Revolve Group FY2025 EPS Estimate Reduced by William Blair

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

Several other analysts have also issued reports on the stock. Robert W. Baird increased their price target on shares of Revolve Group from $24.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. KeyCorp upgraded shares of Revolve Group from a “sector weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a research report on Thursday, January 23rd. Piper Sandler raised their price target on shares of Revolve Group from $30.00 to $35.00 and gave the company an “overweight” rating in a research note on Wednesday, November 6th. Stifel Nicolaus dropped their price target on shares of Revolve Group from $41.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Barclays lifted their target price on shares of Revolve Group from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Revolve Group presently has an average rating of “Moderate Buy” and an average price target of $30.57.

Revolve Group Stock Up 1.1 %

Shares of NYSE:RVLV opened at $26.55 on Friday. The company’s 50 day moving average price is $30.84 and its two-hundred day moving average price is $29.07. Revolve Group has a 12-month low of $14.87 and a 12-month high of $39.58. The firm has a market cap of $1.88 billion, a PE ratio of 47.41, a PEG ratio of 1.48 and a beta of 2.17.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RVLV. Castlekeep Investment Advisors LLC bought a new stake in Revolve Group in the fourth quarter worth about $65,000. Neo Ivy Capital Management bought a new stake in shares of Revolve Group in the fourth quarter valued at approximately $156,000. Castleark Management LLC bought a new stake in shares of Revolve Group in the fourth quarter valued at approximately $4,488,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Revolve Group by 25.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,920 shares of the company’s stock worth $3,313,000 after acquiring an additional 19,965 shares during the period. Finally, Woodline Partners LP bought a new stake in Revolve Group during the 4th quarter worth approximately $6,477,000. 67.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Michael Mente sold 98,429 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $34.87, for a total transaction of $3,432,219.23. Following the transaction, the chief executive officer now directly owns 123,000 shares in the company, valued at approximately $4,289,010. The trade was a 44.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 687,778 shares of company stock worth $22,364,908 over the last three months. 46.56% of the stock is currently owned by insiders.

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.