REV Group Inc (NYSE: REVG) is -6.06% lower 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 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 $31.81 in the last trading session, with the day’s loss setting it -1.87%.
Currently trading at $29.94, the stock is -4.86% and -4.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -5.88% at the moment leaves the stock 0.28% off its SMA200. REVG registered 35.48% gain for a year compared to 6-month gain of 7.47%. The firm has a 50-day simple moving average (SMA 50) of $31.403 and a 200-day simple moving average (SMA200) of $29.8575.
The stock witnessed a -4.19% loss in the last 1 month and extending the period to 3 months gives it a -10.47%, and is -5.10% down 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 4.18% over the week and 5.39% over the month.
REV Group Inc (REVG) has around 5700 employees, a market worth around $1.55B and $2.32B in sales. Current P/E ratio is 16.89 and Fwd P/E is 9.94. Profit margin for the company is 4.01%. Distance from 52-week low is 45.98% and -16.83% from its 52-week high. The company has generated returns on investments over the last 12 months (15.70%).
with sales reaching $603.51M over the same period.The EPS is expected to grow by 48.74% this year, but quarterly earnings will post -0.04% year-over-year. Quarterly sales are estimated to shrink -2.17% in year-over-year returns.
310.0 institutions hold shares in REV Group Inc (REVG), with institutional investors hold 106.80% of the company’s shares. The shares outstanding are 51.66M, and float is at 50.82M with Short Float at 6.14%. Institutions hold 105.01% 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).
