AeroVironment (AVAV) to Release Earnings on Tuesday

AeroVironment (NASDAQ:AVAV - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $204.35 million for the quarter. AeroVironment has set its FY25 guidance at $3.18-3.49 EPS.Parties that wish to listen to the company's conference call can do so using this link.

AeroVironment (NASDAQ:AVAV - Get Free Report) last released its earnings results on Wednesday, December 4th. The aerospace company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by ($0.29). AeroVironment had a return on equity of 8.12% and a net margin of 6.39%. The business had revenue of $188.46 million during the quarter, compared to analysts' expectations of $181.80 million. During the same period last year, the business earned $0.97 earnings per share. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts expect AeroVironment to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

AeroVironment Trading Down 1.2 %

AVAV opened at $152.90 on Tuesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.61 and a quick ratio of 3.36. The company's 50 day simple moving average is $166.41 and its two-hundred day simple moving average is $185.81. AeroVironment has a 1-year low of $121.74 and a 1-year high of $236.60. The firm has a market capitalization of $4.31 billion, a price-to-earnings ratio of 87.87 and a beta of 0.52.

Wall Street Analysts Forecast Growth

AVAV has been the topic of a number of research reports. William Blair reissued an "outperform" rating on shares of AeroVironment in a research note on Thursday, December 5th. Jefferies Financial Group raised shares of AeroVironment from a "hold" rating to a "buy" rating and decreased their target price for the stock from $240.00 to $230.00 in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $225.20.

Insider Activity

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 396 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $198.73, for a total value of $78,697.08. Following the sale, the chief financial officer now owns 16,472 shares of the company's stock, valued at $3,273,480.56. The trade was a 2.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.27% of the company's stock.

AeroVironment Company Profile

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.

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