Analysts Estimate Report : What to Look Out for REV Group (NYSE:REVG)

Earnings results for REV Group (NYSE:REVG)

REV Group, Inc. is expected* to report earnings on 06/07/2021 after market close. The report will be for the fiscal Quarter ending Apr 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.22. The reported EPS for the same quarter last year was $-0.13.

REV Group last issued its earnings data on March 9th, 2021. The reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.08. The business had revenue of $554 million for the quarter, compared to analysts’ expectations of $533.75 million. Its revenue for the quarter was up 4.1% on a year-over-year basis. REV Group has generated $0.06 earnings per share over the last year. REV Group has confirmed that its next quarterly earnings report will be published on Monday, June 7th, 2021.

Analyst Opinion on REV Group (NYSE:REVG)

5 Wall Street analysts have issued ratings and price targets for REV Group in the last 12 months. Their average twelve-month price target is $14.80, predicting that the stock has a possible downside of 23.16%. The high price target for REVG is $20.00 and the low price target for REVG is $6.00. There are currently 1 sell rating, 3 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 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $14.80, REV Group has a forecasted downside of 23.2% from its current price of $19.26. 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 bought more of their company’s stock than they have sold. Specifically, they have bought $301,165.00 in company stock and sold $0.00 in company stock. Only 3.79% of the stock of REV Group is held by insiders. 92.89% 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 by 44.32% in the coming year, from $0.88 to $1.27 per share. The P/E ratio of REV Group is -56.65, 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 -56.65, 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 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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