AeroVironment (NASDAQ:AVAV) Releases Quarterly Earnings Results, Beats Estimates By $0.20 EPS

AeroVironment (NASDAQ:AVAV - Get Free Report) announced its earnings results on Tuesday. The aerospace company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.20, Zacks reports. AeroVironment had a return on equity of 6.92% and a net margin of 4.44%. During the same quarter in the previous year, the company earned $0.43 earnings per share. AeroVironment's revenue for the quarter was up 39.6% on a year-over-year basis. AeroVironment updated its FY 2026 guidance to 2.800-3.000 EPS.

AeroVironment Stock Performance

Shares of NASDAQ AVAV traded up $2.05 during trading hours on Tuesday, hitting $193.28. 1,523,540 shares of the company's stock were exchanged, compared to its average volume of 448,731. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.22 and a quick ratio of 3.07. The company's 50-day moving average price is $169.17 and its 200-day moving average price is $157.73. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 163.80 and a beta of 0.81. AeroVironment has a 1-year low of $102.25 and a 1-year high of $236.60.

Analyst Ratings Changes

Several equities research analysts have recently commented on AVAV shares. William Blair reaffirmed an "outperform" rating on shares of AeroVironment in a report on Wednesday, March 5th. Jefferies Financial Group dropped their target price on shares of AeroVironment from $230.00 to $190.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. Raymond James Financial upgraded shares of AeroVironment from a "market perform" rating to a "strong-buy" rating and set a $200.00 price target for the company in a research report on Tuesday, April 8th. Stifel Nicolaus began coverage on shares of AeroVironment in a research report on Tuesday. They set a "buy" rating and a $240.00 price objective on the stock. Finally, Robert W. Baird raised their target price on AeroVironment from $146.00 to $210.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $213.00.

Institutional Trading of AeroVironment

An institutional investor recently bought a new position in AeroVironment stock. United Services Automobile Association acquired a new stake in AeroVironment, Inc. (NASDAQ:AVAV - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,860 shares of the aerospace company's stock, valued at approximately $225,000. Hedge funds and other institutional investors own 86.38% of the company's stock.

About AeroVironment

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.