The stock price of REV Group Inc (NYSE: REVG) has surged by 7.50 when compared to previous closing price of 24.79, but the company has seen a 4.10% gain in its stock price over the last five trading sessions. zacks.com reported 2024-06-05 that Although the revenue and EPS for REV Group (REVG) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Is It Worth Investing in REV Group Inc (NYSE: REVG) Right Now?
REV Group Inc (NYSE: REVG) has a higher price-to-earnings ratio of 6.58x compared to its average ratio. REVG has 36-month beta value of 1.64. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for REVG is 48.95M, and currently, short sellers hold a 3.93% ratio of that float. The average trading volume of REVG on June 05, 2024 was 958.16K shares.
REVG’s Market Performance
REVG’s stock has seen a 4.10% increase for the week, with a 11.41% rise in the past month and a 33.52% gain in the past quarter. The volatility ratio for the week is 4.65%, and the volatility levels for the past 30 days are at 4.00% for REV Group Inc The simple moving average for the last 20 days is 2.31% for REVG stock, with a simple moving average of 57.56% 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 12.79% 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 -3.72% of loss for the given period.
Volatility was left at 4.00%, however, over the last 30 days, the volatility rate increased by 4.65%, as shares surge +10.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.03% upper at present.
During the last 5 trading sessions, REVG rose by +4.59%, which changed the moving average for the period of 200-days by +96.88% in comparison to the 20-day moving average, which settled at $26.18. In addition, REV Group Inc saw 73.26% 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:
- 0.03 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 0.11. 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 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 3.19.
Currently, EBITDA for the company is 114.1 million with net debt to EBITDA at 1.83. When we switch over and look at the enterprise to sales, we see a ratio of 0.62. The receivables turnover for the company is 12.23for trailing twelve months and the total asset turnover is 1.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
To put it simply, REV Group Inc (REVG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
