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, June, 27th. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.31. The business had revenue of $125.40 million for the quarter, compared to analysts' expectations of $122.90 million. AeroVironment had a return on equity of 3.49% and a net margin of 4.71%. The firm's quarterly revenue was up 47.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.23 earnings per share. View AeroVironment's Earnings History.

AeroVironment is scheduled to release their next quarterly earnings announcement on Tuesday, August, 29th 2017. View Earnings Estimates for AeroVironment.

AeroVironment issued an update on its FY18 earnings guidance on Tuesday, June, 27th. The company provided earnings per share (EPS) guidance of $0.45-0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.49. The company issued revenue guidance of $280-300 million, compared to the consensus revenue estimate of $284.39 million.AeroVironment also updated its Q1 guidance to (0.40)-(0.32) EPS.

6 brokers have issued 1-year price targets for AeroVironment's stock. Their predictions range from $24.00 to $35.00. On average, they anticipate AeroVironment's share price to reach $29.25 in the next twelve months. View Analyst Ratings for AeroVironment.

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

• 1. 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)
• 2. Canaccord Genuity analysts commented, "We spent a day with AeroVironment (AVAV) management meeting with investors. The company was more explicit on its long-term revenue opportunities, each potentially a $1B opportunity, and there was considerable investor interest in the commercial drone opportunities. We believe upside in the stock will come from increased U.S. defense spending, and specifically a step-up in demand for the TMS systems, or a recapitalization of U.S. UAS inventories, with international growth here also a positive. We are cautious on the Q4/17 revenue timing, and see less upside from the commercial opportunities. We are maintaining our Hold rating and our $29 price target. When pushed on capital allocation, management indicated that its priorities are the U.S. unmanned business, its TMS business, and its commercial drone business. We believe the commitment to the EV market is slightly less, although the company continues to believe its technology in this market is very strong. We believe portfolio rationalization would be a positive. The defense budget fundamentals are a net positive for the stock, but timing remains a risk." (4/7/2017)
• 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 Triumph Group (TGI), Ultra Electronics Holdings plc (ULE), QinetiQ Group plc (QQ), TASER International (AAXN), Cubic Corporation (CUB), Kratos Defense & Security Solutions (KTOS), Astronics Corporation (ATRO), Avation PLC (AVAP), American Science & Engineering (ASEI), B/E Aerospace (BEAV), Chemring Group plc (CHG), 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, Vice President - Finance
• Charles Thomas Burbage, Lead Independent Director
• Charles Robert Holland, Director
• Stephen F. Page, 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 CWM LLC (0.60%), US Bancorp DE (0.08%), Aperio Group LLC (0.06%), Berson & Corrado Investment Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.04%) and Eqis Capital Management Inc. (0.03%). 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 CWM LLC and Aperio Group LLC. 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 US Bancorp DE, Berson & Corrado Investment Advisors LLC, State of Alaska Department of Revenue and Eqis Capital Management Inc.. 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 $38.11.