The Latest Breaking News from REVG

As the demand for new vehicles proliferates, inventory levels improve, and a global transition to Electric Vehicles (EVs) escalates, the automotive sector is primed for substantial growth. Therefore, quality auto stocks Volvo (VLVLY), Stellantis N.V. (STLA), and REV Group (REVG), trading under $30 and rated an A (Strong Buy) in…

Specialty vehicle manufacturer REV Group (REVG) prepares to disclose its forthcoming quarterly earnings. The auto stock has witnessed an upsurge in its prices lately. But would it be wise to buy the stock before it reports earnings? Read on to find out….

Specialty vehicle manufacturer REV Group (REVG) has been soaring in price lately. However, is this momentum backed by fundamentals? Let’s discuss some of its key financial metrics to gauge its prospects.

As the future brightens for the automotive industry, let’s compare Tesla (TSLA) and REV Group (REVG) to ascertain which of these two key players is a quality investment now. Read on.

Tesla’s (TSLA) aggressive price reduction strategy to insulate itself from broader macroeconomic uncertainties and escalating competition within the Electric Vehicle (EV) market has, unfortunately, affected its profitability. However, the automobile industry demonstrates resilience amid growing consumer demand for vehicles and an amplified transition toward EVs. Therefore, investment in better-positioned automotive…

While macroeconomic uncertainties will remain in the short term, rising demand for commercial and electric vehicles should bolster long-term growth in the auto industry. Hence, quality auto stock REV Group (REVG) could be an ideal buy. However, fundamentally weak Rivian Automotive (RIVN) might be best avoided now. Keep reading.

On the backs of growing demand for Electric Vehicles (EVs), the automobile sector is poised to thrive in the foreseeable future. Therefore, automotive stocks Daimler Truck Holding (DTRUY) and REV Group (REVG), with strong fundamentals, could be wise portfolio additions in May. Read on to find more….

Despite significant interest rate hikes by central banks to combat inflation, the global economy seems to have enough demand to avoid a recession. Hence, it would be a good time to invest in lesser-known stocks Innospec (IOSP), REV Group (REVG), and Overseas Shipping Group (OSG), with fundamental strength and long…

The recreational vehicles industry is expected to thrive in the post-pandemic world with its rising popularity among millennials and increasing commercial usage. Against this backdrop, recreational vehicles stocks REV Group (REVG) and LCI (LCII) could be strong bets this summer as vacationers gear up for outdoor experiences.

Credit Suisse analyst Jamie Cook lowered the price target on REV Group Inc (NASDAQ:REVG) to $10 from $11 while maintaining the Underperform rating on the shares. The analyst stated that within the quarter, REVG did not experience supply chain improvement as expected, and in some instances, the situation worsened. REVG now expects supply chain challenges…

REV Group Inc (NASDAQ:REVG) reported a second-quarter FY22 sales decline of 10.5% year-over-year to $576.3 million, missing the consensus of $595.59 million. The gross margin declined by 367 bps to 9.9%, and the operating margin fell 525 bps to 0.2%. Adjusted EPS of $0.17 missed the consensus of $0.23. Adjusted EBITDA declined…