Raven Industries, Inc. (NASDAQ:RAVN) released its quarterly earnings data on Monday. The conglomerate reported $0.33 EPS for the quarter, beating the consensus estimate of $0.23 by $0.10, Bloomberg Earnings reports. Raven Industries had a net margin of 9.57% and a return on equity of 11.67%.

Raven Industries (NASDAQ RAVN) opened at $34.65 on Tuesday. Raven Industries has a 1-year low of $23.65 and a 1-year high of $37.40. The company has a market cap of $1,220.00, a PE ratio of 39.76, a price-to-earnings-growth ratio of 3.55 and a beta of 1.44.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Thursday, October 12th. Raven Industries’s dividend payout ratio (DPR) is presently 61.90%.

Several research analysts have commented on the stock. Piper Jaffray Companies reissued a “hold” rating and set a $31.00 price objective on shares of Raven Industries in a report on Sunday, October 1st. BidaskClub downgraded shares of Raven Industries from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd. Dougherty & Co reissued a “buy” rating on shares of Raven Industries in a report on Friday, August 18th. Finally, SunTrust Banks, Inc. assumed coverage on shares of Raven Industries in a report on Friday, August 18th. They set a “hold” rating and a $36.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $33.50.

In other Raven Industries news, Director Marc E. Lebaron purchased 1,457 shares of the stock in a transaction that occurred on Monday, August 28th. The stock was purchased at an average price of $27.55 per share, with a total value of $40,140.35. Following the acquisition, the director now owns 3,457 shares in the company, valued at $95,240.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.80% of the stock is currently owned by company insiders.

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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).

Earnings History for Raven Industries (NASDAQ:RAVN)

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