Currently, there are 52.13M common shares owned by the public and among those 50.66M shares have been available to trade.
The company’s stock has a 5-day price change of 5.97% and 18.26% over the past three months. REVG shares are trading 8.10% year to date (YTD), with the 12-month market performance up to 135.37% higher. It has a 12-month low price of $14.54 and touched a high of $35.96 over the same period. REVG has an average intraday trading volume of 559.90K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.18%, 9.27%, and 24.70% respectively.
Institutional ownership of REV Group Inc (NYSE: REVG) shares accounts for 103.07% of the company’s 52.13M shares outstanding.
It has a market capitalization of $1.79B and a beta (3y monthly) value of 1.60. The stock’s trailing 12-month PE ratio is 7.69, while the earnings-per-share (ttm) stands at $4.48. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.86% over the week and 3.82% over the month.
Analysts forecast that REV Group Inc (REVG) will achieve an EPS of 0.26 for the current quarter, 0.57 for the next quarter and 3.02 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.2 while analysts give the company a high EPS estimate of 0.2. Comparatively, EPS for the current quarter was 0.25 a year ago. Earnings per share for the fiscal year are expected to increase by 44.03%, and 31.99% over the next financial year.
Looking at the support for the REVG, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on June 11, 2024, with the firm’s price target at $29.50. DA Davidson coverage for the REV Group Inc (REVG) stock in a research note released on September 27, 2023 offered a Buy rating with a price target of $20. Robert W. Baird was of a view on March 06, 2023 that the stock is Outperform, while DA Davidson gave the stock Neutral rating on June 29, 2022, issuing a price target of $11. Robert W. Baird on their part issued Neutral rating on April 08, 2022.
