REV Group Inc (NYSE: REVG) has a higher price-to-earnings ratio of 6.18x compared to its average ratio, The 36-month beta value for REVG is at 1.67. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for REVG is 48.95M, and currently, shorts hold a 4.09% of that float. The average trading volume for REVG on May 09, 2024 was 1.05M shares.
REVG) stock’s latest price update
The stock of REV Group Inc (NYSE: REVG) has increased by 3.56 when compared to last closing price of 24.17. Despite this, the company has experienced a 14.24% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-06 that While the top- and bottom-line numbers for REV Group (REVG) give a sense of how the business performed in the quarter ended January 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
REVG’s Market Performance
REVG’s stock has risen by 14.24% in the past week, with a monthly rise of 6.92% and a quarterly rise of 51.24%. The volatility ratio for the week is 4.10% while the volatility levels for the last 30 days are 3.40% for REV Group Inc The simple moving average for the last 20 days is 12.82% for REVG stock, with a simple moving average of 61.43% for the last 200 days.
Analysts’ Opinion of REVG
Many brokerage firms have already submitted their reports for REVG stocks, with DA Davidson repeating the rating for REVG by listing it as a “Buy.” The predicted price for REVG in the upcoming period, according to DA Davidson is $20 based on the research report published on September 27, 2023 of the previous year 2023.
Robert W. Baird, on the other hand, stated in their research note that they expect to see REVG reach a price target of $16. The rating they have provided for REVG stocks is “Outperform” according to the report published on March 06th, 2023.
DA Davidson gave a rating of “Neutral” to REVG, setting the target price at $11 in the report published on June 29th of the previous year.
REVG Trading at 18.89% from the 50-Day Moving Average
After a stumble in the market that brought REVG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.57% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 4.10%, as shares surge +9.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.57% upper at present.
During the last 5 trading sessions, REVG rose by +14.24%, which changed the moving average for the period of 200-days by +88.48% in comparison to the 20-day moving average, which settled at $22.29. In addition, REV Group Inc saw 62.73% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at REVG starting from AMERICAN INDUSTRIAL PARTNERS C, who sale 7,395,191 shares at the price of $17.25 back on Mar 15 ’24. After this action, AMERICAN INDUSTRIAL PARTNERS C now owns 1,767,314 shares of REV Group Inc, valued at $127,567,045 using the latest closing price.
AMERICAN INDUSTRIAL PARTNERS C, the 10% Owner of REV Group Inc, sale 18,400,000 shares at $15.76 during a trade that took place back on Feb 20 ’24, which means that AMERICAN INDUSTRIAL PARTNERS C is holding 9,162,505 shares at $289,938,000 based on the most recent closing price.
Stock Fundamentals for REVG
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.12 for the gross margin
The net margin for REV Group Inc stands at 0.09. The total capital return value is set at 0.14. Equity return is now at value 51.56, with 17.11 for asset returns.
Based on REV Group Inc (REVG), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 1.79. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 3.31.
Currently, EBITDA for the company is 114.1 million with net debt to EBITDA at -0.41. When we switch over and look at the enterprise to sales, we see a ratio of 0.47. The receivables turnover for the company is 11.81for trailing twelve months and the total asset turnover is 1.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
In conclusion, REV Group Inc (REVG) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
