AeroVironment Company Profile (NASDAQ:AVAV)

AeroVironment trades on the NASDAQ under the ticker symbol "AVAV."

AeroVironment, Inc. (NASDAQ:AVAV) posted its quarterly earnings results on Tuesday, August, 29th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.34) by $0.15. The business earned $43.80 million during the quarter, compared to analyst estimates of $42.44 million. AeroVironment had a return on equity of 5.40% and a net margin of 7.22%. The business's revenue was up 21.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.51) earnings per share. View AeroVironment's Earnings History.

AeroVironment is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. View Earnings Estimates for AeroVironment.

AeroVironment issued an update on its FY18 earnings guidance on Tuesday, August, 29th. The company provided EPS guidance of $0.45-0.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. The company issued revenue guidance of $280-300 million, compared to the consensus revenue estimate of $293.37 million.

4 analysts have issued twelve-month target prices for AeroVironment's stock. Their predictions range from $35.00 to $40.00. On average, they anticipate AeroVironment's stock price to reach $37.00 in the next year. View Analyst Ratings for AeroVironment.

Here are some recent quotes from research analysts about AeroVironment stock:

• 1. Canaccord Genuity analysts commented, "Date and time of first dissemination: August 10, 2017, 10:54 ET Date and time of production: August 10, 2017, 10:54 ET Target Price / Valuation Methodology: AeroVironment – AVAV Our $35 price target is based on the blend of a ~60x EPS multiple and a ~27x EBITDA multiple, applied to our FY18 estimates. Risks to achieving Target Price / Valuation: AeroVironment – AVAV Risks to our thesis on AVAV include: a delay in FAA regulations for drone flights, which could result in a slower than anticipated adoption of UAS for commercial applications; spending cuts by the military; a slower-than-anticipated consumer adoption for electronic vehicles; and increased competition for the company’s business segments. Distribution of Ratings: Global Stock Ratings (as of 08/10/17) Rating Coverage Universe IB Clients # % % Buy 591 60.68% 40.10% Hold 281 28.85% 23.13% Sell 24 2.46% 8.33% Speculative Buy 78 8.01% 73.08% 974* 100.0% *Total includes stocks that are Under Review Canaccord Genuity Ratings System BUY: The stock is expected to generate risk-adjusted returns of over 10% during the next 12 months. HOLD: The stock is expected to generate risk-adjusted returns of 0-10% during the next 12 months. SELL: The stock is expected to generate negative risk-adjusted returns during the next 12 months. NOT RATED: Canaccord Genuity does not provide research coverage of the relevant issuer." (8/10/2017)
• 2. According to Zacks Investment Research, "Building on a history of technological innovation, AEROVIRONMENT INC., designs, develops, produces, and supports an advanced portfolio of Unmanned Aircraft Systems and efficient electric energy systems. The company's small UAS are used extensively by agencies of the U.S. Department of Defense and increasingly by allied military services to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance, and target acquisition. AV's PosiCharge fast charge systems eliminate battery changing for electric industrial vehicles in factories, airports, and distribution centers. " (6/30/2017)
• 3. Jefferies Group LLC analysts commented, "AVAV reported a FY17:Q2 loss of $0.18 per share vs. our est. of ($0.12) and year ago EPS of $0.19. Revenue of $50.1MM was about 7% below our estimate. Gross margins of 34.8% topped our 33.0% estimate due to better mix, but this should reverse in Q3." (12/7/2016)

Some companies that are related to AeroVironment include Mercury Systems (MRCY), DigitalGlobe (DGI), Cubic Corporation (CUB), Triumph Group (TGI), Kratos Defense & Security Solutions (KTOS), QinetiQ Group plc (QQ), Ultra Electronics Holdings plc (ULE), TASER International (AAXN), Astronics Corporation (ATRO), Chemring Group plc (CHG), Avation PLC (AVAP), American Science & Engineering (ASEI), B/E Aerospace (BEAV), Colliers International UK PLC (COL), Exelis (XLS) and Moog (MOG).

AeroVironment's management team includes the folowing people:

• Timothy E. Conver, Chairman of the Board
• Wahid Nawabi, President, Chief Executive Officer, Director
• Teresa P. Covington, Chief Financial Officer, Senior Vice President
• Kirk Flittie, Vice President, General Manager - UAS
• Kenneth D. Karklin, Vice President, General Manager - Efficient Energy Systems
• Edward R. Muller, Lead Independent Director
• Charles Robert Holland, Director
• Charles Thomas Burbage, Independent Director
• Arnold L. Fishman, Independent Director
• Catharine Merigold, Independent Director

AeroVironment's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.33%), Vanguard Group Inc. (8.29%), Dimensional Fund Advisors LP (6.41%), American Capital Management Inc. (5.65%), Janus Henderson Group PLC (4.47%) and Neuberger Berman Group LLC (4.26%). Company insiders that own AeroVironment stock include Cathleen S Cline, Douglas E Scott, Kenneth D Karklin, Kirk J Flittie, Raymond D Cook, Timothy E Conver and Wahid Nawabi. View Institutional Ownership Trends for AeroVironment.

AeroVironment's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Stephens Investment Management Group LLC, CWM LLC, Neuberger Berman Group LLC, AWM Investment Company Inc., Systematic Financial Management LP, KBC Group NV and BNP Paribas Arbitrage SA. Company insiders that have sold AeroVironment stock in the last year include Kenneth D Karklin, Kirk J Flittie, Timothy E Conver and Wahid Nawabi. View Insider Buying and Selling for AeroVironment.

AeroVironment's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, American Capital Management Inc., BlackRock Inc., Lord Abbett & CO. LLC, Vanguard Group Inc., ETF Managers Group LLC, Baillie Gifford & Co. and State Street Corp. View Insider Buying and Selling for AeroVironment.

Shares of AeroVironment can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AeroVironment stock can currently be purchased for approximately $52.23.