Roth Capital Predicts Stronger Earnings for Revolve Group

Revolve Group, Inc. (NYSE:RVLV) – Equities research analysts at Roth Capital lifted their Q3 2024 EPS estimates for shares of Revolve Group in a report issued on Tuesday, October 29th. Roth Capital analyst M. Koranda now expects that the company will post earnings per share of $0.12 for the quarter, up from their prior forecast of $0.10. The consensus estimate for Revolve Group’s current full-year earnings is $0.55 per share. Roth Capital also issued estimates for Revolve Group’s Q3 2025 earnings at $0.18 EPS and FY2025 earnings at $0.67 EPS.

Other equities analysts also recently issued reports about the company. Morgan Stanley reissued an “equal weight” rating and issued a $26.00 price objective (up from $17.00) on shares of Revolve Group in a report on Monday, October 21st. BTIG Research raised their price target on Revolve Group from $24.00 to $26.00 and gave the company a “buy” rating in a report on Friday, August 16th. Piper Sandler restated an “overweight” rating and set a $30.00 price objective on shares of Revolve Group in a research note on Friday, August 23rd. Barclays increased their target price on shares of Revolve Group from $15.00 to $17.00 and gave the company an “underweight” rating in a research report on Wednesday, October 2nd. Finally, TD Cowen boosted their price target on shares of Revolve Group from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $22.44.

Revolve Group Stock Up 0.7 %

Shares of NYSE:RVLV opened at $24.99 on Friday. The firm has a 50-day simple moving average of $24.38 and a 200 day simple moving average of $20.89. The company has a market cap of $1.76 billion, a PE ratio of 55.52, a P/E/G ratio of 2.44 and a beta of 2.05. Revolve Group has a fifty-two week low of $12.42 and a fifty-two week high of $26.72.

Revolve Group (NYSE:RVLV) last posted its earnings results on Tuesday, August 6th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.08. The business had revenue of $282.50 million for the quarter, compared to analysts’ expectations of $277.06 million. Revolve Group had a net margin of 3.08% and a return on equity of 8.35%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share.

Insider Buying and Selling at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 36,114 shares of the business’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 transaction, the chief executive officer now directly owns 73,000 shares in the company, valued at $1,894,350. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Revolve Group news, major shareholder Mmmk Development, Inc. sold 33,164 shares of the company’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $26.26, for a total transaction of $870,886.64. The transaction was disclosed in a filing with the SEC, which is available at this link. 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 completion of the transaction, the chief executive officer now owns 73,000 shares in the company, valued at approximately $1,894,350. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 124,573 shares of company stock worth $3,260,634 over the last three months. Company insiders own 46.56% of the company’s stock.

Hedge Funds Weigh In On Revolve Group

A number of hedge funds and other institutional investors have recently made changes to their positions in RVLV. Farther Finance Advisors LLC increased its position in Revolve Group by 249.7% during the third quarter. Farther Finance Advisors LLC now owns 1,126 shares of the company’s stock worth $28,000 after buying an additional 804 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in Revolve Group by 91.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,069 shares of the company’s stock valued at $65,000 after acquiring an additional 1,940 shares in the last quarter. Quarry LP bought a new stake in shares of Revolve Group during the 2nd quarter valued at $68,000. American Century Companies Inc. acquired a new stake in shares of Revolve Group during the 2nd quarter worth $165,000. Finally, nVerses Capital LLC bought a new position in shares of Revolve Group in the third quarter worth $171,000. 67.60% of the stock is owned by institutional investors.

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.