Revolve Group (NYSE:RVLV) Hits New 12-Month Low – What’s Next?
by Jessica Moore · The Cerbat GemRevolve Group, Inc. (NYSE:RVLV – Get Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as $17.86 and last traded at $17.72, with a volume of 71604 shares changing hands. The stock had previously closed at $18.68.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the company. Zacks Research cut Revolve Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. BTIG Research restated a “buy” rating and set a $35.00 target price on shares of Revolve Group in a research report on Wednesday, May 6th. UBS Group cut their target price on Revolve Group from $31.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a research note on Tuesday, April 21st. Finally, Raymond James Financial set a $28.00 target price on Revolve Group in a research note on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.33.
Check Out Our Latest Stock Report on Revolve Group
Revolve Group Stock Performance
The business has a 50 day simple moving average of $23.79 and a two-hundred day simple moving average of $25.50. The firm has a market capitalization of $1.26 billion, a P/E ratio of 19.94, a price-to-earnings-growth ratio of 2.01 and a beta of 1.76.
Revolve Group (NYSE:RVLV – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The firm had revenue of $342.88 million during the quarter, compared to analyst estimates of $328.84 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue was up 15.6% compared to the same quarter last year. On average, equities analysts anticipate that Revolve Group, Inc. will post 0.86 earnings per share for the current fiscal year.
Insider Activity
In related news, CEO Michael Karanikolas sold 1,948 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael Mente sold 15,640 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total value of $406,640.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 137,161 shares of company stock worth $3,605,587 over the last three months. 42.67% of the stock is owned by insiders.
Institutional Trading of Revolve Group
Hedge funds and other institutional investors have recently modified their holdings of the business. Tudor Investment Corp ET AL boosted its stake in Revolve Group by 197.1% during the third quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company’s stock worth $9,275,000 after acquiring an additional 288,868 shares in the last quarter. Landscape Capital Management L.L.C. grew its position in Revolve Group by 126.6% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 240,622 shares of the company’s stock valued at $5,125,000 after purchasing an additional 134,451 shares during the last quarter. Divisadero Street Capital Management LP purchased a new stake in Revolve Group during the 3rd quarter valued at about $5,110,000. Algert Global LLC grew its position in Revolve Group by 23.9% during the 3rd quarter. Algert Global LLC now owns 676,936 shares of the company’s stock valued at $14,419,000 after purchasing an additional 130,455 shares during the last quarter. Finally, New York State Common Retirement Fund grew its position in Revolve Group by 24.6% during the 3rd quarter. New York State Common Retirement Fund now owns 205,265 shares of the company’s stock valued at $4,372,000 after purchasing an additional 40,562 shares during the last quarter. 67.60% of the stock is owned by hedge funds and other institutional investors.
About Revolve Group
Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.
Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.