Earnings results for REV Group (NYSE:REVG)
REV Group, Inc. is expected* to report earnings on 01/07/2021 before market open. The report will be for the fiscal Quarter ending Oct 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.13. The reported EPS for the same quarter last year was $0.05.
Analyst Opinion on REV Group (NYSE:REVG)
6 Wall Street analysts have issued ratings and price targets for REV Group in the last 12 months. Their average twelve-month price target is $7.33, predicting that the stock has a possible downside of 20.63%. The high price target for REVG is $10.00 and the low price target for REVG is $5.00. There are currently 3 sell ratings, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”
REV Group has received a consensus rating of Hold. The company’s average rating score is 1.67, and is based on 1 buy rating, 2 hold ratings, and 3 sell ratings. According to analysts’ consensus price target of $7.33, REV Group has a forecasted downside of 20.6% from its current price of $9.24. REV Group has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: REV Group (NYSE:REVG)
REV Group does not currently pay a dividend. REV Group does not have a long track record of dividend growth.
Insiders buying/selling: REV Group (NYSE:REVG)
In the past three months, REV Group insiders have not sold or bought any company stock. Only 3.40% of the stock of REV Group is held by insiders. 93.42% of the stock of REV Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of REV Group (NYSE:REVG
Earnings for REV Group are expected to grow in the coming year, from ($0.03) to $0.67 per share. The P/E ratio of REV Group is -19.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of REV Group is -19.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. REV Group has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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