After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for REV Group Inc. (REVG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -0.47%, to $14.78. The REV Group Inc. has recorded 8,231 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Rev Group, Inc. Reports Strong Third Quarter Results, Raises Fiscal 2023 Outlook.
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Stocks Info
As a NYSE listed company, REVG falls under the Industrials sector while operating within the Farm & Heavy Construction Machinery industry segment. At the end of the last regular session, the stock closed at $14.85 and fluctuated between $14.86 as its day high and $14.20 as its day low. The current market capitalization of REV Group Inc. is $867.83M. A total of 0.63 million shares were traded on the day, compared to an average of 191.83K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, REVG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 9 BUYs and 5 SELLs from insiders. Insiders purchased 432,120 shares during that period but sold 201,773.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. REV Group Inc. pays an annual dividend of $0.20, resulting in a dividend yield of 1.35%, and it has a price to earnings (P/E) ratio of 47.75. REVG’s most recent ex-dividend date was 9/28/2023 when it declared a $0.05 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 7/14/2023 with an ex-dividend date of 6/29/2023. The REVG stock dividend was $0.05 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for REVG in the last 3 months, the mean price target is $15.75 with high estimates of $20.00 and low estimates of $13.00. In terms of 52-week highs and lows, REVG has a high of $16.38 and a low of $9.85.
As of this writing, REVG has an earnings estimate of $0.29 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.35 per share and a lower estimate of $0.27. The company reported an EPS of $0.35 in the last quarter, which was 94.40% higher than expectations of $0.18.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. REVG’s latest balance sheet shows that the firm has $13.30M in Cash & Short Term Investments as of fiscal 2021. There were $234.90M in debt and $437.00M in liabilities at the time. Its Book Value Per Share was $7.72, while its Total Shareholder’s Equity was $518.80M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for REVG is Buy with a score of 3.00.
