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Trade-Ideas LLC identified

Raven Industries

(

RAVN

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Raven Industries as such a stock due to the following factors:

  • RAVN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $18.6 million.
  • RAVN has traded 61.5671999999999997044142219237983226776123046875 options contracts today.
  • RAVN is making at least a new 3-day high.
  • RAVN has a PE ratio of 86.
  • RAVN is mentioned 0.26 times per day on StockTwits.
  • RAVN has not yet been mentioned on StockTwits today.
  • RAVN is currently in the upper 20% of its 1-year range.
  • RAVN is in the upper 35% of its 20-day range.
  • RAVN is in the upper 45% of its 5-day range.
  • RAVN is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on RAVN:

Raven Industries, Inc., together with its subsidiaries, provides various products to customers in the industrial, agricultural, energy, construction, and defense/aerospace markets worldwide. It operates in three segments: Applied Technology, Engineered Films, and Aerostar. The stock currently has a dividend yield of 2.4%. RAVN has a PE ratio of 86. Currently there are no analysts that rate Raven Industries a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Raven Industries has been 166,000 shares per day over the past 30 days. Raven has a market cap of $775.6 million and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.19 and a short float of 5% with 2.07 days to cover. Shares are up 33.1% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Raven Industries as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.

Highlights from the ratings report include:

  • RAVN has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 3.31, which clearly demonstrates the ability to cover short-term cash needs.
  • Net operating cash flow has increased to $11.10 million or 23.06% when compared to the same quarter last year. In addition, RAVEN INDUSTRIES INC has also vastly surpassed the industry average cash flow growth rate of -68.00%.
  • The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. We feel that the combination of its price rise over the last year and its current price-to-earnings ratio relative to its industry tend to reduce its upside potential.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Industrial Conglomerates industry and the overall market, RAVEN INDUSTRIES INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
  • The gross profit margin for RAVEN INDUSTRIES INC is currently lower than what is desirable, coming in at 34.91%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 8.07% trails that of the industry average.

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