What is KeyCorp’s Estimate for Revolve Group Q4 Earnings?

Revolve Group, Inc. (NYSE:RVLV) – Research analysts at KeyCorp issued their Q4 2024 earnings per share (EPS) estimates for shares of Revolve Group in a research report issued to clients and investors on Wednesday, January 22nd. KeyCorp analyst A. Owens anticipates that the company will post earnings per share of $0.10 for the quarter. KeyCorp has a “Overweight” rating and a $37.00 price target on the stock. The consensus estimate for Revolve Group’s current full-year earnings is $0.60 per share. KeyCorp also issued estimates for Revolve Group’s FY2025 earnings at $0.74 EPS.

RVLV has been the subject of several other research reports. TD Cowen lifted their price objective on shares of Revolve Group from $28.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Roth Mkm reaffirmed a “buy” rating and issued a $35.00 price target (up previously from $29.00) on shares of Revolve Group in a research report on Wednesday, November 6th. Piper Sandler increased 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. 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 research note on Monday, October 21st. Finally, BTIG Research upped their price objective on shares of Revolve Group from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Revolve Group currently has an average rating of “Moderate Buy” and a consensus price target of $29.60.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $31.54 on Friday. Revolve Group has a one year low of $14.04 and a one year high of $39.58. The business’s 50-day moving average price is $33.78 and its two-hundred day moving average price is $27.14. The company has a market capitalization of $2.23 billion, a P/E ratio of 56.33, a price-to-earnings-growth ratio of 1.58 and a beta of 2.18.

Revolve Group (NYSE:RVLV) last released its earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.05. Revolve Group had a return on equity of 10.17% and a net margin of 3.72%. The company had revenue of $283.15 million for the quarter, compared to analysts’ expectations of $271.08 million. During the same quarter in the previous year, the business posted $0.04 EPS. The business’s revenue for the quarter was up 9.9% on a year-over-year basis.

Insider Transactions at Revolve Group

In other news, CFO Jesse Timmermans sold 91,625 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $30.72, for a total transaction of $2,814,720.00. Following the completion of the transaction, the chief financial officer now directly owns 3,054 shares in the company, valued at approximately $93,818.88. The trade was a 96.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael Mente sold 20,373 shares of Revolve Group stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $25.95, for a total transaction of $528,679.35. 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 21.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 900,807 shares of company stock worth $29,507,102 in the last quarter. 46.56% of the stock is owned by company insiders.

Institutional Investors Weigh In On Revolve Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position 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 acquiring an additional 804 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new stake in shares of Revolve Group in the 4th quarter valued at approximately $50,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of Revolve Group by 91.1% in the second 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 in the last quarter. Quarry LP acquired a new position in Revolve Group during the second quarter worth $68,000. Finally, Dakota Wealth Management acquired a new position in Revolve Group during the fourth quarter worth $211,000. 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.