REV Group Inc (REVG) expected to report EPS of $0.26 for the current quarter

In the latest session, REV Group Inc (NYSE: REVG) closed at $18.82 up 0.21% from its previous closing price of $18.78. In other words, the price has increased by $+0.04 from its previous closing price. On the day, 978980 shares were traded.

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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 11.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.

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 the company, DA Davidson on September 27, 2023, Upgraded its rating to Buy and sets its target price to $20 from $16 previously.

On March 06, 2023, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $16.

On June 29, 2022, DA Davidson started tracking the stock assigning a Neutral rating and target price of $11.DA Davidson initiated its Neutral rating on June 29, 2022, with a $11 target price.

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 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 976.59M and an Enterprise Value of 924.29M. As of this moment, REV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.65, and their Forward P/E ratio for the next fiscal year is 9.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 2.27. Its current Enterprise Value per Revenue stands at 0.35 whereas that against EBITDA is 2.46.

Stock Price History:

The Beta on a monthly basis for REVG is 1.70, which has changed by 65.67% over the last 52 weeks, in comparison to a change of 32.31% over the same period for the S&P500. Over the past 52 weeks, REVG has reached a high of $21.33, while it has fallen to a 52-week low of $8.34. The 50-Day Moving Average of the stock is 18.72, while the 200-Day Moving Average is calculated to be 15.67.

Shares Statistics:

For the past three months, REVG has traded an average of 792.21K shares per day and 1.35M over the past ten days. A total of 59.51M shares are outstanding, with a floating share count of 42.94M. Insiders hold about 17.24% of the company’s shares, while institutions hold 58.20% stake in the company. Shares short for REVG as of Feb 29, 2024 were 1.19M with a Short Ratio of 1.51, compared to 1.48M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.31% and a Short% of Float of 5.17%.

Dividends & Splits

According to the company, the forward annual dividend rate for REVG is 0.17, from 0.20 in the trailing year. Against a Trailing Annual Dividend Yield of 1.06%, it implies a Forward Annual Dividend Yield of 1.06%. The stock’s 5-year Average Dividend Yield is 1.56.

Earnings Estimates

There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.26 for the current quarter, with a high estimate of $0.28 and a low estimate of $0.24, while EPS last year was $0.35. The consensus estimate for the next quarter is $0.4, with high estimates of $0.42 and low estimates of $0.38.

Analysts are recommending an EPS of between $1.55 and $1.39 for the fiscal current year, implying an average EPS of $1.46. EPS for the following year is $2.05, with 3 analysts recommending between $2.65 and $1.73.

Revenue Estimates

A total of 3 analysts have provided revenue estimates for REVG’s current fiscal year. The highest revenue estimate was $2.52B, while the lowest revenue estimate was $2.48B, resulting in an average revenue estimate of $2.49B. In the same quarter a year ago, actual revenue was $2.64B, down -5.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $2.61B in the next fiscal year. The high estimate is $2.65B and the low estimate is $2.58B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.

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