Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- Hitting Home Runs & Grand Slams, Not Loud Outs
- RTI: Do Stocks Tank When QE Ends?
- 3 Top-Ranked Consumer ETFs to Buy Now
- This Week's Aggressive Growth Stocks
- Who Wants to Keep "Too Big to Fail" Alive?
- Debt-Ceiling Alarm Bell Tolls
- Avoid These 3 Eurozone ETFs This Summer
- RTI: When Will We Finally See a Pullback?
- Top Stocks with Big Potential Catch-Up Moves
- AWS 5/22: Will Bernanke Show His Hand?
- PFP 5/22: Singular Stock Focus Continues
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/22/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 9.31% |
| SONIC FOUNDR | SOFO | 7.77% |
| TRI TECH HOL | TRIT | 6.62% |
| A M R CP | AAMRQ | 4.52% |
| FLOWERS FOOD | FLO | 4.31% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Raven Industries Inc. ( RAVN - Analyst Report ) is slated to report its first-quarter fiscal 2013 results before the market opens on May 18. The Zacks Consensus Estimate for earnings for the quarter is 89 cents per share, representing an estimated year-over-year increase of 3.49%. Revenues, as per the Zacks Consensus Estimate, are $112 million.
Fourth Quarter Synopsis
The company, in the fourth quarter (ended January 31, 2012), reported adjusted earnings of 60 cents per share, beating the Zacks Consensus Estimate of 48 cents and exceeding the year-ago earnings of 41 cents.
Revenues in the reported quarter increased 36% year over year to $96.3 million, comfortably surpassing the Zacks Consensus Estimate of $78 million.
Raven, which competes with companies like Graco Inc. ( GGG - Snapshot Report ) , Spartech Corp. ( ) and privately held Sigma Plastics Group, experienced healthy growth in its top line due to double-digit sales expansion across all the segments.
Estimate Revision Trend
Agreement
Estimate for the first quarter reflect absolute lack of activity with no movement in either direction over the last 7 and 30 days. A similar trend applies for fiscal 2013.
Magnitude
The Zacks Consensus Estimates remained the same for both the first quarter and fiscal 2013 over the last 7 and 30 days.
Earnings Surprise History
With respect to earnings surprise, Raven has topped the Zacks Consensus Estimate in three of the last four quarters while it met the forecast in one occasion. The company delivered an average positive earnings surprise of 24.85% over the preceding four quarters, implying that it has beaten the Zacks Consensus Estimate by that measure.
Our Take
Raven has realigned its business segments in line with its long-term growth strategy. It has deployed the assets and team members of the Electronic Systems segment to the Aerostar and Applied Technology segment. The company will now operate through three business segments. Raven has planned to incorporate nearly 75% of the sales of the Electronic System segment into the Aerostar segment.
Recently, Raven has increased its quarterly dividend by 17% to 21 cents per share, marking the 26th consecutive year of dividend increase.
However, the volatile resin prices may weigh on the results of the company. Moreover, the order backlog in the Aerostar division is minimal for aerostats and surveillance systems. Therefore, the division’s sales are expected to decline in the first quarter on an year-over-year basis.
Our long-term Outperform recommendation on Raven is in agreement with a short-term Zacks #3 Rank (Hold).
Read the full Snapshot Report on GGG
Read the full Analyst Report on RAVN