UBS Group Lowers AeroVironment (NASDAQ:AVAV) Price Target to $166.00

AeroVironment (NASDAQ:AVAVGet Free Report) had its target price decreased by investment analysts at UBS Group from $172.00 to $166.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage presently has a “neutral” rating on the aerospace company’s stock. UBS Group’s target price points to a potential downside of 3.28% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Financial Group cut their price objective on shares of AeroVironment from $390.00 to $305.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Robert W. Baird cut their price target on shares of AeroVironment from $260.00 to $235.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Clear Str raised shares of AeroVironment to a “strong-buy” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada set a $210.00 price objective on shares of AeroVironment and gave the company an “outperform” rating in a research report on Tuesday. Finally, Citizens Jmp cut their target price on AeroVironment from $400.00 to $350.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 11th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, AeroVironment presently has an average rating of “Moderate Buy” and a consensus target price of $293.94.

Read Our Latest Research Report on AVAV

AeroVironment Price Performance

Shares of NASDAQ AVAV traded up $32.63 during midday trading on Tuesday, reaching $171.63. The company’s stock had a trading volume of 2,800,433 shares, compared to its average volume of 1,596,826. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. The company has a market cap of $8.57 billion, a P/E ratio of -39.50, a P/E/G ratio of 1.89 and a beta of 1.35. The business’s 50 day moving average price is $176.65 and its two-hundred day moving average price is $225.20. AeroVironment has a fifty-two week low of $135.20 and a fifty-two week high of $417.86.

AeroVironment (NASDAQ:AVAVGet Free Report) last announced its quarterly earnings data on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.37. The firm had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. AeroVironment had a positive return on equity of 3.28% and a negative net margin of 13.93%.The company’s quarterly revenue was up 133.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.61 EPS. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. On average, analysts forecast that AeroVironment will post 2.94 EPS for the current fiscal year.

Insider Transactions at AeroVironment

In related news, Director Stephen F. Page sold 250 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $174.41, for a total value of $43,602.50. Following the completion of the transaction, the director owned 49,001 shares in the company, valued at $8,546,264.41. This trade represents a 0.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 750 shares of company stock valued at $133,502. 0.81% of the stock is owned by company insiders.

Hedge Funds Weigh In On AeroVironment

Several large investors have recently modified their holdings of AVAV. Sunbelt Securities Inc. acquired a new stake in AeroVironment in the first quarter valued at $25,000. Tema Etfs LLC bought a new stake in shares of AeroVironment in the 4th quarter valued at about $26,000. Hilton Head Capital Partners LLC acquired a new stake in shares of AeroVironment in the fourth quarter valued at about $26,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of AeroVironment in the first quarter valued at about $28,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of AeroVironment during the third quarter worth about $29,000. Institutional investors own 86.38% of the company’s stock.

Key Headlines Impacting AeroVironment

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About AeroVironment

(Get Free Report)

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.

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Analyst Recommendations for AeroVironment (NASDAQ:AVAV)

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