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Rev Group Inc (NYSE:REVG)’s stock reached an all-time high of 46.12 USD, marking a significant milestone for the company. With a market capitalization of $2.2 billion and a P/E ratio of 24.2, InvestingPro analysis suggests the stock is approaching Fair Value levels. This peak reflects a remarkable 84.29% increase over the past year, showcasing the company’s strong performance and investor confidence. The surge in stock price underscores the market’s positive outlook, though InvestingPro data indicates the RSI suggests overbought conditions. The company maintains healthy financials with a current ratio of 1.66 and moderate debt levels, while analysts project profitability with an EPS forecast of $2.41 for fiscal year 2025. As the company continues to expand its operations and capture market opportunities, stakeholders remain optimistic about its future trajectory. Discover 13 additional exclusive insights and comprehensive analysis available through InvestingPro’s detailed research report.
In other recent news, REV Group reported impressive financial results for the second quarter of fiscal year 2025, with earnings per share (EPS) of $0.70, surpassing the forecasted $0.55. The company’s revenue also exceeded expectations, reaching $629.1 million compared to the anticipated $603.5 million. DA Davidson analysts responded by raising their price target for REV Group stock to $51 from $39, maintaining a Buy rating, as they noted the company’s increased EBITDA forecast for fiscal year 2025. Morgan Stanley (NYSE:MS) also upgraded REV Group’s stock rating from Underweight to Equalweight, citing strong execution and robust product demand as key factors.
Additionally, REV Group announced the promotion of Linas Polteraitis to chief supply chain officer, highlighting his role in strengthening procurement and supply chain operations. The company has shown confidence in its fiscal year 2027 guidance, aiming for $310 million in EBITDA, up from a $210 million midpoint in fiscal year 2025. Challenges in the Recreation segment are not expected to persist, according to analysts, who remain optimistic about the company’s outlook. REV Group has also provided full-year revenue guidance of $2.35 billion to $2.45 billion and adjusted EBITDA guidance of $200 million to $220 million.
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