DA Davidson Issues Negative Outlook for REV Group Earnings

REV Group, Inc. (NYSE:REVG) – Equities researchers at DA Davidson decreased their Q1 2025 earnings per share estimates for shares of REV Group in a research note issued to investors on Monday, December 16th. DA Davidson analyst M. Shlisky now expects that the company will post earnings of $0.27 per share for the quarter, down from their previous estimate of $0.40. DA Davidson has a “Buy” rating and a $39.00 price objective on the stock. The consensus estimate for REV Group’s current full-year earnings is $1.97 per share.

Several other equities research analysts have also recently weighed in on the company. StockNews.com cut REV Group from a “buy” rating to a “hold” rating in a research note on Thursday, September 5th. The Goldman Sachs Group upped their target price on shares of REV Group from $25.00 to $28.50 and gave the stock a “sell” rating in a research report on Thursday, December 12th. Finally, Robert W. Baird increased their price target on shares of REV Group from $32.00 to $38.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $33.75.

REV Group Stock Down 0.9 %

Shares of NYSE:REVG opened at $32.31 on Wednesday. The firm has a market capitalization of $1.68 billion, a P/E ratio of 7.20 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.57 and a current ratio of 1.72. The stock has a 50 day moving average price of $29.69 and a 200-day moving average price of $28.07. REV Group has a 52-week low of $16.00 and a 52-week high of $35.96.

Institutional Trading of REV Group

Institutional investors have recently bought and sold shares of the company. Amalgamated Bank lifted its position in REV Group by 67.5% in the 2nd quarter. Amalgamated Bank now owns 1,777 shares of the company’s stock valued at $44,000 after acquiring an additional 716 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of REV Group by 27.2% in the third quarter. Farther Finance Advisors LLC now owns 2,158 shares of the company’s stock worth $61,000 after purchasing an additional 461 shares during the last quarter. Atria Investments Inc bought a new position in shares of REV Group during the third quarter valued at $201,000. DekaBank Deutsche Girozentrale boosted its position in shares of REV Group by 257.5% during the second quarter. DekaBank Deutsche Girozentrale now owns 7,525 shares of the company’s stock valued at $187,000 after buying an additional 5,420 shares during the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in shares of REV Group during the third quarter valued at $229,000.

REV Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, December 26th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.74%. This is an increase from REV Group’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Thursday, December 26th. REV Group’s payout ratio is 5.35%.

About REV Group

REV Group, Inc, together with its subsidiaries, designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment provides fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara, Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brand names; and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue, and Wheeled Coach brand names.