Rev Group Inc (NYSE:REVG)’s share price was down 5.1% during trading on Tuesday . The company traded as low as $15.27 and last traded at $15.29. Approximately 637,600 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 647,744 shares. The stock had previously closed at $16.11.

A number of equities analysts recently commented on REVG shares. ValuEngine lowered Rev Group from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 2nd. Stifel Nicolaus cut their price objective on Rev Group from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday, September 7th. Credit Suisse Group cut their price objective on Rev Group from $32.00 to $20.00 and set an “outperform” rating on the stock in a research note on Monday, June 11th. Morgan Stanley cut their price objective on Rev Group from $30.00 to $20.00 and set a “hold” rating on the stock in a research note on Friday, June 8th. Finally, SunTrust Banks lowered Rev Group from a “buy” rating to a “hold” rating and set a $33.00 price objective on the stock. in a research note on Thursday, June 7th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. Rev Group currently has a consensus rating of “Hold” and a consensus target price of $23.11.

The company has a quick ratio of 0.77, a current ratio of 2.26 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $1.02 billion, a P/E ratio of 17.18, a P/E/G ratio of 2.21 and a beta of 1.63.

Rev Group (NYSE:REVG) last posted its quarterly earnings data on Wednesday, September 5th. The company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.06). The company had revenue of $597.70 million during the quarter, compared to analyst estimates of $649.64 million. Rev Group had a return on equity of 13.12% and a net margin of 2.40%. Rev Group’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 earnings per share. equities research analysts predict that Rev Group Inc will post 1.21 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 30th. Shareholders of record on Wednesday, October 31st will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a $0.20 dividend on an annualized basis and a yield of 1.31%. Rev Group’s payout ratio is currently 21.28%.

A number of hedge funds have recently modified their holdings of REVG. Baird Financial Group Inc. increased its holdings in Rev Group by 1,240.0% in the second quarter. Baird Financial Group Inc. now owns 1,340,000 shares of the company’s stock worth $22,793,000 after purchasing an additional 1,240,000 shares in the last quarter. American Century Companies Inc. bought a new stake in Rev Group in the second quarter worth approximately $16,537,000. Van Berkom & Associates Inc. increased its holdings in Rev Group by 15.7% in the second quarter. Van Berkom & Associates Inc. now owns 3,866,342 shares of the company’s stock worth $65,766,000 after purchasing an additional 523,656 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Rev Group by 117.6% in the second quarter. Dimensional Fund Advisors LP now owns 944,737 shares of the company’s stock worth $16,070,000 after purchasing an additional 510,512 shares in the last quarter. Finally, Kestrel Investment Management Corp bought a new stake in Rev Group in the second quarter worth approximately $8,351,000.

Rev Group Company Profile (NYSE:REVG)

REV Group, Inc designs, manufactures, and distributes specialty vehicles in the United States, Canada, Europe, Africa, the Middle East, 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 municipal fire departments, EMS providers, and private fleets through dealers.

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