AeroVironment’s (AVAV) “Buy” Rating Reiterated at BTIG Research

BTIG Research reiterated their buy rating on shares of AeroVironment (NASDAQ:AVAVFree Report) in a research report report published on Monday morning,Benzinga reports. BTIG Research currently has a $415.00 price target on the aerospace company’s stock.

A number of other equities research analysts also recently commented on the company. Citizens Jmp reiterated a “market outperform” rating and issued a $400.00 price objective on shares of AeroVironment in a report on Wednesday, December 10th. Stifel Nicolaus upped their price target on AeroVironment from $295.00 to $389.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Zacks Research upgraded shares of AeroVironment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Weiss Ratings restated a “sell (d+)” rating on shares of AeroVironment in a report on Monday, December 29th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of AeroVironment in a report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, AeroVironment presently has an average rating of “Buy” and a consensus price target of $378.06.

Read Our Latest Stock Analysis on AeroVironment

AeroVironment Trading Down 0.8%

Shares of NASDAQ AVAV opened at $306.94 on Monday. The company’s 50 day simple moving average is $288.23 and its 200 day simple moving average is $294.48. AeroVironment has a fifty-two week low of $102.25 and a fifty-two week high of $417.86. The firm has a market capitalization of $15.33 billion, a P/E ratio of -245.55, a P/E/G ratio of 4.58 and a beta of 1.16. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.08 and a quick ratio of 4.29.

AeroVironment (NASDAQ:AVAVGet Free Report) last released its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). The business had revenue of $472.51 million for the quarter, compared to analyst estimates of $466.16 million. AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.AeroVironment’s revenue was up 150.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. On average, analysts predict that AeroVironment will post 3.38 EPS for the current year.

Insider Buying and Selling at AeroVironment

In other news, CFO Kevin Patrick Mcdonnell sold 999 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $367.60, for a total value of $367,232.40. Following the completion of the transaction, the chief financial officer owned 17,301 shares in the company, valued at $6,359,847.60. This represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen F. Page sold 1,000 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $377.62, for a total transaction of $377,620.00. Following the sale, the director directly owned 51,001 shares of the company’s stock, valued at $19,258,997.62. This represents a 1.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,223 shares of company stock valued at $1,092,503. 0.81% of the stock is currently owned by corporate insiders.

Institutional Trading of AeroVironment

A number of institutional investors have recently modified their holdings of AVAV. N.E.W. Advisory Services LLC grew its holdings in shares of AeroVironment by 60.0% during the third quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after buying an additional 30 shares in the last quarter. Rothschild Investment LLC grew its stake in shares of AeroVironment by 7.8% during the 3rd quarter. Rothschild Investment LLC now owns 498 shares of the aerospace company’s stock worth $157,000 after acquiring an additional 36 shares in the last quarter. Legacy Bridge LLC raised its holdings in shares of AeroVironment by 1.0% in the fourth quarter. Legacy Bridge LLC now owns 4,046 shares of the aerospace company’s stock valued at $979,000 after purchasing an additional 39 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of AeroVironment by 100.0% in the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 40 shares in the last quarter. Finally, Amalgamated Bank boosted its holdings in AeroVironment by 0.6% during the second quarter. Amalgamated Bank now owns 8,023 shares of the aerospace company’s stock worth $2,286,000 after purchasing an additional 44 shares during the last quarter. 86.38% of the stock is currently owned by institutional investors.

Key Stories Impacting AeroVironment

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.

See Also

Analyst Recommendations for AeroVironment (NASDAQ:AVAV)

Receive News & Ratings for AeroVironment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AeroVironment and related companies with MarketBeat.com's FREE daily email newsletter.