About REV Group (NYSE:REVG)
REV Group, Inc. is a designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. The Company operates through three segments: Fire & Emergency, Commercial and Recreation. The Company provides customized vehicle solutions for applications, including essential needs (ambulances, fire apparatus, school buses, mobility vans and municipal transit buses), industrial and commercial (terminal trucks, cut-away buses and street sweepers) and consumer leisure (recreational vehicles (RVs) and luxury buses). The Fire & Emergency segment manufactures a range of fire apparatus and ambulance products. The Commercial segment manufactures transit and shuttle buses, Type A school buses, mobility vans, and other specialty vehicles, including sweepers and terminal trucks distributed both through dealers and direct. The Recreation segment manufactures motorized RV products sold to brand-loyal, repeat customers who purchase through dealers.
Industry, Sector and Symbol:
- Industry: Auto & Truck Manufacturers
- Sub-Industry: N/A
- Sector: Transportation
- Symbol: NYSE:REVG
- Previous Symbol: NASDAQ:REVG
- CUSIP: N/A
- Web: www.revgroup.com
- Debt-to-Equity Ratio: 0.55%
- Current Ratio: 2.04%
- Quick Ratio: 0.76%
Sales & Book Value:
- Forward P/E Ratio: 25.36
- P/E Growth: 0.61
- Annual Sales: $1.92599 billion
- Price / Sales: 0.84
- Book Value: N/A
- Price / Book: N/A
- Annual Dividend: $0.60
- Dividend Yield: 2.4%
- Net Income: $30.19 million
- Net Margins: 0.98%
- Return on Equity: 10.51%
- Return on Assets: 3.95%
- Employees: 6,000
- Outstanding Shares: 64,150,000
Frequently Asked Questions for REV Group (NYSE:REVG)
What is REV Group's stock symbol?
REV Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "REVG."
How often does REV Group pay dividends? What is the dividend yield for REV Group?
REV Group announced a quarterly dividend on Monday, September 11th. Investors of record on Tuesday, October 31st will be given a dividend of $0.05 per share on Thursday, November 30th. This represents a $0.20 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend is Monday, October 30th. View REV Group's Dividend History.
How were REV Group's earnings last quarter?
REV Group, Inc. (NYSE:REVG) issued its earnings results on Thursday, September, 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.05. The firm had revenue of $595.60 million for the quarter, compared to the consensus estimate of $619.57 million. REV Group had a return on equity of 10.51% and a net margin of 0.98%. The company's revenue for the quarter was up 12.8% compared to the same quarter last year. View REV Group's Earnings History.
Where is REV Group's stock going? Where will REV Group's stock price be in 2017?
11 brokerages have issued twelve-month price targets for REV Group's shares. Their forecasts range from $30.00 to $35.00. On average, they anticipate REV Group's stock price to reach $32.44 in the next twelve months. View Analyst Ratings for REV Group.
What are Wall Street analysts saying about REV Group stock?
Here are some recent quotes from research analysts about REV Group stock:
- 1. According to Zacks Investment Research, "REV Group, Inc. designs, manufactures and distributes specialty vehicles, and related aftermarket parts and services. Its operating segment includes Fire & Emergency, Commercial and Recreation. Fire & Emergency segment provides ambulances, fire apparatus, school buses, mobility vans and municipal transit buses. Commercial segment provides industrial and commercial services through terminal trucks, cut-away buses and street sweepers. Recreation segment provides consumer leisure through recreational vehicles and luxury buses. REV Group, Inc. is headquartered in Milwaukee, WI. " (11/11/2017)
- 2. Jefferies Group LLC analysts commented, "We are initiating coverage of REV Group (NYSE: REVG) with a BUY rating and $35 price target. Post IPO the company enters 2017 with a clean balance sheet, significant dry-powder for industry consolidation and the ability to outpace peer revenue and earnings growth. With management's proven track record and the expectation to outgrow the market, peer group multiples would reflect +30% upside to the current share price." (2/22/2017)
Who are some of REV Group's key competitors?
Some companies that are related to REV Group include SkyWest (SKYW), Spirit Airlines (SAVE), Werner Enterprises (WERN), Golar LNG Limited (GLNG), Allegiant Travel Company (ALGT), GATX Corporation (GATX), Jungheinrich AG (JGHAF), Hawaiian Holdings (HA), Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB), Despegar.com Corp. (DESP), Aircastle Limited (AYR), PostNL NV (PNLYY), Heartland Express (HTLD), Forward Air Corporation (FWRD), Herc Holdings (HRI), Saia (SAIA), Hertz Global Holdings (HTZ) and Hub Group (HUBG).
Who are REV Group's key executives?
REV Group's management team includes the folowing people:
- Timothy W. Sullivan, President, Chief Executive Officer, Director (Age 63)
- Dean J. Nolden, Chief Financial Officer (Age 48)
- Thomas B. Phillips, Chief Operating Officer (Age 71)
- Barbara H. Stephens, Chief Human Resource Officer (Age 57)
- Marcus Berto, Executive Vice President (Age 46)
- Stephan Engler, Chief Information Officer (Age 37)
- Pamela S. Krop, General Counsel (Age 58)
- Paul J. Bamatter, Director (Age 60)
- Dino M. Cusumano, Director (Age 42)
- Justin Fish, Director (Age 34)
When did REV Group IPO?
(REVG) raised $250 million in an IPO on Friday, January 27th 2017. The company issued 12,500,000 shares at $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley and Baird acted as the underwriters for the IPO and BMO Capital Markets, Credit Suisse, Deutsche Bank Securities, Jefferies, Wells Fargo Securities and Stifel were co-managers.
Who owns REV Group stock?
REV Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bamco Inc. NY (1.64%), Ameriprise Financial Inc. (1.28%), Wells Fargo & Company MN (1.11%), Peregrine Capital Management LLC (1.09%), Vaughan Nelson Investment Management L.P. (1.08%) and Rice Hall James & Associates LLC (0.99%). Company insiders that own REV Group stock include American Industrial Partners C, Dino M Cusumano, Joel M Rotroff, Kim A Marvin and Thomas B Phillips. View Institutional Ownership Trends for REV Group.
Who sold REV Group stock? Who is selling REV Group stock?
REV Group's stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Citadel Advisors LLC, Rice Hall James & Associates LLC, Monarch Partners Asset Management LLC, Nationwide Fund Advisors, Russell Investments Group Ltd., Macquarie Group Ltd. and Wells Fargo & Company MN. Company insiders that have sold REV Group company stock in the last year include American Industrial Partners C, Dino M Cusumano, Joel M Rotroff, Kim A Marvin and Thomas B Phillips. View Insider Buying and Selling for REV Group.
Who bought REV Group stock? Who is buying REV Group stock?
REV Group's stock was bought by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Bamco Inc. NY, First Trust Advisors LP, Schroder Investment Management Group, Vaughan Nelson Investment Management L.P., Comerica Bank, Cortina Asset Management LLC and Stifel Financial Corp. View Insider Buying and Selling for REV Group.
How do I buy REV Group stock?
Shares of REV Group can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is REV Group's stock price today?
One share of REV Group stock can currently be purchased for approximately $25.11.
How big of a company is REV Group?
REV Group has a market capitalization of $1.61071 billion and generates $1.92599 billion in revenue each year. REV Group employs 6,000 workers across the globe.
How can I contact REV Group?
REV Group's mailing address is 111 East Kilbourn Avenue Suite 2600, Milwaukee WI, 53202. The company can be reached via phone at 414-290-0190 or via email at [email protected]
MarketBeat Community Rating for REV Group (NYSE REVG)MarketBeat's community ratings are surveys of what our community members think about REV Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for REV Group (NYSE:REVG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 3 Hold Ratings, 8 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.73)|
|Consensus Price Target: ||$32.44 (29.21% upside)|
Consensus Price Target History for REV Group (NYSE:REVG)
Analysts' Ratings History for REV Group (NYSE:REVG)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/17/2017||SunTrust Banks, Inc.||Initiated Coverage||Buy -> Buy||$33.00||N/A|
|3/15/2017||BMO Capital Markets||Initiated Coverage||Outperform||$32.00||Low|
|2/22/2017||J P Morgan Chase & Co||Reiterated Rating||Buy||$35.00||N/A|
|2/22/2017||Jefferies Group LLC||Initiated Coverage||Buy -> Buy||$35.00||N/A|
|2/21/2017||Deutsche Bank AG||Initiated Coverage||Hold -> Hold||$30.00||N/A|
|2/21/2017||Credit Suisse Group||Initiated Coverage||Outperform -> Outperform||$33.00||N/A|
|2/21/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral -> Neutral||N/A|
|2/21/2017||Robert W. Baird||Initiated Coverage||Outperform -> Outperform||$31.00||N/A|
|2/21/2017||Wells Fargo & Company||Initiated Coverage||Outperform -> Outperform||N/A|
|2/21/2017||Morgan Stanley||Initiated Coverage||Equal -> Equal Weight||$33.00 -> $30.00||N/A|
|2/21/2017||Stifel Nicolaus||Initiated Coverage||Buy -> Buy||$33.00||N/A|
Earnings History and Estimates Chart for REV Group (NYSE:REVG)
Earnings History by Quarter for REV Group (NYSE REVG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/7/2017||Q3 2017||$0.28||$0.33||$619.57 million||$595.60 million||View||Listen|
|6/6/2017||Q2 2017||$0.25||$0.29||$570.27 million||$545.32 million||View||Listen|
Earnings Estimates for REV Group (NYSE:REVG)
Current Year EPS Consensus Estimate: $0.99 EPS
Next Year EPS Consensus Estimate: $1.64 EPS
Current Dividend Information for REV Group (NYSE:REVG)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||60.61% (Based on This Year's Estimates)|
36.59% (Based on Next Year's Estimates)
Dividend History by Quarter for REV Group (NYSE REVG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for REV Group (NYSE REVG)
Institutional Ownership Percentage: 23.71%
Insider Trades by Quarter for REV Group (NYSE REVG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/27/2017||Joel M Rotroff||Director||Sell||985||$26.09||$25,698.65|| |
|10/17/2017||Kim A Marvin||Director||Sell||40,263||$26.09||$1,050,461.67|| |
|9/13/2017||Thomas B Phillips||COO||Sell||10,000||$26.73||$267,300.00|| |
|2/9/2017||American Industrial Partners C||Major Shareholder||Sell||1,247,878||$20.54||$25,631,414.12|| |
|2/9/2017||Dino M Cusumano||Director||Sell||1,253,222||$20.54||$25,741,179.88|| |
Latest Headlines for REV Group (NYSE REVG)
REV Group (NYSE REVG) Chart for Sunday, November, 19, 2017