Upward Trajectory: REV Group Inc (REVG) Posts a Gaine, Closing at 26.34

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The closing price of REV Group Inc (NYSE: REVG) was $26.34 for the day, up 5.23% from the previous closing price of $25.03. In other words, the price has increased by $5.23 from its previous closing price. On the day, 1.32 million shares were traded. REVG stock price reached its highest trading level at $26.57 during the session, while it also had its lowest trading level at $25.09.

Ratios:

Our analysis of REVG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.48. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1366806272 and an Enterprise Value of 1244259840. As of this moment, REV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.51, and their Forward P/E ratio for the next fiscal year is 12.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 0.471 whereas that against EBITDA is 8.413.

Stock Price History:

Over the past 52 weeks, REVG has reached a high of $25.17, while it has fallen to a 52-week low of $8.34. The 50-Day Moving Average of the stock is 24.47%, while the 200-Day Moving Average is calculated to be 69.12%.

Shares Statistics:

REVG traded an average of 1.06M shares per day over the past three months and 743530 shares per day over the past ten days. A total of 59.51M shares are outstanding, with a floating share count of 48.95M. Insiders hold about 5.66% of the company’s shares, while institutions hold 62.21% stake in the company. Shares short for REVG as of 1713139200 were 2001682 with a Short Ratio of 1.89, compared to 1710460800 on 1457448. Therefore, it implies a Short% of Shares Outstanding of 2001682 and a Short% of Float of 8.63.

Dividends & Splits

With its trailing 12-month dividend rate of 0.2, REVG has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.0079904115The stock’s 5-year Average Dividend Yield is 1.53.

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