AeroVironment (AVAV) Stock Price, News & Analysis

Company Overview

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. The company supplies UAS, TMS, unmanned ground vehicle, and related services primarily to organizations within the U.S. Department of Defense, other federal agencies, and to international allied governments. It also designs, engineers, tools, and manufactures unmanned aerial and aircraft systems, including airborne platforms, payloads and payload integration, ground control systems, and ground support equipment and other items and services related to unmanned aircraft systems. In addition, the company offers small UAS products, including training, spare parts, product repair, product replacement, and the customer contracted operation. Further, it develops high-altitude pseudo-satellite UAS systems. AeroVironment, Inc. was incorporated in 1971 and is headquartered in Arlington, Virginia.

Key Stats

• Today's Range: $189.26 to $197.69
• 50-Day Range: $173.52 to $235.17
• 52-Week Range: $116.51 to $236.60
• Volume: 837,036 shs
• Average Volume: 338,747 shs
• Market Capitalization: $5.50 billion
• P/E Ratio: 91.50
• Dividend Yield: N/A
• Price Target: $211.83
• Consensus Rating: Buy

AeroVironment Stock Analysis - MarketRank™

AeroVironment scored higher than 68% of companies evaluated by MarketBeat, and ranked 23rd out of 50 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AeroVironment has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

AeroVironment has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 22.92%

Earnings Growth

Earnings for AeroVironment are expected to grow by 22.92% in the coming year, from $3.36 to $4.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AeroVironment is 91.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of AeroVironment is 91.50, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 34.10.

Price to Book Value per Share Ratio

AeroVironment has a P/B Ratio of 6.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.82% of the outstanding shares of AeroVironment have been sold short.

Short Interest Ratio / Days to Cover

AeroVironment has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in AeroVironment has recently decreased by 2.86%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AeroVironment does not currently pay a dividend.

Dividend Growth

AeroVironment does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.82% of the outstanding shares of AeroVironment have been sold short.

Short Interest Ratio / Days to Cover

AeroVironment has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in AeroVironment has recently decreased by 2.86%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.52

News Sentiment

AeroVironment has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for AeroVironment this week, compared to 8 articles on an average week.

Search Interest

30 people have searched for AVAV on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

21 people have added AeroVironment to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, AeroVironment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $372,615.00 in company stock.

Percentage Held by Insiders

Only 1.27% of the stock of AeroVironment is held by insiders.

Percentage Held by Institutions

86.38% of the stock of AeroVironment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AVAV Stock Analysis - Frequently Asked Questions

How have AVAV shares performed this year?

AeroVironment's stock was trading at $126.04 on January 1st, 2024. Since then, AVAV shares have increased by 54.6% and is now trading at $194.89.
View the best growth stocks for 2024 here.

How were AeroVironment's earnings last quarter?

AeroVironment, Inc. (NASDAQ:AVAV) released its quarterly earnings results on Wednesday, September, 4th. The aerospace company reported $0.89 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.28. AeroVironment's revenue for the quarter was up 24.4% on a year-over-year basis.

Does AeroVironment have any subsidiaries?

AeroVironment subsidiaries include these companies: Telerob, PROGENY SYSTEMS CORPORATION’S INTELLIGENT SYSTEMS GROUP, ARCTURUS UAV, Pulse Aerospace, AeroVironment Inc, Altoy Savunma Sanayi ve Havacilik, and Arcturus UAV Inc..

Who are AeroVironment's major shareholders?

AeroVironment's top institutional investors include Baillie Gifford & Co. (6.92%), State Street Corp (5.61%), American Capital Management Inc. (4.19%) and Geode Capital Management LLC (2.25%). Insiders that own company stock include Wahid Nawabi, Charles R Holland, Charles Thomas Burbage, Stephen F Page, Kevin Patrick Mcdonnell, Melissa Ann Brown, Brian Charles Shackley and Trace E Stevenson.
View institutional ownership trends.

How do I buy shares of AeroVironment?

Shares of AVAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AeroVironment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AeroVironment investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Tesla (TSLA), Netflix (NFLX) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 9/04/2024
• Today: 11/19/2024
• Next Earnings (Confirmed): 12/31/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Aerospace
• Industry: Aircraft
• Sub-Industry: Aerospace & Defense
• Current Symbol: NASDAQ:AVAV
• CUSIP: 00807310
• CIK: 1368622
• Web: www.avinc.com
• Phone: (805) 520-8350
• Fax: 626-359-9628
• Employees: 1,428
• Year Founded: 1971

Price Target and Rating

• Average Stock Price Target: $213.50
• High Stock Price Target: $245.00
• Low Stock Price Target: $145.00
• Potential Upside/Downside: +9.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.13
• Trailing P/E Ratio: 91.50
• Forward P/E Ratio: 58.00
• P/E Growth: N/A
• Net Income: $59.67 million
• Net Margins: 7.82%
• Pretax Margin: 8.30%
• Return on Equity: 9.87%
• Return on Assets: 8.08%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 4.26
• Quick Ratio: 3.04

Sales & Book Value

• Annual Sales: $753.86 million
• Price / Sales: 7.29
• Cash Flow: $4.10 per share
• Price / Cash Flow: 47.48
• Book Value: $29.24 per share
• Price / Book: 6.67

Miscellaneous

• Outstanding Shares: 28,206,000
• Free Float: 27,848,000
• Market Cap: $5.50 billion
• Optionable: Optionable
• Beta: 0.49