The closing price of AeroVironment Inc. (NASDAQ: AVAV) was $92.04 for the day, down -15.51% from the previous closing price of $108.94. In other words, the price has decreased by -$16.90 from its previous closing price. On the day, 1146727 shares were traded. AVAV stock price reached its highest trading level at $102.66 during the session, while it also had its lowest trading level at $88.24.
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Our analysis of AVAV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 335.88. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.25.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 30 when PAGE STEPHEN F sold 2,105 shares for $90.78 per share. The transaction valued at 191,092 led to the insider holds 45,721 shares of the business.
MULLER EDWARD R sold 7,511 shares of AVAV for $695,068 on Mar 09. The Director now owns 20,408 shares after completing the transaction at $92.54 per share. On Jan 12, another insider, PAGE STEPHEN F, who serves as the Director of the company, sold 5,089 shares for $88.47 each. As a result, the insider received 450,224 and left with 34,837 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AVAV now has a Market Capitalization of 2.69B and an Enterprise Value of 2.80B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.90 while its Price-to-Book (P/B) ratio in mrq is 3.70. Its current Enterprise Value per Revenue stands at 5.76 whereas that against EBITDA is 42.55.
Stock Price History:
Over the past 52 weeks, AVAV has reached a high of $112.39, while it has fallen to a 52-week low of $70.08. The 50-Day Moving Average of the stock is 100.72, while the 200-Day Moving Average is calculated to be 91.41.
AVAV traded an average of 218.54K shares per day over the past three months and 238.58k shares per day over the past ten days. A total of 25.01M shares are outstanding, with a floating share count of 24.66M. Insiders hold about 0.90% of the company’s shares, while institutions hold 90.60% stake in the company. Shares short for AVAV as of Apr 27, 2023 were 968.43k with a Short Ratio of 0.95M, compared to 1.22M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.83% and a Short% of Float of 5.13%.
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $1.01 for the current quarter, with a high estimate of $1.04 and a low estimate of $0.97, while EPS last year was $0.3. The consensus estimate for the next quarter is $0.21, with high estimates of $0.41 and low estimates of -$0.03.
Analysts are recommending an EPS of between $1.27 and $1.21 for the fiscal current year, implying an average EPS of $1.25. EPS for the following year is $2.06, with 7 analysts recommending between $2.8 and $1.41.
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $169.83M to a low estimate of $157.5M. As of the current estimate, AeroVironment Inc.’s year-ago sales were $132.62M, an estimated increase of 24.40% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $124.77M, an increase of 15.00% less than the figure of $24.40% in the same quarter last year. There is a high estimate of $139.43M for the next quarter, whereas the lowest estimate is $109M.
A total of 7 analysts have provided revenue estimates for AVAV’s current fiscal year. The highest revenue estimate was $524.32M, while the lowest revenue estimate was $512M, resulting in an average revenue estimate of $519.31M. In the same quarter a year ago, actual revenue was $445.73M, up 16.50% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $595.85M in the next fiscal year. The high estimate is $705.4M and the low estimate is $561.29M. The average revenue growth estimate for next year is up 14.70% from the average revenue estimate for this year.