The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Raven Industries's revenues will wither -3.7% and EPS will drop -16.7%.
The average estimate for revenue is $92.7 million. On the bottom line, the average EPS estimate is $0.25.
Last quarter, Raven Industries logged revenue of $97.0 million. GAAP reported sales were 4.0% higher than the prior-year quarter's $93.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.30. GAAP EPS of $0.30 for Q3 were 3.2% lower than the prior-year quarter's $0.31 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.8%, 60 basis points better than the prior-year quarter. Operating margin was 16.2%, 190 basis points worse than the prior-year quarter. Net margin was 11.2%, 100 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $409.3 million. The average EPS estimate is $1.39.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 464 members out of 479 rating the stock outperform, and 15 members rating it underperform. Among 151 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 149 give Raven Industries a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Raven Industries is outperform, with an average price target of $31.50.
If you're interested in companies like Raven Industries, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.
- Add Raven Industries to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.