Equities analysts forecast that Rev Group Inc (NYSE:REVG) will post earnings of $0.25 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Rev Group’s earnings, with estimates ranging from $0.20 to $0.34. Rev Group posted earnings of $0.24 per share in the same quarter last year, which indicates a positive year over year growth rate of 4.2%. The business is expected to report its next earnings report on Wednesday, June 5th.

According to Zacks, analysts expect that Rev Group will report full year earnings of $1.20 per share for the current financial year, with EPS estimates ranging from $1.10 to $1.42. For the next year, analysts expect that the business will post earnings of $1.37 per share, with EPS estimates ranging from $1.25 to $1.55. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Rev Group.

Rev Group (NYSE:REVG) last posted 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). Rev Group had a positive return on equity of 9.21% and a negative net margin of 0.46%. The business had revenue of $518.70 million during the quarter, compared to analyst estimates of $510.80 million. During the same quarter in the prior year, the company earned $0.15 EPS. The company’s revenue was up .7% on a year-over-year basis.

A number of equities research analysts recently weighed in on REVG shares. Zacks Investment Research upgraded shares of Rev Group from a “strong sell” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Thursday, February 21st. Deutsche Bank set a $9.00 target price on shares of Rev Group and gave the stock a “hold” rating in a report on Friday, March 8th. Morgan Stanley set a $11.00 target price on shares of Rev Group and gave the stock a “hold” rating in a report on Sunday, December 30th. SunTrust Banks set a $8.00 target price on shares of Rev Group and gave the stock a “hold revg” rating in a report on Monday, December 24th. Finally, Wells Fargo & Co lowered their target price on shares of Rev Group from $14.00 to $8.00 and set a “market perform” rating on the stock in a report on Friday, December 21st. 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. Rev Group presently has a consensus rating of “Hold” and a consensus target price of $11.25.

Hedge funds have recently modified their holdings of the business. Clearbridge Investments LLC grew its position in Rev Group by 800,798.4% in the 3rd quarter. Clearbridge Investments LLC now owns 512,575 shares of the company’s stock worth $8,047,000 after purchasing an additional 512,511 shares in the last quarter. JPMorgan Chase & Co. grew its position in Rev Group by 898.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 60,753 shares of the company’s stock worth $953,000 after purchasing an additional 54,667 shares in the last quarter. First Trust Advisors LP grew its position in Rev Group by 181.3% in the 3rd quarter. First Trust Advisors LP now owns 132,080 shares of the company’s stock worth $2,074,000 after purchasing an additional 85,134 shares in the last quarter. MetLife Investment Advisors LLC grew its position in Rev Group by 65.5% in the 3rd quarter. MetLife Investment Advisors LLC now owns 19,685 shares of the company’s stock worth $309,000 after purchasing an additional 7,792 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in Rev Group in the 4th quarter worth about $124,000.

REVG opened at $10.14 on Tuesday. The company has a current ratio of 2.32, a quick ratio of 0.81 and a debt-to-equity ratio of 0.91. Rev Group has a fifty-two week low of $6.41 and a fifty-two week high of $21.47. The stock has a market capitalization of $637.52 million, a P/E ratio of 9.84, a price-to-earnings-growth ratio of 0.86 and a beta of 2.79.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Tuesday, April 30th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Monday, April 29th. Rev Group’s payout ratio is 19.42%.

About Rev Group

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.

Read More: Special Dividends

Get a free copy of the Zacks research report on Rev Group (REVG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Rev Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rev Group and related companies with MarketBeat.com's FREE daily email newsletter.