Raven Industries Inc (NASDAQ:RAVN) Institutional Investors Sentiment

April 17, 2018 - By wolcottdaily

Raven Industries, Inc. (NASDAQ:RAVN) Logo

Sentiment for Raven Industries Inc (NASDAQ:RAVN)

Raven Industries Inc (NASDAQ:RAVN) institutional sentiment decreased to 1.06 in Q4 2017. Its down -0.10, from 1.16 in 2017Q3. The ratio is negative, as 70 investment professionals increased and opened new holdings, while 66 sold and reduced their holdings in Raven Industries Inc. The investment professionals in our partner’s database reported: 25.24 million shares, down from 25.49 million shares in 2017Q3. Also, the number of investment professionals holding Raven Industries Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 14 Reduced: 52 Increased: 43 New Position: 27.

Raven Industries, Inc., together with its subsidiaries, provides various products to clients in the industrial, agricultural, energy, construction, and aerospace/defense markets worldwide. The company has market cap of $1.31 billion. It operates in three divisions: Applied Technology, Engineered Films, and Aerostar. It has a 32.21 P/E ratio. The Applied Technology segment designs, makes, sells, and services precision agriculture products and information management tools that enable growers to enhance farm yields.

The stock increased 0.69% or $0.25 during the last trading session, reaching $36.4. About 22,052 shares traded. Raven Industries, Inc. (NASDAQ:RAVN) has risen 18.49% since April 17, 2017 and is uptrending. It has outperformed by 6.94% the S&P500.

Analysts await Raven Industries, Inc. (NASDAQ:RAVN) to report earnings on May, 28. They expect $0.48 EPS, up 41.18 % or $0.14 from last year’s $0.34 per share. RAVN’s profit will be $17.25 million for 18.96 P/E if the $0.48 EPS becomes a reality. After $0.24 actual EPS reported by Raven Industries, Inc. for the previous quarter, Wall Street now forecasts 100.00 % EPS growth.

Diversified Investment Strategies Llc holds 2.48% of its portfolio in Raven Industries, Inc. for 79,685 shares. Profit Investment Management Llc owns 58,915 shares or 1.55% of their US portfolio. Moreover, Garrison Financial Corp has 1.53% invested in the company for 85,055 shares. The Georgia-based Vident Investment Advisory Llc has invested 1.48% in the stock. First National Bank Sioux Falls, a South Dakota-based fund reported 9,197 shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 0 selling transactions for $114,943 activity.

Raven Industries, Inc. (NASDAQ:RAVN) Ratings Coverage

Ratings analysis reveals 33% of Raven’s analysts are positive. Out of 3 Wall Street analysts rating Raven, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $31.0 while the high is $41.0. The stock’s average target of $37 is 1.65% above today’s ($36.4) share price. RAVN was included in 4 notes of analysts from November 3, 2017. Piper Jaffray maintained Raven Industries, Inc. (NASDAQ:RAVN) on Friday, November 3 with “Hold” rating. SunTrust upgraded Raven Industries, Inc. (NASDAQ:RAVN) on Wednesday, January 31 to “Buy” rating. As per Tuesday, December 5, the company rating was downgraded by Dougherty. The stock has “Hold” rating by Piper Jaffray on Tuesday, November 21.

Raven Industries, Inc. (NASDAQ:RAVN) Institutional Positions Chart

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