REV Group (NYSE:REVG) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

REV Group (NYSE:REVG - Get Free Report) posted its earnings results on Wednesday. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.07, Zacks reports. REV Group had a return on equity of 17.74% and a net margin of 10.82%. REV Group updated its FY 2025 guidance to EPS.

REV Group Stock Performance

REV Group stock opened at $27.26 on Wednesday. The stock has a 50-day simple moving average of $32.78 and a 200 day simple moving average of $30.47. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 6.07 and a beta of 1.60. The company has a quick ratio of 0.43, a current ratio of 1.72 and a debt-to-equity ratio of 0.20. REV Group has a 12-month low of $17.76 and a 12-month high of $36.00.

REV Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.88%. REV Group's dividend payout ratio is currently 5.35%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Robert W. Baird upped their price objective on shares of REV Group from $32.00 to $38.00 and gave the stock an "outperform" rating in a report on Thursday, December 12th. DA Davidson boosted their price objective on REV Group from $33.00 to $39.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Finally, The Goldman Sachs Group increased their price target 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, REV Group has a consensus rating of "Hold" and a consensus target price of $33.75.

Insiders Place Their Bets

In other REV Group news, CAO Joseph Ladue sold 4,533 shares of the company's stock in a transaction on Monday, January 13th. The shares were sold at an average price of $32.21, for a total transaction of $146,007.93. Following the completion of the sale, the chief accounting officer now owns 20,442 shares in the company, valued at approximately $658,436.82. The trade was a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.70% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.