AeroVironment, Inc. (NASDAQ:AVAV – Get Free Report) VP Trace E. Stevenson sold 1,913 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $183.00, for a total value of $350,079.00. Following the completion of the sale, the vice president now owns 2,570 shares of the company’s stock, valued at $470,310. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
AeroVironment Stock Performance
Shares of AVAV stock opened at $166.23 on Monday. The stock has a market cap of $4.68 billion, a P/E ratio of -38.57 and a beta of 0.42. The company has a fifty day moving average price of $127.81 and a two-hundred day moving average price of $121.38. AeroVironment, Inc. has a one year low of $87.33 and a one year high of $184.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.66 and a quick ratio of 3.13.
AeroVironment (NASDAQ:AVAV – Get Free Report) last issued its earnings results on Monday, March 4th. The aerospace company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.30. The business had revenue of $186.60 million during the quarter, compared to the consensus estimate of $170.62 million. AeroVironment had a negative net margin of 15.14% and a positive return on equity of 13.93%. AeroVironment’s revenue was up 38.8% on a year-over-year basis. During the same period last year, the business posted $0.33 EPS. As a group, equities analysts predict that AeroVironment, Inc. will post 2.8 EPS for the current year.
Institutional Inflows and Outflows
Analyst Ratings Changes
A number of analysts recently issued reports on the company. Robert W. Baird reissued a “neutral” rating and set a $161.00 target price on shares of AeroVironment in a research note on Friday. Royal Bank of Canada upped their price target on shares of AeroVironment from $155.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday, March 5th. Raymond James raised their price objective on shares of AeroVironment from $125.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, December 7th. Finally, William Blair reiterated an “outperform” rating on shares of AeroVironment in a report on Tuesday, March 5th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $139.20.
Read Our Latest Analysis on AeroVironment
About AeroVironment
AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.
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