The Raven Industries (RAVN) Earning Very Positive News Coverage, Study Shows

The Raven Industries (RAVN) Earning Very Positive News Coverage, Study Shows

RAVN has been the topic of several recent analyst reports. TheStreet raised Raven Industries from a “c” rating to a “b-” rating in a research note on Thursday, February 23rd. Dougherty & Co raised Raven Industries from a “neutral” rating to a “buy” rating in a research note on Friday, February 17th.

Headlines about Raven Industries (NASDAQ:RAVN) have been trending very positive recently, according to AlphaOne. AlphaOne, a service of Accern, identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Raven Industries earned a coverage optimism score of 0.56 on AlphaOne’s scale. AlphaOne also gave media coverage about the conglomerate an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the near future.

Shares of Raven Industries (NASDAQ:RAVN) opened at 35.65 on Monday. The firm has a 50-day moving average price of $31.65 and a 200-day moving average price of $27.94. The company has a market cap of $1.29 billion, a P/E ratio of 47.72 and a beta of 0.92. Raven Industries has a 1-year low of $18.01 and a 1-year high of $36.05. Raven Industries (NASDAQ:RAVN) last announced its quarterly earnings results on Monday, May 22nd. The conglomerate reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.10. The company had revenue of $93.54 million during the quarter. Raven Industries had a return on equity of 5.92% and a net margin of 3.60%. On average, equities analysts expect that Raven Industries will post $0.98 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 21st. Shareholders of record on Friday, July 7th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, July 5th. This represents a $0.52 annualized dividend and a yield of 1.46%. Raven Industries’s dividend payout ratio is presently 200.00%. Raven Industries Company Profile

Raven Industries, Inc is a diversified technology company providing a range of products to customers within the industrial, agricultural, energy, construction and defense markets. The Company operates through three segments: Applied Technology Division (Applied Technology), Engineered Films Division (Engineered Films) and Aerostar Division (Aerostar).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:RAVN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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