AeroVironment (NASDAQ:AVAV) Receives “Market Outperform” Rating from Citizens Jmp

by · The Cerbat Gem

AeroVironment (NASDAQ:AVAV – Get Free Report)‘s stock had its “market outperform” rating reissued by equities researchers at Citizens Jmp in a report issued on Wednesday,Benzinga reports. They currently have a $400.00 price objective on the aerospace company’s stock. Citizens Jmp’s price target would suggest a potential upside of 42.14% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Robert W. Baird lifted their target price on shares of AeroVironment from $267.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Bank of America initiated coverage on AeroVironment in a research note on Thursday, September 18th. They set a “buy” rating and a $300.00 price objective for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of AeroVironment in a research note on Monday. Zacks Research upgraded AeroVironment from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. Finally, BNP Paribas Exane began coverage on AeroVironment in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $355.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, AeroVironment has an average rating of “Moderate Buy” and a consensus price target of $373.50.

Check Out Our Latest Stock Report on AVAV

AeroVironment Price Performance

AeroVironment stock opened at $281.42 on Wednesday. The business’s 50-day simple moving average is $334.53 and its 200 day simple moving average is $274.16. The company has a quick ratio of 5.12, a current ratio of 5.96 and a debt-to-equity ratio of 0.16. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of -439.71, a P/E/G ratio of 4.00 and a beta of 1.14. AeroVironment has a 12-month low of $102.25 and a 12-month high of $417.86.

AeroVironment (NASDAQ:AVAV – Get Free Report) last released its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). The business had revenue of $472.51 million for the quarter, compared to analyst estimates of $466.16 million. AeroVironment had a negative net margin of 4.14% and a positive return on equity of 4.67%. The business’s revenue for the quarter was up 150.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 earnings per share. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, research analysts anticipate that AeroVironment will post 3.38 earnings per share for the current year.

Insider Buying and Selling

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 513 shares of AeroVironment stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $331.46, for a total value of $170,038.98. Following the transaction, the chief financial officer owned 18,811 shares of the company’s stock, valued at approximately $6,235,094.06. The trade was a 2.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Trace E. Stevenson sold 1,717 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $381.00, for a total transaction of $654,177.00. Following the completion of the transaction, the insider owned 4,907 shares of the company’s stock, valued at $1,869,567. This trade represents a 25.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 3,228 shares of company stock valued at $1,223,157. 0.81% of the stock is owned by company insiders.

Institutional Trading of AeroVironment

Institutional investors have recently modified their holdings of the company. US Bancorp DE raised its position in AeroVironment by 13.5% in the 2nd quarter. US Bancorp DE now owns 8,068 shares of the aerospace company’s stock valued at $2,299,000 after buying an additional 961 shares during the last quarter. Wedbush Securities Inc. bought a new position in shares of AeroVironment during the 2nd quarter worth approximately $273,000. CreativeOne Wealth LLC acquired a new stake in shares of AeroVironment in the second quarter valued at approximately $309,000. Semanteon Capital Management LP bought a new stake in shares of AeroVironment in the second quarter worth $874,000. Finally, Twin Tree Management LP acquired a new position in AeroVironment during the second quarter worth $697,000. 86.38% of the stock is currently owned by institutional investors.

About AeroVironment

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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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