REV Group Inc (NYSE: REVG) is 0.66% higher on its value in year-to-date trading and has touched a low of $20.51 and a high of $36.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The REVG stock was last observed hovering at around $33.33 in the last trading session, with the day’s loss setting it -1.25%.
Currently trading at $32.08, the stock is 3.67% and -0.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -3.75% at the moment leaves the stock 8.62% off its SMA200. REVG registered 62.68% gain for a year compared to 6-month gain of 18.03%. The firm has a 50-day simple moving average (SMA 50) of $32.316 and a 200-day simple moving average (SMA200) of $29.53525.
The stock witnessed a 5.56% loss in the last 1 month and extending the period to 3 months gives it a 1.81%, and is 1.81% 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 3.67% over the week and 5.03% over the month.
REV Group Inc (REVG) has around 5700 employees, a market worth around $1.66B and $2.32B in sales. Current P/E ratio is 18.10 and Fwd P/E is 10.32. Profit margin for the company is 4.01%. Distance from 52-week low is 56.41% and -10.89% from its 52-week high. The company has generated returns on investments over the last 12 months (15.70%).
The EPS is expected to grow by 50.63% this year.
REV Group Inc (REVG) Top Institutional Holders
308.0 institutions hold shares in REV Group Inc (REVG), with institutional investors hold 105.08% of the company’s shares. The shares outstanding are 51.66M, and float is at 50.82M with Short Float at 5.36%. Institutions hold 103.33% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.89 million shares valued at $121.73 million. The investor’s holdings represent 9.2077% of the REVG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.81 million shares valued at $94.88 million to account for 7.3996 of the shares outstanding. The other top investors are SEGALL BRYANT & HAMILL, LLC which holds 3.69 million shares representing 7.1589% and valued at over $91.79 million, while FMR LLC holds 7.1221 of the shares totaling 3.67 million with a market value of $91.32 million.
REV Group Inc (REVG) Insider Activity
The most recent transaction is an insider sale by LaDue Joseph, the company’s VP, Corp. Controller & CAO. SEC filings show that LaDue Joseph sold 4,533 shares of the company’s common stock on Jan 13 ’25 at a price of $32.21 per share for a total of $0.15 million. Following the sale, the insider now owns 20442.0 shares.
Still, SEC filings show that on Sep 18 ’24, Dutil Charles (Director) disposed off 12,500 shares at an average price of $28.50 for $0.36 million. The insider now directly holds 41,628 shares of REV Group Inc (REVG).
