DA Davidson Has Bearish Forecast for REV Group Q1 Earnings

REV Group, Inc. (NYSE:REVG - Free Report) - Equities research analysts at DA Davidson lowered their Q1 2025 earnings per share (EPS) estimates for REV Group in a report released on Monday, December 16th. DA Davidson analyst M. Shlisky now expects that the company will post earnings per share of $0.27 for the quarter, down from their previous forecast of $0.40. DA Davidson has a "Buy" rating and a $39.00 price target on the stock. The consensus estimate for REV Group's current full-year earnings is $1.97 per share.

Several other equities analysts have also weighed in on REVG. StockNews.com lowered shares of REV Group from a "buy" rating to a "hold" rating in a report on Thursday, September 5th. Robert W. Baird boosted their price objective 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. Finally, 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 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's stock. According to MarketBeat.com, REV Group currently has an average rating of "Hold" and an average target price of $33.75.

REV Group Trading Down 0.9 %

REV Group stock traded down $0.29 during trading hours on Wednesday, reaching $32.31. 796,828 shares of the company's stock traded hands, compared to its average volume of 767,455. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 7.20 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.57 and a current ratio of 1.72. REV Group has a fifty-two week low of $16.00 and a fifty-two week high of $35.96. The firm's 50 day moving average is $29.69 and its 200-day moving average is $28.07.

Institutional Trading of REV Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. FMR LLC increased its stake in REV Group by 68.3% in the 3rd quarter. FMR LLC now owns 6,173,446 shares of the company's stock valued at $173,227,000 after buying an additional 2,504,568 shares during the last quarter. Hennessy Advisors Inc. bought a new position in shares of REV Group in the second quarter valued at $9,535,000. AYAL Capital Advisors Ltd bought a new position in shares of REV Group in the second quarter valued at $6,558,000. Anthracite Investment Company Inc. bought a new stake in REV Group during the third quarter worth $6,334,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in REV Group in the third quarter valued at $5,973,000.

REV Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 26th will be given a dividend of $0.06 per share. This is an increase from REV Group's previous quarterly dividend of $0.05. The ex-dividend date is Thursday, December 26th. This represents a $0.24 annualized dividend and a dividend yield of 0.74%. REV Group's dividend payout ratio is currently 5.35%.

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.