Equities analysts expect that Rev Group Inc (NYSE:REVG) will report earnings of $0.13 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Rev Group’s earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.14. Rev Group reported earnings per share of $0.28 during the same quarter last year, which would indicate a negative year-over-year growth rate of 53.6%. The company is expected to announce its next earnings report after the market closes on Wednesday, December 18th.

On average, analysts expect that Rev Group will report full year earnings of $0.54 per share for the current financial year, with EPS estimates ranging from $0.52 to $0.55. For the next fiscal year, analysts anticipate that the company will report earnings of $0.84 per share, with EPS estimates ranging from $0.65 to $1.05. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Rev Group.

Rev Group (NYSE:REVG) last announced its quarterly earnings data on Wednesday, September 4th. The company reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.23). The firm had revenue of $617.00 million during the quarter, compared to analyst estimates of $632.44 million. Rev Group had a positive return on equity of 7.09% and a negative net margin of 1.05%. Rev Group’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.38 earnings per share.

Several research analysts have recently issued reports on the stock. Morgan Stanley reduced their target price on shares of Rev Group from $11.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Friday, September 6th. Zacks Investment Research upgraded shares of Rev Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 6th. Robert W. Baird set a $12.00 price target on shares of Rev Group and gave the stock a “buy” rating in a research note on Friday, September 6th. ValuEngine lowered shares of Rev Group from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Finally, Wells Fargo & Co raised their price objective on shares of Rev Group from $10.00 to $11.00 and gave the company a “market perform” rating in a research note on Tuesday, October 15th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Rev Group presently has an average rating of “Hold” and an average target price of $10.33.

In other news, CFO Dean J. Nolden bought 9,158 shares of the business’s stock in a transaction on Monday, September 16th. The shares were bought at an average cost of $10.87 per share, for a total transaction of $99,547.46. Following the completion of the acquisition, the chief financial officer now owns 104,525 shares in the company, valued at approximately $1,136,186.75. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Timothy W. Sullivan bought 50,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was purchased at an average price of $9.58 per share, for a total transaction of $479,000.00. Following the completion of the acquisition, the chief executive officer now owns 1,853,160 shares of the company’s stock, valued at approximately $17,753,272.80. The disclosure for this purchase can be found here. 3.71% of the stock is currently owned by company insiders.

Several hedge funds have recently made changes to their positions in REVG. Van Berkom & Associates Inc. boosted its stake in Rev Group by 6.6% in the 2nd quarter. Van Berkom & Associates Inc. now owns 4,932,886 shares of the company’s stock worth $71,083,000 after purchasing an additional 307,054 shares during the period. Vanguard Group Inc. grew its position in Rev Group by 2.8% in the second quarter. Vanguard Group Inc. now owns 2,349,728 shares of the company’s stock valued at $33,859,000 after purchasing an additional 63,229 shares in the last quarter. Invesco Ltd. grew its position in Rev Group by 0.6% in the second quarter. Invesco Ltd. now owns 2,178,778 shares of the company’s stock valued at $31,396,000 after purchasing an additional 12,027 shares in the last quarter. State Street Corp increased its stake in Rev Group by 1.7% in the 3rd quarter. State Street Corp now owns 748,879 shares of the company’s stock valued at $8,560,000 after buying an additional 12,456 shares during the last quarter. Finally, Millennium Management LLC increased its stake in Rev Group by 5,156.1% in the 3rd quarter. Millennium Management LLC now owns 593,941 shares of the company’s stock valued at $6,788,000 after buying an additional 582,641 shares during the last quarter.

NYSE:REVG traded up $0.24 on Monday, hitting $13.04. 279,613 shares of the stock were exchanged, compared to its average volume of 281,792. The stock has a market capitalization of $811.19 million, a price-to-earnings ratio of 12.66, a P/E/G ratio of 1.48 and a beta of 2.96. Rev Group has a 52 week low of $6.41 and a 52 week high of $14.99. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.71 and a current ratio of 1.99. The company’s 50-day moving average price is $13.08 and its 200 day moving average price is $12.52.

Rev Group Company Profile

REV Group, Inc designs, manufactures, and distributes specialty vehicles in the United States, Canada, Europe, Africa, the Middle East, Latin America, the Caribbean, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment offers a range of fire apparatus and ambulance products for municipalities and private contractors.

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