Equities research analysts expect Rev Group Inc (NYSE:REVG) to post $0.26 earnings per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Rev Group’s earnings. The highest EPS estimate is $0.34 and the lowest is $0.20. Rev Group reported earnings of $0.24 per share in the same quarter last year, which would suggest a positive year over year growth rate of 8.3%. The business is expected to announce its next quarterly earnings report on Wednesday, June 5th.

On average, analysts expect that Rev Group will report full-year earnings of $1.20 per share for the current financial year, with EPS estimates ranging from $1.10 to $1.42. For the next financial year, analysts expect that the business will report earnings of $1.36 per share, with EPS estimates ranging from $1.25 to $1.55. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover Rev Group.

Rev Group (NYSE:REVG) last issued its quarterly earnings data on Wednesday, March 6th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.07). Rev Group had a negative net margin of 0.46% and a positive return on equity of 9.21%. The business had revenue of $518.70 million for the quarter, compared to analysts’ expectations of $510.80 million. During the same quarter in the prior year, the company posted $0.15 EPS. The business’s revenue for the quarter was up .7% on a year-over-year basis.

Several analysts have recently commented on the company. Zacks Investment Research upgraded Rev Group from a “strong sell” rating to a “buy” rating and set a $10.00 price objective for the company in a report on Thursday, February 21st. Credit Suisse Group lowered Rev Group from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $16.00 to $8.00 in a report on Tuesday, January 22nd. BMO Capital Markets decreased their price objective on Rev Group to $12.50 and set an “outperform” rating for the company in a report on Monday, March 18th. They noted that the move was a valuation call. Finally, Deutsche Bank set a $9.00 target price on Rev Group and gave the company a “hold” rating in a research report on Friday, March 8th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $11.25.

Shares of REVG opened at $11.89 on Friday. Rev Group has a 12 month low of $6.41 and a 12 month high of $18.62. The company has a quick ratio of 0.81, a current ratio of 2.32 and a debt-to-equity ratio of 0.91. The firm has a market cap of $760.59 million, a PE ratio of 11.54, a price-to-earnings-growth ratio of 1.02 and a beta of 2.95.

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Tuesday, April 30th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Monday, April 29th. Rev Group’s payout ratio is 19.42%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CIBC World Markets Inc. grew its position in Rev Group by 1.3% during the 1st quarter. CIBC World Markets Inc. now owns 138,421 shares of the company’s stock worth $1,516,000 after purchasing an additional 1,719 shares during the period. NJ State Employees Deferred Compensation Plan grew its position in Rev Group by 6.3% during the 4th quarter. NJ State Employees Deferred Compensation Plan now owns 34,000 shares of the company’s stock worth $255,000 after purchasing an additional 2,000 shares during the period. Parametric Portfolio Associates LLC grew its position in Rev Group by 0.5% during the 1st quarter. Parametric Portfolio Associates LLC now owns 474,186 shares of the company’s stock worth $5,192,000 after purchasing an additional 2,172 shares during the period. The Manufacturers Life Insurance Company grew its position in Rev Group by 21.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 12,494 shares of the company’s stock worth $137,000 after purchasing an additional 2,193 shares during the period. Finally, Bank of Montreal Can grew its position in Rev Group by 211.1% during the 1st quarter. Bank of Montreal Can now owns 3,883 shares of the company’s stock worth $43,000 after purchasing an additional 2,635 shares during the period.

Rev Group Company Profile

REV Group, Inc designs, manufactures, and distributes specialty vehicles in the United States, Canada, Europe, Africa, the Middle East, Latin America, the Caribbean, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment offers a range of fire apparatus and ambulance products for municipalities and private contractors.

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