Goldman Sachs reiterated coverage on REV Group with a new price target
$REVG
Auto Manufacturing
Consumer Discretionary
Goldman Sachs reiterated coverage of REV Group with a rating of Sell and set a new price target of $13.25 from $15.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/11/2024 | $29.50 | Equal-Weight | Morgan Stanley |
| 9/27/2023 | $16.00 → $20.00 | Neutral → Buy | DA Davidson |
| 3/6/2023 | $16.00 | Neutral → Outperform | Robert W. Baird |
| 6/29/2022 | $11.00 | Neutral | DA Davidson |
| 4/8/2022 | $14.00 | Outperform → Neutral | Robert W. Baird |
| 3/11/2022 | $12.00 → $11.00 | Underperform | Credit Suisse |
| 12/21/2021 | $13.00 → $11.00 | Underperform | Credit Suisse |
| 12/17/2021 | $15.50 → $13.25 | Sell | Goldman Sachs |
Morgan Stanley initiated coverage of REV Group with a rating of Equal-Weight and set a new price target of $29.50
DA Davidson upgraded REV Group from Neutral to Buy and set a new price target of $20.00 from $16.00 previously
Robert W. Baird upgraded REV Group from Neutral to Outperform and set a new price target of $16.00
4 - REV Group, Inc. (0001687221) (Issuer)
3 - REV Group, Inc. (0001687221) (Issuer)
4 - REV Group, Inc. (0001687221) (Issuer)
8-K - REV Group, Inc. (0001687221) (Filer)
10-Q - REV Group, Inc. (0001687221) (Filer)
8-K - REV Group, Inc. (0001687221) (Filer)
Third quarter net sales of $579.4 million compared to $680.0 million in the prior year quarter Third quarter net income of $18.0 million compared to net income of $14.9 million in the prior year quarter Third quarter Adjusted EBITDA1 of $45.2 million compared to $39.4 million in the prior year quarter, the latter of which included $9.2 million of Adjusted EBITDA attributable to Collins Bus Corporation ("Collins") which was divested on January 26, 2024 Excluding the impact of the Collins divestiture, Adjusted EBITDA increased $15.0 million, or 49.7% compared to the prior year quarter. Third quarter Adjusted Net Income1 of $24.8 million compared to $20.9 million in the prior ye
REV Group, Inc. (NYSE:REVG), today announced that it is planning to release its third quarter fiscal 2024 results before the market open on Wednesday, September 4, 2024. The results will be discussed during a live webcast later that morning on September 4, 2024, beginning at 10:00 a.m. ET. To access the webcast, investors should go to www.revgroup.com at least 15 minutes prior to the event. Slides for the webcast will be available on the website before the start of the call. The conference call can also be accessed by dialing 1-877-407-9208 (domestic) or 1-201-493-6784 (international) and asking for the REV Group Third Quarter Fiscal 2024 Earnings Conference Call. A telephonic replay will
REV Group, Inc. (NYSE:REVG), today announced that it is planning to release its second quarter fiscal 2024 results before market open on Wednesday, June 5, 2024. The results will be discussed during a live webcast later that morning on June 5, 2024, beginning at 10:00 a.m. ET. To access the webcast, investors should go to www.revgroup.com at least 15 minutes prior to the event. Slides for the webcast will be available on the website before the start of the call. The conference call can also be accessed by dialing 1-877-407-9208 (domestic) or 1-201-493-6784 (international) and asking for the REV Group Second Quarter Fiscal 2024 Earnings Conference Call. A telephonic replay will be availabl
REV Group, Inc. (NYSE:REVG), a manufacturer of industry-leading specialty vehicle brands, announced plans earlier this year to exit the bus manufacturing business and today reports the finalized sale of ElDorado National (California), Inc. (ENC) to Rivaz, Inc. for a purchase price of approximately $52 million. REV Group intends to use the net proceeds from the sale to pay down outstanding borrowings under the company's ABL credit facility. "ENC has a long history with five decades in the mass transit industry, so we are delighted the brand is set to continue under Rivaz. I want to thank our customers as well as ENC employees and dealers for their support during this period of transition,"
REV Group, Inc. (NYSE:REVG), a leading designer and manufacturer of specialty vehicles, announces that David C. Dauch has been elected as an independent member of its Board of Directors, effective from Friday, October 11. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241014609366/en/REVG), a leading designer and manufacturer of specialty vehicles, announces that David C. Dauch has been elected as an independent member of its Board of Directors, effective from Friday, October 11. (Photo: Business Wire)">REV Group, Inc. (NYSE:REVG), a leading designer and manufacturer of specialty vehicles, announces that David C. Dauch has been e
REV Group, Inc. (NYSE:REVG), today announced Amy Campbell, CFO, will participate in a fireside chat at the Morgan Stanley 12th Annual Laguna Conference on Thursday, September 12, 2024. The event is scheduled to begin at 12:15 pm PDT. A live audio webcast can be accessed through the investor relations section of the company's website at www.revgroup.com. About REV Group, Inc. REV Group® companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through two segments: Specialty Vehicles and Recreational Vehicles. The Specialty Vehicles Segment provides customize
Morgan Stanley analyst Angel Castillo initiates coverage on REV Group (NYSE:REVG) with a Equal-Weight rating and announces Price Target of $29.5.
REV Group, Inc. (NYSE:REVG) shares are trading higher after the company reported second-quarter FY24 results. Net sales of $616.9 million beat the consensus of $601.5 million. Excluding the impact of the Collins divestiture, net sales decreased 2.7% Y/Y due to lower net sales in the Recreational Vehicles segment. Specialty Vehicles segment net sales rose 2.9% Y/Y but Recreational Vehicles segment net sales fell 30% Y/Y. Adjusted EBITDA stood at $37.5 million, vs. $41.9 million a year ago quarter. Adjusted EPS of $0.39 exceeded the street view of $0.26. Effective January 26, the company closed the sale of its school bus business, Collins Bus Corporation, to Forest River Bus, LLC f
SC 13G/A - REV Group, Inc. (0001687221) (Subject)
SC 13G - REV Group, Inc. (0001687221) (Subject)
SC 13G - REV Group, Inc. (0001687221) (Subject)
REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today. Campbell sits on REV's executive leadership team and reports to CEO and President Mark Skonieczny. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240415263342/en/REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today. Campbell sits on REV's executive leadership team and reports to CEO and President Mark Skonieczny. (Photo: Business Wire)">REV Group, Inc. (NYSE:REVG), a leading ma
REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Stephen (Steve) Zamansky has joined the company as senior vice president / general counsel, effective today. Paul Robinson, who has served as interim general counsel since April 2023, will remain with the company until January 2024 to ensure a seamless transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231030902478/en/REV Group announces Stephen Zamansky has joined as Senior Vice President and General Counsel. (Photo: Business Wire) As senior vice president / general counsel, Zamansky is responsible for REV Group and its companies' legal
REV Group, Inc. (NYSE:REVG), a leading designer and manufacturer of specialty vehicles, announced the appointment of Mark Skonieczny as President and Chief Executive Officer, effective immediately. Previously, Mr. Skonieczny had served as Interim CEO and Chief Financial Officer. Mr. Skonieczny joined the Company's Board in January 2023 and will continue to serve as a director. The company has initiated a comprehensive search for a new CFO. Prior to joining REV Group, Mr. Skonieczny held positions as Vice President and Corporate Controller of Adient PLC and spent 17 years at Johnson Controls in a variety of financial roles including Vice President of Corporate Development, Vice President o