REVG Stock Summary and Trading Ideas (Rev Group | NYSE:REVG)

REV Group Inc is a United States-based designer, manufacturer, and distributor of specialty vehicles and related aftermarket parts and services. It provides customized vehicle solutions for applications including essential needs, industrial and commercial, and consumer leisure. The operating segments of the company are Fire & Emergency, Commercial, and Recreation. The products of the company are sold to municipalities, government agencies, private contractors, consumers, and industrial and commercial end-users. It derives a majority of the revenue from the Fire and Emergency segment which includes manufacturing of fire apparatus and ambulance products. The company operates in the United States, Canada, and the rest of the world.

Rev Group trades on the NYSE stock market under the symbol REVG.

As of November 20, 2024, REVG stock price declined to $29.21 with 358,380 million shares trading.

REVG has a beta of 2.11, meaning it tends to be more sensitive to market movements. REVG has a correlation of 0.26 to the broad based SPY ETF.

REVG has a market cap of $1.52 billion. This is considered a Small Cap stock.

Last quarter Rev Group reported $579 million in Revenue and $.48 earnings per share. This fell short of revenue expectation by $-39 million and exceeded earnings estimates by $.06.

In the last 3 years, REVG traded as high as $31.85 and as low as $9.50.

The top ETF exchange traded funds that REVG belongs to (by Net Assets): IWM, VTI, VB, VBR, VXF.

REVG has outperformed the market in the last year with a price return of +112.5% while the SPY ETF gained +32.5%. However, in the short term, REVG had mixed performance relative to the market. It has underperformed in the last 3 months, returning -1.3% vs +5.8% return in SPY. But in the last 2 weeks, REVG shares have fared better than the market returning +4.9% compared to SPY +2.4%.

REVG support price is $28.43 and resistance is $30.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that REVG shares will trade within this expected range on the day.