REV Group Inc [REVG] stock is trading at $30.93, down -1.97%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The REVG shares have gain 4.04% over the last week, with a monthly amount drifted -0.19%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
REV Group Inc [NYSE: REVG] stock has seen the most recent analyst activity on June 11, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $29.50. Previously, DA Davidson upgraded its rating to Buy on September 27, 2023, and elevated its price target to $20. On March 06, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $16 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $11 on June 29, 2022. Robert W. Baird downgraded its rating to a Neutral but $14 remained the price target by the analyst firm on April 08, 2022. Credit Suisse reiterated a Underperform rating for this stock on June 16, 2021, and upped its price target to $13. In a note dated December 15, 2020, Morgan Stanley upgraded an Equal-Weight rating on this stock but restated the target price of $10.
REV Group Inc [REVG] stock has fluctuated between $20.51 and $36.00 over the past year. Currently, Wall Street analysts expect the stock to reach $38 within the next 12 months. REV Group Inc [NYSE: REVG] shares were valued at $30.93 at the most recent close of the market. An investor can expect a potential return of 22.86% based on the average REVG price forecast.
Analyzing the REVG fundamentals
REV Group Inc [NYSE:REVG] reported sales of 2.32B for the trailing twelve months, which represents a drop of -10.39%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.23 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.27 points at the first support level, and at 29.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.70, and for the 2nd resistance point, it is at 32.46.
Ratios To Look Out For
For context, REV Group Inc’s Current Ratio is 1.93. Further, the Quick Ratio stands at 0.55, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.69, the price to book ratio is 3.73 and price to earnings (TTM) ratio is 17.45.
Transactions by insiders
Recent insider trading involved LaDue Joseph, VP, Corp. Controller & CAO, that happened on Jan 13 ’25 when 4533.0 shares were sold. Officer, LaDue Joseph completed a deal on Jan 13 ’25 to buy 4533.0 shares. Meanwhile, Director Dutil Charles sold 12500.0 shares on Sep 18 ’24.
