NASDAQ:AVAV - AeroVironment 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 (WHO). Since then, AVAV stock has decreased by 1.7% and is now trading at $53.79. View which stocks have been mosted 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 earnings results on Tuesday, March, 3rd. The aerospace company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.18. The aerospace company had revenue of $61.90 million for the quarter, compared to analyst estimates of $68.83 million. AeroVironment had a net margin of 9.15% and a return on equity of 6.62%. The firm's quarterly revenue was down 17.8% on a year-over-year basis. During the same quarter last year, the business posted $0.35 EPS. View AeroVironment's earnings history.

AeroVironment updated its FY20 earnings guidance on Tuesday, March, 3rd. The company provided earnings per share guidance of $1.67-1.87 for the period, compared to the Thomson Reuters consensus EPS 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 12 month price targets for AeroVironment's stock. 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 28.7% from the stock's current price. View analysts' price targets for AeroVironment.

Media coverage about AVAV stock has trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. AeroVironment earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the aerospace company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutAeroVironment.

AeroVironment saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,550,000 shares, an increase of 7.1% from the February 13th total of 2,380,000 shares. Based on an average daily volume of 226,100 shares, the short-interest ratio is currently 11.3 days. Currently, 11.7% of the company's shares 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), United Technologies (UTX), Northrop Grumman (NOC), General Dynamics (GD), Raytheon (RTN), TransDigm Group (TDG), Teledyne Technologies (TDY), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Axon Enterprise (AAXN), Curtiss-Wright (CW) and Aerojet Rocketdyne (AJRD).

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

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

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 $53.79.

AeroVironment has a market capitalization of $1.29 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. View additional information about AeroVironment.

The official website for AeroVironment is http://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]