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REV Group Inc. (REVG) Looks Ready for Growth Despite -24.45% Change This Year

REV Group Inc. (NYSE: REVG) is -24.45% lower on its value in year-to-date trading and has touched a low of $9.50 and a high of $18.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The REVG stock was last observed hovering at around $10.49 in the last trading session, with the day’s gains setting it 0.2% off its average median price target of $11.50 for the next 12 months. It is also 17.77% off the consensus price target high of $13.00 offered by analysts, but current levels are -6.9% lower than the price target low of $10.00 for the same period.

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Currently trading at $10.69, the stock is -0.01% and -6.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 1.91% at the moment leaves the stock -21.97% off its SMA200. REVG registered -31.82% loss for a year compared to 6-month loss of -24.82%. The firm has a 50-day simple moving average (SMA 50) of $11.37 and a 200-day simple moving average (SMA200) of $13.66.

The stock witnessed a 0.47% gain in the last 1 month and extending the period to 3 months gives it a -13.44%, and is 0.09% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 4.25% over the month.

REV Group Inc. (REVG) has around 6800 employees, a market worth around $639.58M and $2.30B in sales. Current P/E ratio is 43.81 and Fwd P/E is 8.50. Profit margin for the company is 0.90%. Distance from 52-week low is 12.53% and -41.74% from its 52-week high. The company has generated returns on investments over the last 12 months (8.70%).

The EPS is expected to grow by 215.30% this year.

REV Group Inc. (REVG) Top Institutional Holders

The shares outstanding are 61.67M, and float is at 32.34M with Short Float at 6.98%.

REV Group Inc. (REVG) Insider Activity

A total of 0 insider transactions have happened at REV Group Inc. (REVG) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Bamatter Paul J,the company’sDirector. SEC filings show that Bamatter Paul J bought 50,000 shares of the company’s common stock on Sep 09 at a price of $15.17 per share for a total of $0.76 million. Following the purchase, the insider now owns 0.15 million shares.

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