AeroVironment (NASDAQ:AVAV) Stock Price Up 2.5% – Still a Buy?

AeroVironment, Inc. (NASDAQ:AVAV)’s stock price was up 2.5% during trading on Monday . The stock traded as high as $317.11 and last traded at $308.69. Approximately 1,440,676 shares traded hands during trading, an increase of 65% from the average daily volume of 874,604 shares. The stock had previously closed at $301.20.

Analyst Ratings Changes

Several equities analysts have recently commented on AVAV shares. Raymond James Financial upped their price objective on shares of AeroVironment from $300.00 to $348.00 and gave the company a “strong-buy” rating in a research note on Monday. Bank of America started coverage on shares of AeroVironment in a research report on Thursday, September 18th. They set a “buy” rating and a $300.00 price target on the stock. William Blair reiterated an “outperform” rating on shares of AeroVironment in a research report on Tuesday, September 16th. Jefferies Financial Group boosted their price target on shares of AeroVironment from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. Finally, BTIG Research reiterated a “buy” rating and set a $300.00 price target on shares of AeroVironment in a research report on Friday, September 19th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $304.69.

AeroVironment Trading Up 2.5%

The firm has a market cap of $15.41 billion, a PE ratio of -482.32, a PEG ratio of 5.11 and a beta of 1.03. The company has a quick ratio of 5.12, a current ratio of 5.96 and a debt-to-equity ratio of 0.16. The stock’s fifty day simple moving average is $257.27 and its two-hundred day simple moving average is $204.09.

AeroVironment (NASDAQ:AVAV) last posted its quarterly earnings results on Tuesday, September 9th. The aerospace company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). AeroVironment had a negative net margin of 4.14% and a positive return on equity of 4.67%. The firm had revenue of $454.68 million for the quarter, compared to analysts’ expectations of $446.16 million. During the same quarter in the previous year, the company earned $0.89 EPS. The company’s quarterly revenue was up 140.0% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.600-3.70 EPS. On average, sell-side analysts forecast that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

Insider Transactions at AeroVironment

In related news, CEO Wahid Nawabi sold 17,300 shares of the firm’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $263.05, for a total value of $4,550,765.00. Following the sale, the chief executive officer owned 122,233 shares in the company, valued at approximately $32,153,390.65. This trade represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. ORG Partners LLC raised its position in AeroVironment by 296.0% in the second quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 74 shares during the period. RMG Wealth Management LLC bought a new position in AeroVironment in the second quarter worth approximately $28,000. Bessemer Group Inc. raised its position in AeroVironment by 60.3% in the second quarter. Bessemer Group Inc. now owns 117 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 44 shares during the period. EverSource Wealth Advisors LLC raised its position in AeroVironment by 5,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 159 shares of the aerospace company’s stock worth $45,000 after acquiring an additional 156 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new position in AeroVironment in the second quarter worth approximately $46,000. 86.38% of the stock is currently owned by institutional investors.

AeroVironment Company Profile

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.