NASDAQ:AVAVAeroVironment Stock Price, Forecast & News

AeroVironment's stock was trading at $54.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AVAV stock has increased by 39.6% and is now trading at $76.42. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AeroVironment in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for AeroVironment.

AeroVironment is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for AeroVironment.

AeroVironment, Inc. (NASDAQ:AVAV) issued its earnings results on Tuesday, June, 23rd. The aerospace company reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.69 by $0.06. The aerospace company had revenue of $135.22 million for the quarter, compared to analysts' expectations of $123.44 million. AeroVironment had a return on equity of 8.92% and a net margin of 11.18%. The business's revenue was up 53.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 EPS. View AeroVironment's earnings history.

AeroVironment issued an update on its FY21 earnings guidance on Tuesday, June, 23rd. The company provided earnings per share guidance of $1.74-1.94 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.90. The company issued revenue guidance of $390-410 million, compared to the consensus revenue estimate of $400.13 million.

6 equities research analysts have issued 1 year price targets for AeroVironment's shares. Their forecasts range from $76.00 to $93.00. On average, they expect AeroVironment's share price to reach $85.80 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for AeroVironment.

Media stories about AVAV stock have been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. AeroVironment earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the aerospace company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about AeroVironment.

Some companies that are related to AeroVironment include Boeing (BA), Honeywell International (HON), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Axon Enterprise (AAXN), Hexcel (HXL), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD) and Spirit AeroSystems (SPR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other AeroVironment investors own include NVIDIA (NVDA), Alibaba Group (BABA), Square (SQ), Netflix (NFLX), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Micron Technology (MU), salesforce.com (CRM), Intel (INTC) and Boeing (BA).

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

AeroVironment's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Gradient Investments LLC (0.11%), Curbstone Financial Management Corp (0.02%) and Hummer Financial Advisory Services Inc (0.01%). Company insiders that own AeroVironment stock include Kirk J Flittie and Timothy E Conver. View institutional ownership trends for AeroVironment.

AVAV stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments LLC. View insider buying and selling activity for AeroVironment.

AVAV stock was purchased by a variety of institutional investors in the last quarter, including Curbstone Financial Management Corp, and Hummer Financial Advisory Services Inc. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of AVAV stock can currently be purchased for approximately $76.42.

AeroVironment has a market capitalization of $1.84 billion and generates $367.30 million in revenue each year. The aerospace company earns $41.07 million in net income (profit) each year or $1.84 on an earnings per share basis. AeroVironment employs 697 workers across the globe.

The official website for AeroVironment is www.avinc.com.

AeroVironment's mailing address is 900 INNOVATORS WAY, SIMI VALLEY CA, 93065. The aerospace company can be reached via phone at 805-520-8350 or via email at [email protected]