Revolve Group FY2024 EPS Estimate Boosted by Roth Capital

Revolve Group, Inc. (NYSE:RVLV) – Investment analysts at Roth Capital raised their FY2024 earnings per share (EPS) estimates for shares of Revolve Group in a research note issued to investors on Wednesday, November 6th. Roth Capital analyst M. Koranda now expects 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.

Revolve Group (NYSE:RVLV) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. Revolve Group had a return on equity of 8.35% and a net margin of 3.08%. The company had revenue of $283.15 million for the quarter, compared to analysts’ expectations of $271.08 million. During the same period in the prior year, the firm earned $0.04 earnings per share. The firm’s revenue was up 9.9% compared to the same quarter last year.

Several other brokerages have also recently issued reports on RVLV. Piper Sandler increased their price objective on Revolve Group from $30.00 to $35.00 and gave the company an “overweight” rating in a research note on Wednesday. Robert W. Baird lifted their price objective on Revolve Group from $24.00 to $33.00 and gave the company a “neutral” rating in a research note on Wednesday. TD Cowen upped their target price on shares of Revolve Group from $28.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday. Wedbush reaffirmed a “neutral” rating and issued a $19.00 target price on shares of Revolve Group in a report on Wednesday, August 7th. Finally, Evercore ISI increased their price objective on shares of Revolve Group from $21.00 to $33.00 and gave the company an “in-line” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $26.19.

Revolve Group Stock Down 1.0 %

Shares of RVLV stock opened at $32.94 on Thursday. The firm has a 50 day moving average of $24.67 and a two-hundred day moving average of $21.09. The stock has a market capitalization of $2.33 billion, a PE ratio of 73.91, a P/E/G ratio of 2.43 and a beta of 2.05. Revolve Group has a 52 week low of $12.63 and a 52 week high of $33.82.

Insider Buying and Selling at Revolve Group

In other news, major shareholder Mmmk Development, Inc. sold 6,493 shares of Revolve Group stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $25.92, for a total transaction of $168,298.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CEO Michael Mente sold 36,114 shares of the company’s stock in a transaction on 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 sale, the chief executive officer now owns 73,000 shares in the company, valued at $1,894,350. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Mmmk Development, Inc. sold 6,493 shares of the firm’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $25.92, for a total transaction of $168,298.56. The disclosure for this sale can be found here. Insiders sold 344,946 shares of company stock worth $10,075,314 over the last 90 days. Corporate insiders own 46.56% of the company’s stock.

Institutional Investors Weigh In On Revolve Group

Several hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC raised its stake in shares of 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 purchasing an additional 804 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake 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 buying an additional 1,940 shares during the period. Quarry LP purchased a new position in Revolve Group during the 2nd quarter worth $68,000. American Century Companies Inc. acquired a new stake in shares of Revolve Group in the 2nd quarter worth $165,000. Finally, nVerses Capital LLC purchased a new stake in shares of Revolve Group in the third quarter valued at about $171,000. Institutional investors and hedge funds own 67.60% 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.