Favorable Media Coverage Somewhat Unlikely to Impact Rev Group (NYSE:REVG) Share Price

Media coverage about Rev Group (NYSE:REVG) has trended positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. 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 impact score of 0.33 on Accern’s scale. Accern also assigned news articles about the company an impact score of 48.3287980988701 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

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

Rev Group (NYSE REVG) opened at $31.50 on Friday. The company has a current ratio of 1.77, a quick ratio of 0.67 and a debt-to-equity ratio of 0.40. Rev Group has a twelve month low of $23.38 and a twelve month high of $33.15. The stock has a market capitalization of $2,027.01 and a PE ratio of 75.00.

Rev Group (NYSE:REVG) last announced its quarterly earnings data on Tuesday, December 19th. The company reported $0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). Rev Group had a net margin of 1.38% and a return on equity of 12.17%. The business had revenue of $683.90 million during the quarter, compared to analysts’ expectations of $705.73 million. The firm’s revenue was up 25.5% on a year-over-year basis. analysts expect that Rev Group will post 1.72 EPS for the current year.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, January 26th will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Thursday, January 25th. Rev Group’s dividend payout ratio is presently 142.86%.

REVG has been the topic of a number of research reports. Stifel Nicolaus raised their price target on Rev Group from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, December 21st. Zacks Investment Research lowered Rev Group from a “hold” rating to a “sell” rating in a report on Saturday, November 11th. Finally, SunTrust Banks initiated coverage on Rev Group in a report on Friday, November 17th. They set a “buy” rating and a $33.00 price target on the stock. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $33.70.

In other Rev Group news, Director Joel M. Rotroff sold 985 shares of Rev Group stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $26.09, for a total value of $25,698.65. Following the sale, the director now owns 3,205 shares of the company’s stock, valued at approximately $83,618.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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Rev Group Company Profile

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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