Market Highlights: REV Group Inc (REVG) Ends on a High Note at 25.31

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of REV Group Inc (NYSE: REVG) closed at $25.31 in the last session, up 2.22% from day before closing price of $24.76. In other words, the price has increased by $2.22 from its previous closing price. On the day, 0.79 million shares were traded. REVG stock price reached its highest trading level at $25.66 during the session, while it also had its lowest trading level at $24.94.

Ratios:

We take a closer look at REVG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.65.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on June 11, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $29.50.

On September 27, 2023, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $16 to $20.

Robert W. Baird Upgraded its Neutral to Outperform on March 06, 2023, while the target price for the stock was maintained at $16.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when AMERICAN INDUSTRIAL PARTNERS C sold 7,395,191 shares for $17.25 per share. The transaction valued at 127,567,045 led to the insider holds 1,767,314 shares of the business.

AMERICAN INDUSTRIAL PARTNERS C sold 18,400,000 shares of REVG for $289,938,000 on Feb 20 ’24. The 10% Owner now owns 9,162,505 shares after completing the transaction at $15.76 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REVG now has a Market Capitalization of 1313955968 and an Enterprise Value of 1529155456. As of this moment, REV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.19, and their Forward P/E ratio for the next fiscal year is 11.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 3.46. Its current Enterprise Value per Revenue stands at 0.594 whereas that against EBITDA is 10.868.

Stock Price History:

The Beta on a monthly basis for REVG is 1.61, which has changed by 0.9247148 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, REVG has reached a high of $28.59, while it has fallen to a 52-week low of $10.59. The 50-Day Moving Average of the stock is -0.86%, while the 200-Day Moving Average is calculated to be 35.98%.

Shares Statistics:

According to the various share statistics, REVG traded on average about 810.02K shares per day over the past 3-months and 905220 shares per day over the past 10 days. A total of 59.51M shares are outstanding, with a floating share count of 48.97M. Insiders hold about 5.67% of the company’s shares, while institutions hold 94.96% stake in the company. Shares short for REVG as of 1718323200 were 2110222 with a Short Ratio of 3.26, compared to 1715731200 on 1922663. Therefore, it implies a Short% of Shares Outstanding of 2110222 and a Short% of Float of 9.090000400000001.

Dividends & Splits

The forward annual dividend rate for REVG is 0.20, which was 0.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.008077544The stock’s 5-year Average Dividend Yield is 1.5.

Most Popular