Rev Group Inc (NYSE:REVG) CFO Dean J. Nolden purchased 15,000 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were bought at an average price of $5.72 per share, with a total value of $85,800.00. Following the purchase, the chief financial officer now directly owns 156,100 shares of the company’s stock, valued at $892,892. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

NYSE:REVG traded up $0.04 during trading hours on Thursday, hitting $4.39. The company’s stock had a trading volume of 7,018 shares, compared to its average volume of 270,803. The business’s 50-day moving average is $8.05 and its two-hundred day moving average is $10.96. The company has a market capitalization of $283.40 million, a PE ratio of -40.36, a PEG ratio of 0.81 and a beta of 2.82. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.79 and a current ratio of 2.09. Rev Group Inc has a 52-week low of $4.17 and a 52-week high of $14.99.

Rev Group (NYSE:REVG) last released its quarterly earnings data on Wednesday, March 4th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.01). The business had revenue of $532.10 million during the quarter, compared to analysts’ expectations of $504.52 million. Rev Group had a positive return on equity of 4.54% and a negative net margin of 0.30%. The company’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.05) EPS. As a group, analysts predict that Rev Group Inc will post 0.53 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, April 30th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend is Wednesday, April 29th. Rev Group’s payout ratio is 50.00%.

REVG has been the subject of several analyst reports. ValuEngine cut Rev Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Deutsche Bank upped their price target on Rev Group from $9.00 to $12.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. Zacks Investment Research upgraded Rev Group from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. Wells Fargo & Co cut their price target on Rev Group from $10.00 to $4.00 and set an “underweight” rating for the company in a research note on Wednesday. Finally, Robert W. Baird cut their price target on Rev Group from $14.00 to $8.00 and set an “outperform” rating for the company in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $7.93.

A number of large investors have recently added to or reduced their stakes in REVG. Great West Life Assurance Co. Can acquired a new stake in Rev Group in the fourth quarter valued at $25,000. Marshall Wace North America L.P. acquired a new stake in Rev Group in the fourth quarter valued at $70,000. Tower Research Capital LLC TRC acquired a new stake in Rev Group in the third quarter valued at $84,000. Strs Ohio acquired a new stake in Rev Group in the fourth quarter valued at $85,000. Finally, Bank of Montreal Can grew its holdings in Rev Group by 16.1% in the fourth quarter. Bank of Montreal Can now owns 7,274 shares of the company’s stock valued at $88,000 after purchasing an additional 1,010 shares during the last quarter. Hedge funds and other institutional investors own 99.21% of the company’s stock.

About Rev Group

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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