Sidoti Csr Has Bullish Outlook for REV Group FY2027 Earnings

Key Points

• Sidoti Csr has raised its FY2027 earnings estimate for REV Group to $3.77 per share, up from a previous forecast of $3.72.
• REV Group's stock has received multiple upgrades, with a consensus rating of "Moderate Buy" and a price target of $56.50.
• The company reported a quarterly EPS of $0.79, exceeding estimates, with revenue up 11.3% year-over-year, signaling strong financial performance.

REV Group, Inc. (NYSE:REVG - Free Report) - Equities researchers at Sidoti Csr raised their FY2027 earnings estimates for REV Group in a report released on Wednesday, October 15th. Sidoti Csr analyst G. Burns now expects that the company will post earnings per share of $3.77 for the year, up from their previous forecast of $3.72. The consensus estimate for REV Group's current full-year earnings is $2.12 per share.

Several other research firms have also recently commented on REVG. Morgan Stanley set a $64.00 target price on REV Group in a research note on Tuesday, September 9th. Zacks Research upgraded REV Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 1st. DA Davidson increased their target price on REV Group from $55.00 to $68.00 and gave the company a "buy" rating in a research note on Thursday, September 4th. Robert W. Baird increased their target price on REV Group from $50.00 to $64.00 and gave the company an "outperform" rating in a research note on Thursday, September 4th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of REV Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $56.50.

REV Group Stock Performance

REV Group stock opened at $57.11 on Friday. The stock has a market cap of $2.79 billion, a P/E ratio of 26.94 and a beta of 1.16. The company has a current ratio of 1.63, a quick ratio of 0.53 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average of $56.11 and a 200-day moving average of $45.82. REV Group has a 52 week low of $25.76 and a 52 week high of $64.47.

REV Group (NYSE:REVG - Get Free Report) last issued its quarterly earnings data on Wednesday, September 3rd. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.16. REV Group had a net margin of 4.51% and a return on equity of 27.25%. The company had revenue of $644.90 million during the quarter, compared to the consensus estimate of $613.24 million. During the same quarter last year, the company earned $0.48 earnings per share. REV Group's revenue for the quarter was up 11.3% on a year-over-year basis. REV Group has set its FY 2025 guidance at EPS.

REV Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, September 26th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, September 26th. REV Group's dividend payout ratio (DPR) is presently 11.32%.

Hedge Funds Weigh In On REV Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. KBC Group NV bought a new stake in shares of REV Group during the first quarter valued at about $33,000. Canada Pension Plan Investment Board bought a new stake in shares of REV Group during the second quarter valued at about $38,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of REV Group during the first quarter valued at about $54,000. Farther Finance Advisors LLC raised its stake in shares of REV Group by 19.1% during the third quarter. Farther Finance Advisors LLC now owns 1,131 shares of the company's stock valued at $64,000 after purchasing an additional 181 shares in the last quarter. Finally, AlphaQuest LLC raised its stake in shares of REV Group by 5,215.4% during the second quarter. AlphaQuest LLC now owns 1,382 shares of the company's stock valued at $66,000 after purchasing an additional 1,356 shares in the last quarter.

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.

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