DA Davidson Comments on REV Group’s Q1 Earnings (NYSE:REVG)

REV Group, Inc. (NYSE:REVG) – DA Davidson dropped their Q1 2025 earnings per share estimates for REV Group in a research report issued to clients and investors on Monday, December 16th. DA Davidson analyst M. Shlisky now anticipates that the company will post earnings of $0.27 per share for the quarter, down from their previous estimate of $0.40. DA Davidson has a “Buy” rating and a $39.00 price objective on the stock. The consensus estimate for REV Group’s current full-year earnings is $1.97 per share.

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

REV Group Trading Down 0.9 %

NYSE:REVG opened at $32.31 on Wednesday. The firm’s 50 day moving average is $29.69 and its 200 day moving average is $28.07. REV Group has a 12 month low of $16.00 and a 12 month high of $35.96. The stock has a market capitalization of $1.68 billion, a PE ratio of 7.20 and a beta of 1.61. The company has a current ratio of 1.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.20.

REV Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 26th will be issued a $0.06 dividend. This is a boost from REV Group’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, December 26th. REV Group’s dividend payout ratio is presently 5.35%.

Institutional Trading of REV Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Amalgamated Bank boosted its holdings in REV Group by 67.5% during the 2nd quarter. Amalgamated Bank now owns 1,777 shares of the company’s stock valued at $44,000 after acquiring an additional 716 shares during the period. Farther Finance Advisors LLC lifted its position in REV Group by 27.2% in the third 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. DekaBank Deutsche Girozentrale boosted its stake in shares of REV Group by 257.5% during the second quarter. DekaBank Deutsche Girozentrale now owns 7,525 shares of the company’s stock valued at $187,000 after purchasing an additional 5,420 shares during the period. Atria Investments Inc purchased a new position in shares of REV Group in the third quarter worth $201,000. Finally, Leuthold Group LLC bought a new stake in REV Group during the 2nd quarter valued at $213,000.

About REV Group

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.