REV Group Inc (REVG) Shares Decline by -2.86% to Close at $19.39

As of close of business last night, REV Group Inc’s stock clocked out at $19.39, down -2.86% from its previous closing price of $19.96. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 861168 shares were traded. REVG stock price reached its highest trading level at $20.11 during the session, while it also had its lowest trading level at $18.85.

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Ratios:

To gain a deeper understanding of REVG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.91. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 20 ’24 when AMERICAN INDUSTRIAL PARTNERS C sold 18,400,000 shares for $15.76 per share. The transaction valued at 289,938,000 led to the insider holds 9,162,505 shares of the business.

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 1.00B and an Enterprise Value of 952.11M. As of this moment, REV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.79, and their Forward P/E ratio for the next fiscal year is 9.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 0.36 whereas that against EBITDA is 2.54.

Stock Price History:

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 18.56, while the 200-Day Moving Average is calculated to be 15.26.

Shares Statistics:

It appears that REVG traded 673.09K shares on average per day over the past three months and 722.5k shares per day over the past ten days. A total of 59.51M shares are outstanding, with a floating share count of 49.48M. Insiders hold about 17.26% of the company’s shares, while institutions hold 50.48% stake in the company. Shares short for REVG as of Feb 15, 2024 were 1.39M with a Short Ratio of 2.06, compared to 1.35M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.32% and a Short% of Float of 4.45%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.20, REVG has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 1.00%, it implies a Forward Annual Dividend Yield of 1.03%. The stock’s 5-year Average Dividend Yield is 1.56.

Earnings Estimates

As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.41 for the current quarter, with a high estimate of $0.55 and a low estimate of $0.29, while EPS last year was $0.35. The consensus estimate for the next quarter is $0.42, with high estimates of $0.43 and low estimates of $0.4.

Analysts are recommending an EPS of between $1.63 and $1.53 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $2.19, with 3 analysts recommending between $2.65 and $1.93.

Revenue Estimates

A total of 3 analysts have provided revenue estimates for REVG’s current fiscal year. The highest revenue estimate was $2.66B, while the lowest revenue estimate was $2.55B, resulting in an average revenue estimate of $2.61B. In the same quarter a year ago, actual revenue was $2.64B, down -1.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $2.74B in the next fiscal year. The high estimate is $2.79B and the low estimate is $2.67B. The average revenue growth estimate for next year is up 5.20% from the average revenue estimate for this year.

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