AeroVironment (NASDAQ:AVAV) Updates FY25 Earnings Guidance

AeroVironment (NASDAQ:AVAV) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $3.18-3.49 for the period, compared to the consensus earnings per share estimate of $3.49. The company issued revenue guidance of $790-820 million, compared to the consensus revenue estimate of $826.39 million.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Alembic Global Advisors raised AeroVironment from a “neutral” rating to an “overweight” rating and set a $216.00 target price for the company in a research report on Wednesday, August 28th. Robert W. Baird raised AeroVironment from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $161.00 to $220.00 in a research report on Wednesday, August 28th. Jefferies Financial Group raised shares of AeroVironment from a “hold” rating to a “buy” rating and reduced their price target for the company from $240.00 to $230.00 in a research report on Wednesday, November 20th. Baird R W raised shares of AeroVironment from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 28th. Finally, Raymond James lowered shares of AeroVironment from an “outperform” rating to a “market perform” rating in a research report on Monday, September 16th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $211.83.

AeroVironment Stock Performance

Shares of NASDAQ:AVAV traded up $3.79 during mid-day trading on Wednesday, reaching $196.89. 669,499 shares of the company traded hands, compared to its average volume of 342,535. AeroVironment has a 52 week low of $116.51 and a 52 week high of $236.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.26 and a quick ratio of 3.04. The firm has a market cap of $5.55 billion, a PE ratio of 90.66 and a beta of 0.45. The company’s 50 day moving average price is $208.78 and its 200-day moving average price is $194.35.

AeroVironment (NASDAQ:AVAV) last posted its quarterly earnings results on Wednesday, December 4th. The aerospace company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.29). AeroVironment had a return on equity of 9.87% and a net margin of 7.82%. The business had revenue of $188.46 million during the quarter, compared to the consensus estimate of $181.80 million. During the same quarter in the previous year, the company earned $0.97 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities analysts expect that AeroVironment will post 3.36 EPS for the current fiscal year.

Insider Activity

In related news, CFO Kevin Patrick Mcdonnell sold 508 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $216.65, for a total transaction of $110,058.20. Following the sale, the chief financial officer now owns 16,868 shares in the company, valued at approximately $3,654,452.20. This represents a 2.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 1,782 shares of company stock worth $373,609. 1.27% of the stock is currently owned by insiders.

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.