Alert: Mixed Invest/Fund Signals (3/29/18)-Raven Industries Inc (NASDAQ: RAVN)


Raven Industries Inc (NASDAQ: RAVN)



Potential Positive Trend Change/Rating

Extremely important positive changes in Raven Industries Inc (NASDAQ: RAVN) fundamentals have recently occurred: significant quarterly sales acceleration, power rating rises above 70, significant increase in consensus estimate for January, 2018, and significant quarterly earnings acceleration.

. Positive development: longer term price trend turns up. Negative development: negative upside/downside volume.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

Current Rating

RAVN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Raven Industries has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Raven Industries has a neutral Appreciation Score of 52 but a good Power Rating of 70, triggering the High Neutral Value Trend Rating.

Recent Price Action

Raven Industries stock declined modestly on 3/29/18. The shares fell -0.6%, closing at $35.05. Moreover, trading volume was slightly above average at 133% of normal. The stock has been strong relative to the market over the last nine months but has declined -2.4% during the last week.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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