The Favorable News Coverage Somewhat Unlikely to Impact Rev Group (REVG) Stock Price

The Favorable News Coverage Somewhat Unlikely to Impact Rev Group (REVG) Stock Price

Headlines about Rev Group (NYSE:REVG) have been trending positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rev Group earned a news sentiment score of 0.44 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.0910311272536 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the media headlines that may have effected Accern’s analysis:

REVG has been the subject of a number of recent analyst reports. SunTrust Banks started coverage on shares of Rev Group in a report on Friday, November 17th. They issued a “buy” rating and a $33.00 target price for the company. Stifel Nicolaus set a $36.00 price objective on shares of Rev Group and gave the stock a “buy” rating in a research note on Friday, February 9th. Zacks Investment Research downgraded shares of Rev Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 28th. Finally, Morgan Stanley started coverage on shares of Rev Group in a research note on Friday, March 2nd. They set an “equal weight” rating and a $32.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Rev Group has a consensus rating of “Buy” and an average price target of $35.00.

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Shares of Rev Group (NYSE REVG) opened at $26.99 on Wednesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.67 and a current ratio of 1.77. Rev Group has a 52 week low of $23.38 and a 52 week high of $33.15. The stock has a market cap of $1,730.00 and a P/E ratio of 57.43.

Rev Group (NYSE:REVG) last released its quarterly earnings data on Tuesday, December 19th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). Rev Group had a return on equity of 12.17% and a net margin of 1.38%. The business had revenue of $683.90 million for the quarter, compared to analysts’ expectations of $705.73 million. The company’s quarterly revenue was up 25.5% compared to the same quarter last year. sell-side analysts predict that Rev Group will post 1.75 EPS for the current year.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Friday, January 26th were paid a dividend of $0.05 per share. The ex-dividend date was Thursday, January 25th. This represents a $0.60 annualized dividend and a yield of 2.22%. Rev Group’s dividend payout ratio is currently 127.66%.

About Rev Group

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).

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