Oppenheimer analyst Kristen Owen maintained a Buy rating on Raven (NASDAQ:RAVN) Industries on Monday, setting a price target of $41, which is approximately 15.88% above the present share price of $35.38.
Owen 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 $45.5.
The analysts price targets range from a high of $50 to a low of $41.
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 $1.27 billion.
According to TipRanks.com, Oppenheimer analyst Kristen Owen is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 25.1% and a 77.78% 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.