William Blair Reduces Earnings Estimates for Revolve Group

Revolve Group, Inc. (NYSE:RVLV) – Equities research analysts at William Blair lowered their FY2025 earnings per share (EPS) estimates for Revolve Group in a report released on Wednesday, February 26th. William Blair analyst D. Carden now expects that the company will post earnings per share of $0.59 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.

Other equities research analysts also recently issued research reports about the company. Piper Sandler upped their price objective on Revolve Group from $30.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. TD Cowen boosted 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, November 6th. Evercore ISI increased their price target 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, November 6th. Robert W. Baird boosted their price objective on shares of Revolve Group from $24.00 to $33.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $36.00 target price (up previously from $35.00) on shares of Revolve Group in a research note on Wednesday. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Revolve Group presently has a consensus rating of “Moderate Buy” and an average price target of $29.93.

Revolve Group Stock Performance

Shares of Revolve Group stock opened at $26.23 on Friday. The firm has a fifty day moving average of $30.99 and a two-hundred day moving average of $29.04. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 46.83, a PEG ratio of 1.48 and a beta of 2.17. Revolve Group has a 52 week low of $14.87 and a 52 week high of $39.58.

Hedge Funds Weigh In On Revolve Group

A number of large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in shares of Revolve Group by 249.7% in the third 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. Venturi Wealth Management LLC increased its stake in Revolve Group by 1,302.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,346 shares of the company’s stock valued at $45,000 after buying an additional 1,250 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new stake in Revolve Group in the 4th quarter valued at $50,000. Castlekeep Investment Advisors LLC bought a new stake in Revolve Group during the 4th quarter worth about $65,000. Finally, Northwest & Ethical Investments L.P. acquired a new position in shares of Revolve Group during the 4th quarter worth about $87,000. Institutional investors and hedge funds own 67.60% of the company’s stock.

Insider Buying and Selling

In related news, CEO Michael Mente sold 44,962 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $30.93, for a total transaction of $1,390,674.66. Following the completion of the transaction, the chief executive officer now directly owns 73,000 shares in the company, valued at approximately $2,257,890. This trade represents a 38.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 687,778 shares of company stock worth $22,364,908 over the last ninety days. Company insiders own 46.56% of the company’s stock.

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.