AeroVironment Inc. (AVAV) Shares See Highest Trading Level at $144.36

As of close of business last night, AeroVironment Inc.’s stock clocked out at $144.36, down -2.85% from its previous closing price of $148.60. In other words, the price has decreased by -$4.24 from its previous closing price. On the day, 556317 shares were traded.

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Ratios:

To gain a deeper understanding of AVAV’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 373.72. For the most recent quarter (mrq), Quick Ratio is recorded 3.16 and its Current Ratio is at 4.66. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.

On October 09, 2023, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $130 to $125.

Alembic Global Advisors Downgraded its Overweight to Neutral on September 07, 2023, while the target price for the stock was maintained at $115.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 07 ’24 when Stevenson Trace E sold 1,913 shares for $183.00 per share. The transaction valued at 350,079 led to the insider holds 2,570 shares of the business.

Brown Melissa Ann sold 1,000 shares of AVAV for $176,770 on Mar 07 ’24. The SVP, Gen. Counsel, Corp. Sec. now owns 12,339 shares after completing the transaction at $176.77 per share. On Sep 11 ’23, another insider, Shackley Brian Charles, who serves as the VP, Chief Accounting Officer of the company, sold 475 shares for $112.77 each. As a result, the insider received 53,566 and left with 3,222 shares of the company.

Valuation Measures:

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 4.06B and an Enterprise Value of 4.03B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.76 while its Price-to-Book (P/B) ratio in mrq is 5.00. Its current Enterprise Value per Revenue stands at 5.70 whereas that against EBITDA is -167.10.

Stock Price History:

Over the past 52 weeks, AVAV has reached a high of $184.61, while it has fallen to a 52-week low of $88.24. The 50-Day Moving Average of the stock is 131.65, while the 200-Day Moving Average is calculated to be 115.07.

Shares Statistics:

It appears that AVAV traded 326.00K shares on average per day over the past three months and 950.34k shares per day over the past ten days. A total of 28.14M shares are outstanding, with a floating share count of 27.83M. Insiders hold about 1.08% of the company’s shares, while institutions hold 86.18% stake in the company. Shares short for AVAV as of Feb 29, 2024 were 900.81k with a Short Ratio of 2.76, compared to 923.58k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.20% and a Short% of Float of 3.85%.

Earnings Estimates

As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.14, while EPS last year was $0.99. The consensus estimate for the next quarter is $0.61, with high estimates of $0.67 and low estimates of $0.51.

Analysts are recommending an EPS of between $2.85 and $2.73 for the fiscal current year, implying an average EPS of $2.8. EPS for the following year is $3.39, with 6 analysts recommending between $3.64 and $2.87.

Revenue Estimates

In the current quarter, 6 analysts expect revenue to total $188.56M. It ranges from a high estimate of $194M to a low estimate of $185.4M. As of the current estimate, AeroVironment Inc.’s year-ago sales were $186.04M, an estimated increase of 1.40% from the year-ago figure.

A total of 6 analysts have provided revenue estimates for AVAV’s current fiscal year. The highest revenue estimate was $713M, while the lowest revenue estimate was $705M, resulting in an average revenue estimate of $708.15M. In the same quarter a year ago, actual revenue was $540.54M, up 31.00% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $801.88M in the next fiscal year. The high estimate is $828.97M and the low estimate is $773M. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.

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