AeroVironment Inc. (NASDAQ: AVAV) closed the day trading at $177.67 down -2.51% from the previous closing price of $182.25. In other words, the price has decreased by -$4.58 from its previous closing price. On the day, 740993 shares were traded.
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Ratios:
For a better understanding of AVAV, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 459.95. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on October 09, 2023, Downgraded its rating to Outperform and sets its target price to $125 from $130 previously.
On September 07, 2023, Alembic Global Advisors Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $115.
Robert W. Baird Upgraded its Neutral to Outperform on September 06, 2023, whereas the target price for the stock was revised from $95 to $128.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’23 when Shackley Brian Charles sold 475 shares for $112.77 per share. The transaction valued at 53,566 led to the insider holds 3,222 shares of the business.
PAGE STEPHEN F sold 2,105 shares of AVAV for $191,092 on Mar 30 ’23. The Director now owns 45,721 shares after completing the transaction at $90.78 per share. On Mar 09 ’23, another insider, MULLER EDWARD R, who serves as the Director of the company, sold 7,511 shares for $92.54 each. As a result, the insider received 695,068 and left with 20,408 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 5.00B and an Enterprise Value of 4.96B. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.08 while its Price-to-Book (P/B) ratio in mrq is 6.15. Its current Enterprise Value per Revenue stands at 7.03 whereas that against EBITDA is -205.93.
Stock Price History:
Over the past 52 weeks, AVAV has reached a high of $184.22, while it has fallen to a 52-week low of $87.33. The 50-Day Moving Average of the stock is 126.13, while the 200-Day Moving Average is calculated to be 112.69.
Shares Statistics:
Over the past 3-months, AVAV traded about 312.70K shares per day on average, while over the past 10 days, AVAV traded about 737.45k shares per day. A total of 28.14M shares are outstanding, with a floating share count of 27.83M. Insiders hold about 1.09% of the company’s shares, while institutions hold 86.18% stake in the company. Shares short for AVAV as of Feb 15, 2024 were 872.82k with a Short Ratio of 2.79, compared to 816.43k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.10% and a Short% of Float of 3.73%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.24 for the current quarter, with a high estimate of $0.46 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 $2.67 for the fiscal current year, implying an average EPS of $2.77. EPS for the following year is $3.34, with 6 analysts recommending between $3.55 and $2.87.
Revenue Estimates
6 analysts predict $190.99M in revenue for the current quarter. It ranges from a high estimate of $200M to a low estimate of $185.5M. As of the current estimate, AeroVironment Inc.’s year-ago sales were $186.04M, an estimated increase of 2.70% 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 $696.6M, resulting in an average revenue estimate of $706.75M. In the same quarter a year ago, actual revenue was $540.54M, up 30.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $799.76M in the next fiscal year. The high estimate is $828.97M and the low estimate is $760.3M. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.
