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 Ratio78.21
Forward P/E Ratio87.08
P/E Growth4.11
Sales & Book Value
Annual Sales$271.05 million
Price / Sales7.45
Cash Flow$1.3999 per share
Price / Cash60.34
Book Value$17.16 per share
Price / Book4.92
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$1.91 billion
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) posted its quarterly earnings results on Tuesday, June, 26th. The aerospace company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.52 by $0.33. The aerospace company had revenue of $117.38 million for the quarter, compared to the consensus estimate of $116.16 million. AeroVironment had a net margin of 6.71% and a return on equity of 6.37%. The business's revenue was up 1.4% compared to the same quarter last year. During the same period last year, the firm posted $1.30 earnings per share. View AeroVironment's Earnings History.
When is AeroVironment's next earnings date?
What price target have analysts set for AVAV?
6 analysts have issued 12-month price objectives for AeroVironment's shares. Their forecasts range from $36.00 to $70.00. On average, they expect AeroVironment's share price to reach $49.00 in the next twelve months. This suggests that the stock has a possible downside of 42.0%. View Analyst Price Targets 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." View Analyst Ratings for AeroVironment.
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 LEONARDO FINMEC/ADR (FINMY), Hexcel (HXL), Curtiss-Wright (CW), CAE (CAE), MEGGITT PLC/ADR (MEGGY), Elbit Systems (ESLT), COBHAM PLC/ADR (CBHMY), KLX (KLXI), Embraer (ERJ), Aerojet Rocketdyne (AJRD), Moog Inc Class B (MOG.B), Moog Inc Class A (MOG.A), Esterline Technologies (ESL), AAR (AIR) and Wesco Aircraft (WAIR).
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 headlines about AVAV stock have been trending somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AeroVironment earned a news impact score of 0.19 on Accern's scale. They also gave headlines about the aerospace company an impact score of 46.27 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for AeroVironment.
Who are AeroVironment's major shareholders?
AeroVironment's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.80%), American Capital Management Inc. (7.07%), Dimensional Fund Advisors LP (5.91%), Baillie Gifford & Co. (3.20%), Bank of New York Mellon Corp (2.43%) and Vident Investment Advisory LLC (2.38%). 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 Robeco Institutional Asset Management B.V., Vident Investment Advisory LLC, BlackRock Inc., Stephens Investment Management Group LLC, Migdal Insurance & Financial Holdings Ltd., Bank of New York Mellon Corp, Legal & General Group Plc and Paloma Partners Management Co. 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., Sumitomo Mitsui Trust Holdings Inc., Pinnacle Associates Ltd., Eagle Asset Management Inc., Global X Management Co LLC, Renaissance Technologies LLC and American Capital Management Inc.. 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 $84.47.
How big of a company is AeroVironment?
AeroVironment has a market capitalization of $1.91 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.
