![]() Top 10 Mutual Funds Holding Revolve Group Inc Mutual fund Top 10 Owners of Revolve Group Inc Stockholder INDECAP FONDER AB Bought 1.4 Thousand shares of Revolve Group Inc Bought 3.0 Thousand shares of Revolve Group Inc NFS CAPITAL AG Bought 6.5 Thousand shares of Revolve Group Inc As always, investors must carefully consider these factors before making financial decisions.Transactions Latest Institutional Activity In conclusion, although Ke圜orp’s report contains worrying news for investors in Revolve Group Inc., institutional investors seem divided on how they interpret this information as some are investing more capital while some are pulling back or remain stagnant with their current shares. These developments demonstrate that while some investors may have doubts about Revolve Group’s future performance, others still view it as a sound investment opportunity. Proficio Capital Partners LLC grew their stake by 7.6% during Q1 of 2021 and now owns over 10,000 shares. BloombergSen Inc., on the other hand, grew its position by 26.7% during Q4 of 2020. Spire Wealth Management also boosted its holdings by 33.6%. For example, Arizona State Retirement System recently increased its position by 3.9%, while Rhumbline Advisers lifted its holdings by 1.5%. ![]() Some have even added to their stakes while others have decided to reduce them. This reduction is significant and could result in a decline in investor confidence.ĭespite experiencing ups and downs, institutional investors continue to show interest in Revolve Group’s stock. Zatzkin predicts that Revolve Group’s earnings for the current full-year will be $0.79 per share instead of their previous forecast of $0.98 per share. However, this recent news may put a damper on its future potential. The company went public in June 2019 and has since seen a strong performance in the stock market. Revolve Group is an online fashion retailer that offers a wide range of clothing and accessories, catering primarily to millennial women. According to the report, Ke圜orp has reduced their FY2024 earnings per share (EPS) estimates for the company, leading to concerns among investors. (NYSE:RVLV) has caused a stir in the financial world. The recent report released by Ke圜orp about Revolve Group Inc. Ke圜orp Report Sparks Concern Among Investors Over Revolve Group’s Future Earnings Overall there appears to be mixed opinions surrounding Revolve Group as it navigates its customer base’s ever-changing tastes – but with revenues still topping anticipated growth quarters consistently paired with reasonable PEG ratios – it’s safe to say that the company is not one to be ignored. Their net margin is solid at 4.58%, and return on equity sits currently at 13%. ![]() However, the company remains optimistic about their quarterly earnings in May they released results reporting that Revolve Group earned $0.19 per share in Q1 versus the expected estimate of $0.15 per share – ending up at earning four cents more than anticipated earnings by analysts. Within these segments, customers can select from an array of premium apparel, footwear, accessories, and beauty products that are constantly being updated to ensure the latest trends are available.ĭespite the company’s offerings appearing promising for younger demographics, news sources report that several other research firms have reduced their price targets on shares of Revolve Group over time BMO Capital Markets lowered theirs from $22 to $17 in a recent research note while Bloomberg data omits any “buy” ratings entirely and cites two “sell” ratings for the stock. Revolve Group provides next-generation fashion options for both millennial and generation Z consumers through two operating segments: Revolve and Forward (FWRD). The company has a market capitalization of $1.34 billion and features a quick ratio of 1.67, a current ratio of 2.85, and a debt-to-equity ratio of 0.10. The stock’s 50-day moving average price is $24.00, while its 200-day moving average price is set at $24.63. On Monday, Revolve Group (NYSE:RVLV) opened at $18.29, with a 52-week low of $17.02 and a high of $33.88. Revolve Group: A Retailer for Millennial and Generation Z Consumers
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