AeroVironment, Inc. (NASDAQ:AVAV) Given Average Rating of “Moderate Buy” by Brokerages

Shares of AeroVironment, Inc. (NASDAQ:AVAVGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-four research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $266.6842.

A number of research analysts have weighed in on the stock. Citizens Jmp decreased their price objective on shares of AeroVironment from $350.00 to $230.00 and set a “market outperform” rating for the company in a research report on Friday, July 10th. Piper Sandler dropped their target price on AeroVironment from $248.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Needham & Company LLC restated a “buy” rating and issued a $225.00 price target on shares of AeroVironment in a research note on Thursday, July 9th. Royal Bank Of Canada cut AeroVironment from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from $210.00 to $180.00 in a report on Thursday, July 9th. Finally, KeyCorp lowered their price target on AeroVironment from $295.00 to $220.00 and set an “overweight” rating on the stock in a research report on Friday, June 26th.

Read Our Latest Report on AVAV

AeroVironment Trading Up 4.4%

Shares of AeroVironment stock opened at $148.84 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.30 and a quick ratio of 3.59. The firm has a fifty day moving average price of $167.29 and a 200 day moving average price of $215.23. AeroVironment has a 1 year low of $135.20 and a 1 year high of $417.86. The stock has a market cap of $7.53 billion, a PE ratio of -40.45, a price-to-earnings-growth ratio of 4.85 and a beta of 1.39.

AeroVironment (NASDAQ:AVAVGet Free Report) last issued its quarterly earnings data on Monday, June 29th. The aerospace company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.37. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.The business had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. During the same quarter in the previous year, the firm posted $1.61 EPS. The company’s revenue for the quarter was up 133.3% on a year-over-year basis. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Equities research analysts predict that AeroVironment will post 3.26 earnings per share for the current year.

More AeroVironment News

Here are the key news stories impacting AeroVironment this week:

Insider Buying and Selling at AeroVironment

In other news, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $174.41, for a total transaction of $43,602.50. Following the completion of the transaction, the director directly owned 49,001 shares of the company’s stock, valued at $8,546,264.41. This represents a 0.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.81% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AeroVironment

A number of institutional investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. acquired a new position in AeroVironment during the first quarter worth $25,000. Tema Etfs LLC purchased a new position in AeroVironment during the fourth quarter valued at $26,000. Hilton Head Capital Partners LLC acquired a new stake in shares of AeroVironment in the fourth quarter valued at about $26,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of AeroVironment in the first quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. increased its stake in AeroVironment by 90.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 133 shares of the aerospace company’s stock worth $32,000 after buying an additional 63 shares in the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.

AeroVironment Company Profile

(Get Free Report)

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.

Read More

Analyst Recommendations for AeroVironment (NASDAQ:AVAV)

Receive News & Ratings for AeroVironment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AeroVironment and related companies with MarketBeat.com's FREE daily email newsletter.