REV Group, Inc. (REVG Quick QuoteREVG - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down almost 10% in the past one-month time frame.

The upside was likely to have been driven by the announcement of a new standard supplier agreement between REV Group and Meritor, Inc., per which REV Group would equip its bus, fire and specialty vehicles with Meritor's fully dressed axle assemblies.

The company has seen one negative estimate revision in the past  two months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame suggesting that there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

REV Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is  0.00%.

REV Group, Inc. Price and Consensus

A better-ranked stock in the Transportation - Servicesindustry is Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR Quick QuoteASR - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is REVG going up? Or down? Predict to see what others think: Up or Down

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