Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Rev Group Inc before investing.

In this article, we go over a few key elements for understanding Rev Group Inc’s stock price such as:

• Rev Group Inc’s current stock price and volume
• Why Rev Group Inc’s stock price changed recently
• Upgrades and downgrades for REVG from analysts
• REVG’s stock price momentum as measured by its relative strength

About Rev Group Inc (REVG)

Before we jump into Rev Group Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

REV Group, Inc. is engaged in designing and manufacturing specialty vehicles and related aftermarket parts and services. The Company operates through two segments: Specialty Vehicles and Recreational Vehicles. The Company provides customized vehicle solutions for applications, including essential needs for public services (ambulances and fire apparatus), commercial infrastructure (terminal trucks and industrial sweepers) and consumer leisure (recreational vehicles). It sells fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara and Spartan Emergency Response, which consists of Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brands, and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue and Wheeled Coach brands. The Recreational Vehicles segment serves the RV market through the principal brands: American Coach, Fleetwood RV, Holiday Rambler, Renegade RV, and others.

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Rev Group Inc’s Stock Price as of Market Close

As of March 26, 2024, 4:00 PM, CST, Rev Group Inc’s stock price was $19.72.

Rev Group Inc is up 6.08% from its previous closing price of $18.59.

During the last market session, Rev Group Inc’s stock traded between $18.51 and $18.72. Currently, there are 59.05 million shares of Rev Group Inc stock available for purchase.

Rev Group Inc’s price-earnings (P/E) ratio is currently at 4.6, which is low compared to the Heavy Machinery & Vehicles industry median of 14.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Rev Group Inc Stock Price History

Rev Group Inc’s (REVG) price is currently down 4.46% so far this month.

During the month of March, Rev Group Inc’s stock price has reached a high of $21.33 and a low of $17.76.

Over the last year, Rev Group Inc has hit prices as high as $21.33 and as low as $8.34. Year to date, Rev Group Inc’s stock is up 84.59%.

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What Caused Rev Group Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 25, 2024, there were 3 analysts who downgraded Rev Group Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Rev Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Rev Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Rev Group Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Rev Group Inc (REVG) by visiting AAII Stock Evaluator.

Relative Price Strength of Rev Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 25, 2024, Rev Group Inc has a weighted four-quarter relative price strength of 10.10%, which translates to a Momentum Score of 87 and is considered to be Very Strong.

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Rev Group Inc Stock Price: Bottom Line

As of March 26, 2024, Rev Group Inc’s stock price is $19.72, which is up 6.08% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Rev Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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