3 Reasons Growth Investors Will Love REV Group (REVG)

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging [1] Group 1: Company Overview - REV Group is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 47.8%, with projected EPS growth of 32.7% this year, significantly outperforming the industry average of -3.3% [4] Group 2: Financial Metrics - REV Group has an asset utilization ratio (sales-to-total-assets ratio) of 1.96, indicating it generates $1.96 in sales for every dollar in assets, compared to the industry average of 0.88 [5] - The company's sales are expected to grow by 8.1% this year, while the industry average is 0% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for REV Group, with the Zacks Consensus Estimate for the current year increasing by 0.5% over the past month [7] - REV Group has earned a Growth Score of A and holds a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [9]