Analyst’s Ratings on: Raven Industries Inc. (RAVN)

The shares of Raven Industries Inc. (NASDAQ:RAVN) currently has mean rating of 3.00 while 0 analysts have recommended the shares as “BUY”, 0 recommended as “OUTPERFORM” and 2 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jul 16 is 67.50M by 1 analysts. The means estimate of sales for the year ending Jan-17 is 262.90M by 1 analysts.

The mean price target for the shares of Raven Industries Inc. (RAVN) is at 16.00 while the highest price target suggested by the analysts is 16.00 and low price target is 16.00. The mean price target is calculated keeping in view the consensus of 1 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Raven Industries Inc. (RAVN) stands at 0.09 while the EPS for the current year is fixed at 0.42 by 1 analysts.

The next one year’s EPS estimate is set at 0.54 by 1 analysts while a year ago the analysts suggested the company’s EPS at 0.42. The analysts also projected the company’s long-term growth at 15.00% for the upcoming five years.

In its latest quarter ended on 30th April 2016, Raven Industries Inc. (RAVN) reported earnings of $0.15. The posted earnings topped the analyst’s consensus by $0.06 with the surprise factor of 66.70%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 24, 2016 Raven Industries Inc. (RAVN) announced that its board of directors has approved a regular quarterly cash dividend of 13 cents per share. The dividend is payable July 22, 2016, to shareholders of record on July 8, 2016.

About Raven Industries, Inc.:

Since 1956, Raven Industries has designed and manufactured high quality, high-value technical products. Raven is publicly traded on NASDAQ (RAVN) and has earned an international reputation for innovation, product quality, high performance, and unmatched service. Raven realizes its vision by developing innovative solutions to great challenges related to the markets we understand and serve.

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