This trade activity should not be overlooked: REV Group Inc (REVG)

With 1.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.97 million shares. During the session, the Farm & Heavy Construction Machinery company that operates in wider Industrials sector, reached to the highest price of $27.7 whereas the lowest price it dropped to was $26.41. The 52-week range on REVG shows that it touched its highest point at $28.59 and its lowest point at $10.59 during that stretch. It currently has a 1-year price target of $29.00. With its current market cap of 1.42 billion, REVG has annualized dividend of $0.18 while the current yield stands at 0.65%. Beta for the stock currently stands at 1.64.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of REVG was up-trending over the past week, with a rise of 4.72%, but this was up by 3.57% over a month. Three-month performance surged to 48.26% while six-month performance rose 96.02%. The stock gained 151.37% in the past year, while it has gained 77.35% so far this year. A look at the trailing 12-month EPS for REVG yields 4.09 with Next year EPS estimates of 2.19. For the next quarter, that number is 0.40. This implies an EPS growth rate of 14.46% for this year and 40.90% for next year. EPS is expected to grow by 19.01% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 31.11%.

Float and Shares Shorts:

At present, 59.51 million REVG shares are outstanding with a float of 48.97 million shares on hand for trading. On 2024-05-15, short shares totaled 1.92 million, which was 371.00002 higher than short shares on 1713139200. In addition to Mr. Mark A. Skonieczny Jr. as the firm’s President, CEO & Director, Mr. Joseph LaDue serves as its VP, Corporate Controller & Chief Accounting Officer.

Institutional Ownership:

Through their ownership of 0.97853994 of REVG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-04-30, REVG reported revenue of $616900000.0 and operating income of $26600000.0. The EBITDA in the recently reported quarter was $33100000.0 and diluted EPS was $0.28.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for REVG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.