Raymond James analyst Aaron Kessler maintained a Buy rating on Revolve Group (NYSE:RVLV) on Wednesday, setting a price target of $32, which is approximately 42.60% above the present share price of $22.44.
Kessler expects Revolve Group to post earnings per share (EPS) of $0.21 for the fourth quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Revolve Group, with an average price target of $24.69.
The analysts price targets range from a high of $32 to a low of $18.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $142.78 million and a net profit of $18.8 million. The company's market cap is $1.56 billion.
According to TipRanks.com, Raymond James analyst Aaron Kessler is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.6% and a 72.98% success rate.
Revolve Group, Inc. engages in the retail of next-generation fashion for millenial consumers. It operates through the following segments: Revolve and Forward. The Revolve segment offers assortment of apparel and footwear, accessories and beauty products from emerging, established and owned brands. The Forward segment provides luxury products. The company was founded by Michael Mente and Mike Karanikolas in 2003 and is headquartered in Cerritos, CA.