Equities analysts predict that Rev Group Inc (NYSE:REVG) will announce earnings of $0.25 per share for the current quarter, Zacks reports. Five analysts have issued estimates for Rev Group’s earnings. The highest EPS estimate is $0.34 and the lowest is $0.20. Rev Group posted earnings of $0.24 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 4.2%. The firm is expected to report its next quarterly earnings results on Wednesday, June 5th.

According to Zacks, analysts expect that Rev Group will report full-year earnings of $1.19 per share for the current financial year, with EPS estimates ranging from $1.10 to $1.42. For the next year, analysts anticipate that the business will post earnings of $1.36 per share, with EPS estimates ranging from $1.25 to $1.55. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Rev Group.

Rev Group (NYSE:REVG) last released its earnings results on Wednesday, March 6th. The company reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.07). The company had revenue of $518.70 million during the quarter, compared to analysts’ expectations of $510.80 million. Rev Group had a negative net margin of 0.46% and a positive return on equity of 9.21%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.15 earnings per share.

REVG has been the topic of several research reports. Credit Suisse Group lowered shares of Rev Group from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $16.00 to $8.00 in a research report on Tuesday, January 22nd. Deutsche Bank set a $9.00 price target on shares of Rev Group and gave the company a “hold” rating in a research report on Friday, March 8th. Morgan Stanley set a $11.00 price target on shares of Rev Group and gave the company a “hold” rating in a research report on Sunday, December 30th. Zacks Investment Research lowered shares of Rev Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 26th. Finally, SunTrust Banks set a $8.00 price target on shares of Rev Group and gave the company a “hold revg” rating in a research report on Monday, December 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $11.25.

Shares of NYSE REVG traded down $0.13 during midday trading on Thursday, hitting $12.19. The company’s stock had a trading volume of 295,311 shares, compared to its average volume of 265,233. Rev Group has a one year low of $6.41 and a one year high of $18.90. The company has a quick ratio of 0.81, a current ratio of 2.32 and a debt-to-equity ratio of 0.91. The firm has a market cap of $765.62 million, a P/E ratio of 11.83, a price-to-earnings-growth ratio of 1.04 and a beta of 2.86.

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Monday, April 29th. Rev Group’s dividend payout ratio (DPR) is presently 19.42%.

A number of institutional investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC increased its holdings in Rev Group by 20.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 32,900 shares of the company’s stock worth $360,000 after acquiring an additional 5,600 shares during the period. Deutsche Bank AG increased its holdings in Rev Group by 215.0% during the 4th quarter. Deutsche Bank AG now owns 199,975 shares of the company’s stock worth $1,500,000 after acquiring an additional 136,493 shares during the period. Geode Capital Management LLC increased its holdings in Rev Group by 11.0% during the 4th quarter. Geode Capital Management LLC now owns 311,942 shares of the company’s stock worth $2,342,000 after acquiring an additional 30,823 shares during the period. Dimensional Fund Advisors LP increased its holdings in Rev Group by 10.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,181,849 shares of the company’s stock worth $8,876,000 after acquiring an additional 109,553 shares during the period. Finally, Millennium Management LLC bought a new position in shares of Rev Group in the 4th quarter worth $1,647,000.

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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