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Raven Industries, Inc. (RAVN)

NASDAQ: RAVN · IEX Real-Time Price · USD
57.76 -0.06 (-0.10%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap2.07B
Revenue (ttm)403.60M
Net Income (ttm)25.48M
Shares Out35.92M
EPS (ttm)0.70
PE Ratio82.40
Forward PE70.92
Dividendn/a
Ex-Dividend Daten/a
Volume61,754
Open57.80
Previous Close57.82
Day's Range57.76 - 57.80
52-Week Range21.31 - 59.60
Beta1.49
AnalystsStrong Buy
Price Target59.00 (+2.1%)
Est. Earnings DateNov 24, 2021

About RAVN

Raven Industries, Inc., a technology company, provides various products to customers in the industrial, agricultural, geo-membrane, construction, aerospace and defense, and commercial lighter-than-air markets worldwide. It operates through three segments: Applied Technology, Engineered Films, and Aerostar. The Applied Technology segment designs, manufactures, sells, and services precision agriculture products and information management tools that enable farmers to enhance farm yields. Its products include application controls, GPS-guidance stee...

IndustryIndustrial Conglomerates
Founded1956
CEODaniel Rykhus
Employees1,290
Stock ExchangeNASDAQ
Ticker SymbolRAVN
Full Company Profile

Financial Performance

In 2020, RAVN's revenue was $348.36 million, a decrease of -8.93% compared to the previous year's $382.53 million. Earnings were $18.88 million, a decrease of -46.37%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for RAVN stock is "Strong Buy." The 12-month stock price forecast is 59.00, which is an increase of 2.15% from the latest price.

Price Target
$59.00
(2.15% upside)
Analyst Consensus: Strong Buy

News

Raven Industries Gives $150,000 to South Dakota Mines for New Scholarship and Avionics Upgrades

RAPID CITY, S.D.--(BUSINESS WIRE)-- #RavenAerostar--South Dakota Mines' Department of Electrical Engineering has received $150,000 from Raven Industries to support the university's new minor in avionics

2 days ago - Business Wire

Raven Industries Acquires Intellectual Property From Alphabet's Loon For Undisclosed Sum

Raven Industries, Inc's (NASDAQ: RAVN) Raven Aerostar has acquired intellectual property (IP) and patents from Loon, LLC, a subsidiary of Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) and the developer o...

Other symbols:GOOGGOOGL
3 weeks ago - Benzinga

Raven Industries Acquires Intellectual Property From Loon

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- #IP--Raven Industries (NASDAQ:RAVN) has acquired intellectual property and patents from Loon, LLC (formerly Project Loon), a subsidiary of Alphabet Inc.

3 weeks ago - Business Wire

Raven Industries Uses Stratospheric Balloon Technology to Monitor Wildfires

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- #RavenAerostar--Raven Industries (NASDAQ:RAVN) monitors active wildfires via stratospheric balloon, successfully demonstrating the technology for wildfire management.

3 weeks ago - Business Wire

Raven Industries Shareholders Approve CNH Industrial Transaction

Raven Industries, Inc. (NASDAQ: RAVN) shareholders approved the pending transaction with CNH Industrial N.V. (NYSE: CNHI).

Other symbols:CNHI
1 month ago - Benzinga

Raven Industries Shareholders Approve Transaction With CNH Industrial

SIOUX FALLS, S.D.--(BUSINESS WIRE)--Raven Industries (NASDAQ:RAVN) shareholders voted to approve the pending transaction with CNH Industrial N.V. (NYSE: CNHI / MI: CNHI).

Other symbols:CNHI
1 month ago - Business Wire

Fortune and Great Place to Work® Name Raven Industries One of the 2021 Best Workplaces in Manufacturing & Production™...

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- #BestWorkplaces--Raven Industries has been honored by Great Place to Work® and Fortune magazine as one of the 2021 Best Workplaces in Manufacturing & Production™.

1 month ago - Business Wire

SHAREHOLDER ALERT: WeissLaw LLP Reminds INOV, XONE, RAVN, and STMP Shareholders About Its Ongoing Investigations

NEW YORK, Sept. 2, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or...

Other symbols:INOVSTMPXONE
1 month ago - PRNewsWire

Raven Industries Debuts Driverless Ag Technology on Case IH Magnum™ at U.S. Farm Show

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- #DriverlessAgTechnology--Raven Industries (NASDAQ:RAVN), the leader in Driverless Ag Technology, will showcase & demonstrate its OMNi suite of technology at Farm Pro...

1 month ago - Business Wire

Insight Enterprises Identified Among This Week's SMID-Cap Stocks With Market Capitalizations Between $300 Million And...

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This week, our deep-learning have identified Insight Enterprises among others.

Other symbols:CNSNSITNTGRTDS
1 month ago - Forbes

Raven Industries (RAVN) Q2 Earnings and Revenues Beat Estimates

Raven Industries (RAVN) delivered earnings and revenue surprises of 100.00% and 9.19%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Raven Industries Reports Second Quarter Fiscal 2022 Results

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- #earnings--Raven Industries, Inc. (NASDAQ:RAVN) today reported financial results for the second quarter that ended July 31, 2021.

1 month ago - Business Wire

Analysts Estimate Raven Industries (RAVN) to Report a Decline in Earnings: What to Look Out for

Raven Industries (RAVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Why This Surprising Sector Is Suddenly Hot

Deal activity is a sign that the agriculture sector is heating up in 2021.

Other symbols:ARKXCNHIDETRMB
3 months ago - The Motley Fool

Here's Why Momentum Investors Will Love Raven Industries (RAVN)

Does Raven Industries (RAVN) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 months ago - Zacks Investment Research

Raven Industries' (RAVN) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in Raven Industries, Inc. (RAVN).

3 months ago - Zacks Investment Research

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Raven Industries, Inc. - RAVN

NEW YORK, July 2, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action...

3 months ago - PRNewsWire

Cathie Wood's ARK Invest Sells Over 50,000 Shares of Raven Industries

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 50,000 shares of Raven Industries Inc.

3 months ago - 24/7 Wall Street

These Two Stocks Helped ARKQ to a Stellar Week

Helped by a bounce in growth stocks, the ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ) gained 6.36% last week, or more than half its year-to-date gain of 12.50%. Rebounding growth stocks are, of...

Other symbols:DDD
3 months ago - ETF Trends

5 Stocks to Make the Most of New Analyst Coverage

Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like RAVN, HCI, BRC, LPL and ATEX.

Other symbols:ATEXBRCHCILPL
3 months ago - Zacks Investment Research

RAVEN INDUSTRIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adeq...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Raven Industries, ...

Other symbols:CNHI
3 months ago - Business Wire

CNH Industrial CEO on acquiring Raven Industries in $2.1 billion deal

CNH Industrial CEO Scott Wine discussed the heavy equipment manufacturer's goals after announcing that it would acquire Raven Industries, the European maker of industrial vehicles and powertrain solutions.

Other symbols:CNHI
4 months ago - CNBC Television

Shareholder Alert: Ademi LLP investigates whether Raven Industries, Inc. has obtained a Fair Price in its transaction...

MILWAUKEE, June 21, 2021 /PRNewswire/ -- Ademi LLP is investigating Raven Industries (NASDAQ: RAVN) for possible breaches of fiduciary duty and other violations of law in its transaction with CNH. Click...

4 months ago - PRNewsWire

Raven Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Raven Industries, Inc. ...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Raven Industries, Inc. (NASDAQ: RAVN) to CNH Industrial N.V. for $58.00 per share is ...

4 months ago - Business Wire

Why Raven Industries Stock Is Soaring Higher Today

The company has a deal to be acquired by Italy's CNH Industrial.

4 months ago - The Motley Fool