During the last session, REV Group Inc (NYSE:REVG)’s traded shares were 0.71 million, with the beta value of the company hitting 1.14. At the end of the trading day, the stock’s price was $43.73, reflecting an intraday loss of -1.49% or -$0.66. The 52-week high for the REVG share is $46.10, that puts it down -5.42 from that peak though still a striking 50.74% gain since the share price plummeted to a 52-week low of $21.54. The company’s market capitalization is $2.13B, and the average trade volume was 787.99K shares over the past three months.
REV Group Inc (REVG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.75. REVG has a Sell rating from 1 analyst(s) out of 20 analysts who have looked at this stock. 8 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.64.
REV Group Inc (NYSE:REVG) trade information
REV Group Inc (REVG) registered a -1.49% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.49% in intraday trading to $43.73, hitting a weekly high. The stock’s 5-day price performance is -2.91%, and it has moved by 13.61% in 30 days. Based on these gigs, the overall price performance for the year is 60.24%.
The consensus price target of analysts on Wall Street is $33, which implies a decrease of -32.52% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $33 and $33 respectively. As a result, REVG is trading at a premium of 24.54% off the target high and 24.54% off the low.
REV Group Inc (REVG) estimates and forecasts
In the rating firms’ projections, revenue will increase 1.32% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 618.4M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 644.79M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 579.4M and 597.9M respectively. In this case, analysts expect current quarter sales to grow by 6.73% and then jump by 7.84% in the coming quarter.
While earnings are projected to return 53.46% in 2025, the next five years will return 37.87% per annum.
REVG Dividends
REV Group Inc is due to release its next quarterly earnings on 2025-Jun-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for REV Group Inc is 0.22, with the dividend yield indicating at 0.50 percent, continuing the trend of increasing dividends in recent years.
REV Group Inc (NYSE:REVG)’s Major holders
REV Group Inc insiders own 1.58% of total outstanding shares while institutional holders control 109.70%, with the float percentage being 111.46%. VANGUARD GROUP INC is the largest shareholder of the company, while 318.0 institutions own stock in it. As of 2024-06-30, the company held over 4.89 million shares (or 9.4941% of all shares), a total value of $121.73 million in shares.
The next largest institutional holding, with 3.81 million shares, is of BLACKROCK INC.’s that is approximately 7.3996% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $94.88 million.
