In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, REV Group Inc (NYSE: REVG) closed at $29.60 down -0.87% from its previous closing price of $29.86. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 0.98 million shares were traded. REVG stock price reached its highest trading level at $30.33 during the session, while it also had its lowest trading level at $29.53.
Ratios:
For a deeper understanding of REV Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 615.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.61.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 18 ’24 when Dutil Charles sold 12,500 shares for $28.50 per share. The transaction valued at 356,250 led to the insider holds 41,628 shares of the business.
AMERICAN INDUSTRIAL PARTNERS C sold 7,395,191 shares of REVG for $127,567,045 on Mar 15 ’24. The No longer a 10% owner. now owns 1,767,314 shares after completing the transaction at $17.25 per share. On Feb 20 ’24, another insider, AMERICAN INDUSTRIAL PARTNERS C, who serves as the 10% Owner of the company, sold 18,400,000 shares for $15.76 each. As a result, the insider received 289,938,000 and left with 9,162,505 shares of the company.
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 1552676864 and an Enterprise Value of 1737757056. As of this moment, REV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.08, and their Forward P/E ratio for the next fiscal year is 13.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 3.90. Its current Enterprise Value per Revenue stands at 0.702 whereas that against EBITDA is 11.57.
Stock Price History:
Over the past 52 weeks, REVG has reached a high of $32.74, while it has fallen to a 52-week low of $13.79. The 50-Day Moving Average of the stock is 2.21%, while the 200-Day Moving Average is calculated to be 13.85%.
Shares Statistics:
For the past three months, REVG has traded an average of 521.76K shares per day and 447690 over the past ten days. A total of 52.00M shares are outstanding, with a floating share count of 50.74M. Insiders hold about 2.42% of the company’s shares, while institutions hold 102.91% stake in the company. Shares short for REVG as of 1732838400 were 2883704 with a Short Ratio of 5.59, compared to 1730332800 on 2835596. Therefore, it implies a Short% of Shares Outstanding of 2883704 and a Short% of Float of 12.370000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for REVG is 0.20, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0066979234The stock’s 5-year Average Dividend Yield is 1.43.
