William Blair Comments on AeroVironment FY2028 Earnings

Key Points

• William Blair forecasts AeroVironment's FY2028 earnings per share at $5.76, significantly above the consensus estimate of $3.38.
• AeroVironment's recent quarterly earnings of $1.61 per share exceeded expectations, with revenues rising 39.6% year-over-year to $275.05 million.
• AeroVironment stock is well-regarded among analysts, holding a consensus rating of "Buy" with a target price averaging $286.46.

AeroVironment, Inc. (NASDAQ:AVAV - Free Report) - Equities research analysts at William Blair issued their FY2028 earnings per share (EPS) estimates for shares of AeroVironment in a note issued to investors on Thursday, August 21st. William Blair analyst L. Dipalma anticipates that the aerospace company will post earnings per share of $5.76 for the year. William Blair has a "Outperform" rating on the stock. The consensus estimate for AeroVironment's current full-year earnings is $3.38 per share.

AeroVironment (NASDAQ:AVAV - Get Free Report) last posted its quarterly earnings data on Tuesday, June 24th. The aerospace company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.20. AeroVironment had a return on equity of 10.68% and a net margin of 5.32%.The firm had revenue of $275.05 million during the quarter, compared to analyst estimates of $242.69 million. During the same period last year, the company posted $0.43 EPS. The business's quarterly revenue was up 39.6% on a year-over-year basis. AeroVironment has set its FY 2026 guidance at 2.800-3.000 EPS.

Several other research firms have also weighed in on AVAV. Stifel Nicolaus initiated coverage on AeroVironment in a research report on Tuesday, June 24th. They issued a "buy" rating and a $240.00 price objective for the company. Needham & Company LLC started coverage on AeroVironment in a research report on Tuesday. They issued a "buy" rating and a $300.00 price objective for the company. Raymond James Financial set a $225.00 target price on AeroVironment and gave the company a "strong-buy" rating in a research report on Wednesday, June 25th. Wedbush raised AeroVironment to an "outperform" rating in a research report on Wednesday, June 25th. Finally, BTIG Research boosted their target price on AeroVironment from $225.00 to $300.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating and sixteen have given a Buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $286.46.

AeroVironment Stock Performance

AVAV stock opened at $235.07 on Friday. The stock has a 50-day moving average price of $246.73 and a 200-day moving average price of $184.87. AeroVironment has a 1-year low of $102.25 and a 1-year high of $295.90. The company has a current ratio of 3.52, a quick ratio of 2.69 and a debt-to-equity ratio of 0.03. The firm has a market cap of $11.74 billion, a PE ratio of 151.66 and a beta of 0.99.

Insider Transactions at AeroVironment

In other AeroVironment news, CEO Wahid Nawabi sold 17,300 shares of AeroVironment stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $263.05, for a total transaction of $4,550,765.00. Following the completion of the transaction, the chief executive officer owned 122,233 shares in the company, valued at approximately $32,153,390.65. The trade was a 12.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.81% of the company's stock.

Hedge Funds Weigh In On AeroVironment

A number of hedge funds and other institutional investors have recently modified their holdings of AVAV. ORG Partners LLC boosted its stake in shares of AeroVironment by 296.0% in the 2nd quarter. ORG Partners LLC now owns 99 shares of the aerospace company's stock worth $27,000 after buying an additional 74 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of AeroVironment by 120.2% in the 4th quarter. CoreCap Advisors LLC now owns 185 shares of the aerospace company's stock worth $28,000 after buying an additional 101 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of AeroVironment in the 2nd quarter worth approximately $28,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of AeroVironment by 171.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 244 shares of the aerospace company's stock worth $29,000 after buying an additional 154 shares during the last quarter. Finally, Accredited Wealth Management LLC purchased a new position in AeroVironment in the fourth quarter valued at approximately $31,000. 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.

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