Group had a net margin of 3.72% and a return on equity of 10.17%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.04 EPS.

Insider Buying and Selling at Revolve Group

In related news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $25.92, for a total value of $168,298.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Revolve Group news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $25.92, for a total value of $168,298.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael Mente sold 36,114 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $25.95, for a total value of $937,158.30. Following the sale, the chief executive officer now directly owns 73,000 shares in the company, valued at approximately $1,894,350. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 436,571 shares of company stock valued at $12,890,034. Company insiders own 46.56% of the company’s stock.

Institutional Trading of Revolve Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its holdings in shares of Revolve Group by 249.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,126 shares of the company’s stock worth $28,000 after acquiring an additional 804 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its position in Revolve Group by 91.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,069 shares of the company’s stock worth $65,000 after purchasing an additional 1,940 shares during the last quarter. Quarry LP purchased a new stake in Revolve Group during the second quarter valued at $68,000. American Century Companies Inc. purchased a new stake in Revolve Group during the second quarter valued at $165,000. Finally, nVerses Capital LLC bought a new position in Revolve Group during the third quarter valued at $171,000. 67.60% of the stock is currently owned by institutional investors.

About Revolve Group

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.