Analysts Set AeroVironment, Inc. (NASDAQ:AVAV) Price Target at $305.33

Shares of AeroVironment, Inc. (NASDAQ:AVAVGet Free Report) have received an average recommendation of “Moderate Buy” from the twenty-four research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, eighteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $277.3684.

A number of equities research analysts have issued reports on AVAV shares. Piper Sandler decreased their price target on shares of AeroVironment from $290.00 to $248.00 and set an “overweight” rating for the company in a report on Friday, June 26th. Wedbush started coverage on AeroVironment in a research note on Tuesday. They set an “outperform” rating and a $250.00 target price for the company. Wall Street Zen lowered AeroVironment from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $350.00 price target on shares of AeroVironment in a research report on Tuesday. Finally, Wolfe Research lowered AeroVironment to a “buy” rating in a report on Tuesday.

Check Out Our Latest Report on AeroVironment

Insider Buying and Selling

In related news, Director Stephen F. Page sold 250 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $174.41, for a total value of $43,602.50. Following the completion of the transaction, the director directly owned 49,001 shares in the company, valued at approximately $8,546,264.41. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 750 shares of company stock valued at $133,502. Corporate insiders own 0.81% of the company’s stock.

Institutional Trading of AeroVironment

Several institutional investors have recently made changes to their positions in the business. Southern Financial Group LLC increased its stake in AeroVironment by 12.6% in the first quarter. Southern Financial Group LLC now owns 1,218 shares of the aerospace company’s stock valued at $223,000 after acquiring an additional 136 shares during the period. Militia Capital Management LLC acquired a new stake in AeroVironment during the first quarter valued at approximately $209,000. Evolutionary Tree Capital Management LLC acquired a new stake in AeroVironment during the first quarter valued at approximately $522,000. Western Wealth Management LLC bought a new stake in shares of AeroVironment in the 1st quarter valued at approximately $37,000. Finally, Cim Investment Management Inc. raised its holdings in shares of AeroVironment by 62.1% in the 1st quarter. Cim Investment Management Inc. now owns 1,996 shares of the aerospace company’s stock worth $365,000 after buying an additional 765 shares in the last quarter. 86.38% of the stock is currently owned by institutional investors and hedge funds.

AeroVironment Stock Up 4.5%

Shares of AeroVironment stock opened at $172.44 on Friday. AeroVironment has a 12-month low of $135.20 and a 12-month high of $417.86. The company has a quick ratio of 4.54, a current ratio of 5.51 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $175.62 and a two-hundred day moving average price of $224.09. The stock has a market capitalization of $8.73 billion, a P/E ratio of -46.86, a PEG ratio of 2.66 and a beta of 1.40.

AeroVironment (NASDAQ:AVAVGet Free Report) last released its quarterly earnings results on Monday, June 29th. The aerospace company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.37. The company had revenue of $641.62 million for the quarter, compared to analyst estimates of $555.97 million. AeroVironment had a negative net margin of 9.00% and a positive return on equity of 3.72%. The company’s quarterly revenue was up 133.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.61 earnings per share. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Equities analysts expect that AeroVironment will post 3.18 earnings per share for the current year.

AeroVironment News Summary

Here are the key news stories impacting AeroVironment this week:

AeroVironment Company Profile

(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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