NASDAQ:AVAVAeroVironment Stock Price, Forecast & News

AeroVironment's stock was trading at $54.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AVAV stock has increased by 22.8% and is now trading at $67.19. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AeroVironment in the last year. There are currently 2 hold ratings and 3 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 Tuesday, June 23rd 2020. View our earnings forecast for AeroVironment.

AeroVironment, Inc. (NASDAQ:AVAV) released its quarterly earnings results on Tuesday, March, 3rd. The aerospace company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.18. The aerospace company earned $61.90 million during the quarter, compared to the consensus estimate of $68.83 million. AeroVironment had a return on equity of 6.62% and a net margin of 9.15%. The company's revenue for the quarter was down 17.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 earnings per share. View AeroVironment's earnings history.

AeroVironment updated its FY20 earnings guidance on Tuesday, March, 3rd. The company provided EPS guidance of $1.67-1.87 for the period, compared to the Thomson Reuters consensus estimate of $1.63. The company issued revenue guidance of $350-370 million, compared to the consensus revenue estimate of $358.73 million.

5 brokerages have issued 1-year target prices for AeroVironment's shares. Their forecasts range from $55.00 to $76.00. On average, they expect AeroVironment's stock price to reach $69.25 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price. View analysts' price targets for AeroVironment.

Press coverage about AVAV stock has been trending negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing 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 closest to five being the most favorable. AeroVironment earned a media sentiment score of -2.2 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 impact on the company's share price in the near future. View the latest news aboutAeroVironment.

AeroVironment saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,690,000 shares, an increase of 13.4% from the April 30th total of 1,490,000 shares. Based on an average trading volume of 267,800 shares, the days-to-cover ratio is currently 6.3 days. Approximately 7.7% of the company's stock are sold short. View AeroVironment's Current Options Chain.

Some companies that are related to AeroVironment include Lockheed Martin (LMT), Honeywell International (HON), Boeing (BA), Northrop Grumman (NOC), United Technologies (UTX), General Dynamics (GD), TransDigm Group (TDG), Teledyne Technologies (TDY), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Axon Enterprise (AAXN), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD) and Hexcel (HXL). 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.02%), State Street Corp (5.21%), Baillie Gifford & Co. (3.44%), Sumitomo Mitsui Trust Holdings Inc. (2.18%), Nikko Asset Management Americas Inc. (2.18%) and Nikko Asset Management Americas Inc. (2.18%). 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 Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Nikko Asset Management Americas Inc., BlackRock Inc., Canal Insurance CO, Vident Investment Advisory LLC, Legal & General Group Plc, and Federated Hermes Inc.. View insider buying and selling activity for AeroVironment.

AVAV stock was bought by a variety of institutional investors in the last quarter, including Redwood Investments LLC, Lord Abbett & CO. LLC, Aviva PLC, State Street Corp, Bank of New York Mellon Corp, JPMorgan Chase & Co., Geode Capital Management LLC, and UBS Group AG. 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 $67.19.

AeroVironment has a market capitalization of $1.61 billion and generates $314.27 million in revenue each year. The aerospace company earns $47.44 million in net income (profit) each year or $1.48 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]