Company profile

Ticker
RAVN
Exchange
CEO
Daniel A. Rykhus
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
460246171

RAVN stock data

(
)

Calendar

28 May 20
11 Aug 20
31 Jan 21

News

Company financial data Financial data

Quarter (USD) Apr 20 Jan 20 Oct 19 Jul 19
Revenue 86.5M 85.76M 100.53M 98.06M
Net income 3.95M 2.7M 9.93M 8.77M
Diluted EPS 0.11 0.09 0.28 0.24
Net profit margin 4.57% 3.15% 9.88% 8.94%
Operating income 3.94M 2.92M 11.33M 10.57M
Net change in cash 51.87M -56.39M 7.96M 7.76M
Cash on hand 72.58M 20.71M 77.09M 69.13M
Cost of revenue 58.03M 58.72M 70.23M 66.72M
Annual (USD) Jan 20 Jan 19 Jan 18 Jan 17
Revenue 382.53M 406.67M 377.32M 277.4M
Net income 34.61M 51.87M 41.02M 20.19M
Diluted EPS 0.97 1.42 1.13 0.56
Net profit margin 9.05% 12.76% 10.87% 7.28%
Operating income 39.94M 55.13M 59.17M 28.41M
Net change in cash -45.08M 25.25M -10.11M 16.87M
Cash on hand 20.71M 65.79M 40.54M 50.65M
Cost of revenue 258.78M 274.12M 255.75M 199.21M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
8 Jul 20 Andringa Jason M Common Stock Buy Aquire P No 20.1865 400 8.07K 15,000
8 Jul 20 Andringa Jason M Common Stock Buy Aquire P No 20.17 2,600 52.44K 14,600
5 Jul 20 Magnuson Lee A Common Stock Payment of exercise Dispose F No 0 228 0 736
5 Jul 20 Magnuson Lee A Common Stock Grant Aquire A No 0 936 0 964
5 Jul 20 Magnuson Lee A RSU Common Stock Grant Dispose A No 0 936 0 0
20 May 20 Lois M Martin Deferred Stock Units Common Stock Grant Aquire A No 21.46 3,961 85K 7,970.037
20 May 20 Andringa Jason M Deferred Stock Units Common Stock Grant Aquire A No 21.46 6,291 135K 33,555.775
20 May 20 Everist Thomas S Deferred Stock Units Common Stock Grant Aquire A No 21.46 3,961 85K 31,681.828
76.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 148 163 -9.2%
Opened positions 16 24 -33.3%
Closed positions 31 11 +181.8%
Increased positions 66 57 +15.8%
Reduced positions 35 49 -28.6%
13F shares
Current Prev Q Change
Total value 2.7B 2.36B +14.5%
Total shares 27.27M 27.89M -2.2%
Total puts 0 500 EXIT
Total calls 23.1K 72.8K -68.3%
Total put/call ratio 0.0
Largest owners
Shares Value Change
BLK BlackRock 5.2M $110.39M -2.5%
Vanguard 3.76M $79.89M +0.4%
Royce & Associates 2.12M $45.05M +7.7%
Dimensional Fund Advisors 1.41M $30M -0.9%
STT State Street 1.07M $22.72M +6.3%
Thrivent Financial For Lutherans 921.24K $19.56M +62.6%
Atlanta Capital Management Co L L C 837.44K $17.78M +40.8%
MS Morgan Stanley 778.41K $16.53M +74.2%
Bamco 675K $14.33M -27.0%
NTRS Northern Trust 605.83K $12.86M +3.6%
Largest transactions
Shares Bought/sold Change
NEU Neuberger Berman 338.97K -1.04M -75.3%
Norges Bank 0 -759.11K EXIT
Thrivent Financial For Lutherans 921.24K +354.76K +62.6%
MS Morgan Stanley 778.41K +331.46K +74.2%
Bamco 675K -250K -27.0%
Atlanta Capital Management Co L L C 837.44K +242.73K +40.8%
N Price T Rowe Associates 495.01K -157.01K -24.1%
Confluence Investment Management 0 -155.16K EXIT
Royce & Associates 2.12M +152.52K +7.7%
Pier Capital 151.78K +151.78K NEW

Financial report summary

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Management Discussion
  • Applied Technology designs, manufactures, sells, and services innovative precision agriculture products, autonomous solutions, and information management tools, which are collectively referred to as precision agriculture equipment, that help farmers reduce costs, more precisely control inputs, and improve yields for the global agriculture market.
  • •Market conditions. The North American ag market continues to be negatively impacted by low commodity prices, and the pandemic has driven further uncertainty in the marketplace. Unfavorable oil prices and demand has caused a significant reduction in ethanol production which has an unfavorable impact on corn prices. These factors have reduced expected farm income, and OEMs have responded with plans for lower production of new machines. The Company anticipates these low commodity prices, and an anticipated tightening of ag lending, will likely hamper any improvement in ag market conditions throughout fiscal 2021. The Company does not model comparative market share position for its divisions, but the Company believes Applied Technology maintained or increased its market share in the first quarter of fiscal 2021.
  • •Sales volume and selling prices. First quarter fiscal 2021 net sales increased $0.3 million or 0.7%, to $42.0 million compared to $41.7 million in the prior year. Higher sales volume, rather than a change in selling price, was the primary driver of this increase. Net sales in the first quarter of fiscal 2021 included $2.8 million of last time buy activity to a non-strategic OEM customer, which was an increase of $1.1 million versus the prior year comparative period. Strong sales development in the current quarter led to increased sales to OEMs of new and existing products
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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