National Securities Corp analyst Ben Klieve maintained a Buy rating on Raven (NASDAQ:RAVN) Industries on Friday, setting a price target of $50, which is approximately 36.46% above the present share price of $36.64.
Klieve expects Raven Industries to post earnings per share (EPS) of $0.24 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Raven, with an average price target of $39.
The analysts price targets range from a high of $50 to a low of $28.
In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $96.61 million and a net profit of $9.29 million. The company's market cap is $1.31 billion.
According to TipRanks.com, National Securities Corp analyst Ben Klieve is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.8% and a 58.79% success rate.
Raven Industries, Inc. engages in the provision of technology products and solutions for the industrial, agricultural, energy, construction, and aerospace or defense industries. It operates through the following segments: Applied Technology, Engineered Films, Aerostar, and Corporate and Other. The Applied Technology segment designs, manufactures, sells, and services innovative precision agriculture products and information management tools that help growers reduce costs, control inputs, and improve farm yields to original equipment manufacturers. The Engineered Films segment produces and sells high-performance plastic films and sheeting to both direct to end-customers. The Aerostar segment offers high-altitude balloons, tethered aerostats, and radar processing systems. The Corporate and Other segment covers general and administrative expenses. The company was founded by J. R. Smith, Paul Edward Yost, Thon Duwayne, and Joseph Kaliszewski in February 1956 and is headquartered in Sioux Falls, SD.