FY2025 EPS Estimates for REV Group Increased by DA Davidson

REV Group, Inc. (NYSE:REVG) – DA Davidson increased their FY2025 earnings per share estimates for REV Group in a report released on Monday, December 16th. DA Davidson analyst M. Shlisky now anticipates that the company will post earnings per share of $2.25 for the year, up from their prior estimate of $2.05. DA Davidson currently has a “Buy” rating and a $39.00 target price on the stock. The consensus estimate for REV Group’s current full-year earnings is $1.97 per share.

Several other equities research analysts also recently weighed in on REVG. Robert W. Baird boosted their target price on shares of REV Group from $32.00 to $38.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. StockNews.com lowered REV Group from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. Finally, The Goldman Sachs Group increased their target price on REV Group from $25.00 to $28.50 and gave the stock a “sell” rating in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $33.75.

REV Group Price Performance

REVG stock opened at $34.17 on Tuesday. The stock’s 50 day moving average is $29.58 and its two-hundred day moving average is $28.04. REV Group has a 52-week low of $16.00 and a 52-week high of $35.96. The company has a market capitalization of $1.78 billion, a PE ratio of 7.61 and a beta of 1.61. The company has a quick ratio of 0.57, a current ratio of 1.72 and a debt-to-equity ratio of 0.20.

REV Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 26th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, December 26th. This is a positive change from REV Group’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a dividend yield of 0.70%. REV Group’s dividend payout ratio is 5.35%.

Institutional Investors Weigh In On REV Group

Several large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its position in REV Group by 27.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,158 shares of the company’s stock valued at $61,000 after purchasing an additional 461 shares during the last quarter. Amalgamated Bank boosted its position in shares of REV Group by 67.5% during the second quarter. Amalgamated Bank now owns 1,777 shares of the company’s stock worth $44,000 after buying an additional 716 shares during the period. Franklin Resources Inc. increased its position in REV Group by 0.8% in the 3rd quarter. Franklin Resources Inc. now owns 99,636 shares of the company’s stock valued at $2,776,000 after acquiring an additional 766 shares during the period. Victory Capital Management Inc. raised its stake in REV Group by 2.9% during the 3rd quarter. Victory Capital Management Inc. now owns 29,334 shares of the company’s stock valued at $823,000 after acquiring an additional 822 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in REV Group by 11.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,806 shares of the company’s stock worth $269,000 after acquiring an additional 1,067 shares during the period.

REV Group Company Profile

REV Group, Inc, together with its subsidiaries, designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment provides fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara, Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brand names; and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue, and Wheeled Coach brand names.