REV Group, Inc. (REVG) Hits Fresh High: Is There Still Room to Run?

Group 1 - REV Group's stock has increased by 16.9% over the past month and has gained 96.9% since the start of the year, outperforming the Zacks Transportation sector and the Zacks Transportation - Services industry [1] - The company has consistently beaten earnings estimates, reporting EPS of $0.79 against a consensus estimate of $0.63 in its last earnings report [2] - For the current fiscal year, REV Group is expected to post earnings of $2.58 per share on revenues of $2.45 billion, reflecting a 62.26% change in EPS and a 2.76% change in revenues [3] Group 2 - REV Group's valuation metrics indicate a current trading multiple of 24.3X current fiscal year EPS estimates, which is above the peer industry average of 22.1X [6] - The stock has a Value Score of C, Growth Score of B, and Momentum Score of A, resulting in a combined VGM Score of A [6] - REV Group currently holds a Zacks Rank of 1 (Strong Buy) due to favorable earnings estimate revisions from analysts [7] Group 3 - The company is projected to earn $3.5 per share on revenues of $2.61 billion for the next fiscal year, indicating a year-over-year change of 35.85% in EPS and 6.58% in revenues [3] - Investors are encouraged to consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, which REV Group meets [8]