AeroVironment, Inc. designs, develops, produces, supports, and operates a portfolio of products and services for government agencies and businesses. The company offers unmanned aircraft systems (UAS) and related services primarily to organizations within the U.S. Department of Defense and to international allied governments; and tactical missile systems and related services to organizations within the U.S. Government. It also offers small UAS products, including spare equipment, alternative payload modules, batteries, chargers, repair services, and customer support. In addition, the company develops high altitude pseudo-satellite systems for a commercial customer based in Japan. AeroVironment, Inc. was founded in 1971 and is headquartered in Monrovia, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Aircraft
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNASDAQ:AVAV
CUSIP00807310
Phone626-357-9983
Debt
Debt-to-Equity RatioN/A
Current Ratio6.60
Quick Ratio5.96
Price-To-Earnings
Trailing P/E Ratio69.67
Forward P/E Ratio77.57
P/E Growth3.86
Sales & Book Value
Annual Sales$271.05 million
Price / Sales6.64
Cash Flow$1.3277 per share
Price / Cash56.67
Book Value$17.16 per share
Price / Book4.38
Profitability
EPS (Most Recent Fiscal Year)$1.08
Net Income$20.06 million
Net Margins6.71%
Return on Equity6.37%
Return on Assets5.70%
Miscellaneous
Employees697
Outstanding Shares23,910,000
Market Cap$1,791.56
AeroVironment (NASDAQ:AVAV) Frequently Asked Questions
What is AeroVironment's stock symbol?
AeroVironment trades on the NASDAQ under the ticker symbol "AVAV."
How were AeroVironment's earnings last quarter?
AeroVironment, Inc. (NASDAQ:AVAV) issued its earnings results on Tuesday, June, 26th. The aerospace company reported $0.85 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.33. The aerospace company earned $117.38 million during the quarter, compared to analyst estimates of $116.16 million. AeroVironment had a return on equity of 6.37% and a net margin of 6.71%. AeroVironment's revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.30 EPS. View AeroVironment's Earnings History.
When is AeroVironment's next earnings date?
What price target have analysts set for AVAV?
6 Wall Street analysts have issued 1 year price targets for AeroVironment's stock. Their predictions range from $36.00 to $70.00. On average, they anticipate AeroVironment's stock price to reach $49.00 in the next twelve months. This suggests that the stock has a possible downside of 34.9%. View Analyst Ratings for AeroVironment.
What is the consensus analysts' recommendation for AeroVironment?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AeroVironment in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about AeroVironment stock?
Here are some recent quotes from research analysts about AeroVironment stock:
- 1. According to Zacks Investment Research, "AeroVironment, Inc. designs, develops, produces, operates a portfolio of products and services for government agencies, businesses and consumers. It operates through two segments: Unmanned Aircraft Systems, which focuses primarily on the design, development, production, support and operation of UAS and tactical missile systems that provide situational awareness, multi-band communications, force protection and other mission effects, and Efficient Energy Systems, which focuses primarily on the design, development, production, support and operation of electric energy systems. The Company supplies UAS, tactical missile systems and related services primarily to organizations within the United States Department of Defense. The Company also supplies charging systems and services for electric vehicles, and power cycling and test systems to commercial, consumer and government customers. It serves the U.S. Department of Defense, including the U.S. Army, Marine Corps, Special Operations Command, Air Force, and Navy. " (6/29/2018)
- 2. Drexel Hamilton analysts commented, "We are lowering our FY’19 revenue estimate to $303 from $343M, lowering our EBITDA estimate to $31M from $33M, and raising our EPS to $1.15 from $0.99 (changes in our estimates are primarily the result of the divestiture of the EES division). We are establishing our FY’20 revenue projection at $325M, EBITDA at $34M, and EPS at $1.05." (6/27/2018)
- 3. Canaccord Genuity analysts commented, "We recently spent a day on the road with management of AeroVironment (AVAV). After the stock’s recent strong performance, interest in the story is high, and confidence in the longer-term upside is increasing. However, the fact that management is sticking to its full year FY18 outlook does raise questions about the sustainability of the recent strength in the defense business even with the signing today of a ~$700B FY18 defense authorization. The current FY18 guidance implies H2/18 sales and EPS down 3% and 60%, respectively (and the Q4/18 comp is very difficult). And while management may well continue its better-than-expected run, we believe the company has benefitted near term from a surge in op-tempo troop activity, and we will wait for a better entry point to get more bullish. We are maintaining our HOLD rating and our $50 price target." (12/14/2017)
Who are some of AeroVironment's key competitors?
Some companies that are related to AeroVironment include Hexcel (HXL), LEONARDO FINMEC/ADR (FINMY), Curtiss-Wright (CW), CAE (CAE), Elbit Systems (ESLT), COBHAM PLC/ADR (CBHMY), Embraer (ERJ), KLX (KLXI), Moog Inc Class A (MOG.A), Moog Inc Class B (MOG.B), Aerojet Rocketdyne (AJRD), Esterline Technologies (ESL), AAR (AIR), Kratos Defense & Security Solutions (KTOS) and Engility (EGL).
Who are AeroVironment's key executives?
AeroVironment's management team includes the folowing people:
- Mr. Wahid Nawabi, CEO, Pres & Director (Age 49)
- Ms. Teresa Covington, Sr. VP & CFO (Age 55)
- Kirk Flittie, VP & GM of Unmanned Aircraft Systems (Age 56)
- Mr. Kenneth D. Karklin, VP & GM of Efficient Energy Systems (Age 49)
- Mr. Steven A. Gitlin, VP Corp. Strategy, Investor Relations & Corp. Communication
Has AeroVironment been receiving favorable news coverage?
News stories about AVAV stock have trended positive on Saturday, according to Accern. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AeroVironment earned a media sentiment score of 0.39 on Accern's scale. They also gave media coverage about the aerospace company an impact score of 49.35 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are AeroVironment's major shareholders?
AeroVironment's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include American Capital Management Inc. (7.07%), Baillie Gifford & Co. (3.20%), Nikko Asset Management Americas Inc. (0.96%), Fisher Asset Management LLC (0.35%), Municipal Employees Retirement System of Michigan (0.06%) and Amalgamated Bank (0.01%). Company insiders that own AeroVironment stock include Kenneth D Karklin, Kirk J Flittie, Timothy E Conver and Wahid Nawabi. View Institutional Ownership Trends for AeroVironment.
Which institutional investors are selling AeroVironment stock?
AVAV stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold AeroVironment company stock in the last year include Kirk J Flittie and Timothy E Conver. View Insider Buying and Selling for AeroVironment.
Which institutional investors are buying AeroVironment stock?
AVAV stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Nikko Asset Management Americas Inc., American Capital Management Inc. and Amalgamated Bank. View Insider Buying and Selling for AeroVironment.
How do I buy shares of AeroVironment?
Shares of AVAV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is AeroVironment's stock price today?
One share of AVAV stock can currently be purchased for approximately $75.24.
How big of a company is AeroVironment?
AeroVironment has a market capitalization of $1.79 billion and generates $271.05 million in revenue each year. The aerospace company earns $20.06 million in net income (profit) each year or $1.08 on an earnings per share basis. AeroVironment employs 697 workers across the globe.
How can I contact AeroVironment?
AeroVironment's mailing address is 800 ROYAL OAKS DRIVE SUITE 210, MONROVIA CA, 91016. The aerospace company can be reached via phone at 626-357-9983 or via email at [email protected]
MarketBeat Community Rating for AeroVironment (NASDAQ AVAV)
MarketBeat's community ratings are surveys of what our community members think about AeroVironment and other stocks. Vote "Outperform" if you believe AVAV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVAV will underperform the S&P 500 over the long term. You may vote once every thirty days.
