AVAV - AeroVironment, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
61.30
-1.20 (-1.92%)
At close: 4:00PM EST
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Previous Close62.50
Open62.51
Bid0.00 x 1200
Ask0.00 x 800
Day's Range61.12 - 62.89
52 Week Range48.61 - 95.38
Volume185,191
Avg. Volume198,371
Market Cap1.471B
Beta (3Y Monthly)1.18
PE Ratio (TTM)38.31
EPS (TTM)1.60
Earnings DateMar 3, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est71.80
  • Business Wire

    AeroVironment, Inc. to Present at the Raymond James 2019 Technology Investors Conference

    AVAV AeroVironment, Inc. to Present at the Raymond James 2019 Technology Investors Conference in NY City

  • Thomson Reuters StreetEvents

    Edited Transcript of AVAV earnings conference call or presentation 3-Dec-19 9:30pm GMT

    Q2 2020 AeroVironment Inc Earnings Call

  • AeroVironment (AVAV) Q2 Earnings and Revenues Top Estimates
    Zacks

    AeroVironment (AVAV) Q2 Earnings and Revenues Top Estimates

    AeroVironment (AVAV) delivered earnings and revenue surprises of 13.33% and 3.91%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    AeroVironment, Inc. Announces Fiscal 2020 Second Quarter Results

    AeroVironment, Inc. today reported financial results for its second quarter ended October 26, 2019.

  • Investopedia

    AeroVironment Breaks Out After Analyst Upgrade

    AeroVironment shares moved sharply higher after Baird analysts upgraded the stock to Outperform and issued a Street-high $81 per share price target.

  • Calculating The Fair Value Of AeroVironment, Inc. (NASDAQ:AVAV)
    Simply Wall St.

    Calculating The Fair Value Of AeroVironment, Inc. (NASDAQ:AVAV)

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of AeroVironment, Inc...

  • AeroVironment (AVAV) to Report Q2 Earnings: What's in Store?
    Zacks

    AeroVironment (AVAV) to Report Q2 Earnings: What's in Store?

    AeroVironment's (AVAV) second-quarter fiscal 2020 results are expected to reflect an uptick from product launches. However, integration costs for Pulse Aerospace acquisition might dampen growth.

  • Business Wire

    AeroVironment Settles with United States Department of State for Voluntarily Reported Alleged Export Violations

    AeroVironment, Inc. (AVAV), a global leader in unmanned aircraft systems (UAS), today announced it has reached a settlement with the United States Department of State for alleged export violations the company reported voluntarily for the period June 5, 2014 to December 22, 2016. AeroVironment has agreed to pay $1,000,000 over a two-year period, $500,000 of which is suspended and can be credited against investments already made or to be made to enhance export controls. AeroVironment will also hire an outside Special Compliance Officer (SCO) for a term of one year and conduct an external audit to assess and improve its compliance program during the Consent Agreement term.

  • These 3 Aerospace Stocks Can Fly High in 2020
    TipRanks

    These 3 Aerospace Stocks Can Fly High in 2020

    One small step for man, one giant leap for… investors looking into aerospace stocks heading to the moon?Talk of a looming recession has been a theme among investors this year. Whether a recession hits or not, Goldman Sachs notes that one sector in particular usually performs well as the market enters into such unpredictable territory, namely Aerospace and Defense.The space has plenty of good stocks, but naturally investors are looking for the right ones to put their hard-earned cash into. Using TipRanks’ Stock Screener tool, we locked in our focus on 3 aerospace stocks the analysts think are ready for lift off heading into 2020. AeroVironment, Inc. (AVAV)Our first aerospace pick is the aptly named, AeroVironment. The company makes unmanned aircraft systems and is the Pentagon's top supplier of small drones — including the Raven, Wasp, and Puma models. The Raven holds the lofty title of “the most widely used military unmanned aircraft system in the world”.The drone manufacturer has been keeping busy. AeroVironment recently secured a $12 million contract from an unnamed Middle Eastern country to supply logistics, parts, and services for an existing fleet of Puma and Raven aircrafts, alongside a $55 million U.S. army contract to begin radio frequency modifications on its Raven fleet.The company is profitable, has cash in the coffers, and Piper Jaffray’s Troy Jensen thinks now is the time for investors to take note. The 5-star analyst said, “We believe the recent pullback in AVAV shares has created a more compelling entry point and we continue to believe the company will execute on a variety of growth initiatives throughout FY20 and beyond. We continue to believe AVAV will benefit as U.S. defense budgets shift more toward unmanned aircraft and international defense sales should grow even faster than domestic sales, given its recent focus on international expansion”.Putting his money where his mouth is, Jensen upgraded his rating on AVAV from Hold to Buy and increased his price target to $76 (from $66). (To watch Jensen’s track record, click here)The Street is set to join Jensen on the launch pad, as AVAV currently has a Strong Buy consensus rating, which breaks down into 3 Buys and 1 Hold. The average price target is $78, implying 29% upside from its current price of $60.63. (See AeroVironment stock analysis on TipRanks)Aerojet Rocketdyne Holdings (AJRD)It is hard to sound more impressive than a company that essentially designs spacecrafts, but then Aerojet Rocketdyne does what it says on the tin. It supplies aerospace and defense products to the U.S government’s major space and defense contractors. The company recently notched a world’s first when it showcased an Advanced Electric Propulsion System (AEPS) thruster at full power which will be used for NASA’s Gateway, an orbiting lunar outpost for robotic and human exploration operations in deep space. Woah.Back down on earth though, Aerojet recently posted a disappointing 3Q19 report. Revenues fell 3.4% year-over-year to $481.8M, below the Street's estimate of $505.4M. EPS of $0.35 was also lower than the Street’s estimate of $0.44.However, SunTrust Robinson’s 5-star analyst Michael Ciarmoli believes the company’s lighter bookings and revenue weakness were more to do with timing than specific problems. Citing Aerojet’s ability to build and generate cash at a strong pace as well as the excess of $650M on its balance sheet, he argues that investors should feel reassured.Ciarmoli said, “In our view, AJRD remains an underfollowed SMID-cap defense contractor poised to benefit from favorable defense spending and space-based trends… We believe ongoing operational improvement efforts, recent leadership changes, and the potential to reengage with Wall Street, all will positively influence shares in the near-term.” To this end, the analyst reiterated his buy rating alongside a price target of $55.00 implying upside potential of 26%. (To watch Ciarmoli’s track record, click here)Canaccord Genuity’s Kenneth Herbert is another analyst predicting lift off for the rocket designer. After recently meeting the company’s management, the 5-star analyst came away impressed, noting, “The 2020-2021 MSD top-line growth is expected to be driven by defense sales (THAAD, Standard Missile, GMLRS, Hypersonics), while space sales re-set at a higher run rate after strong 2019 growth (NASA up ~15% YTD). While much of the margin improvement is reflected in results, we believe top-line growth and capital allocation will be positive catalysts.” (To watch Herbert’s track record, click here)The Street is relatively quiet right now regarding Aerojet. With 2 Buys and 1 Hold, AJRD currently ranks as a Moderate Buy. The aerospace specialist, though, has an average price target of $53.00, which implies an increase of 22% from its current price of $43.60. (See Aerojet stock analysis on TipRanks) Textron (TXT)Textron was founded in 1923 as a textile company but through its expansion and metamorphosis, a century later it is a multinational company with over 35,000 employees worldwide and several big-name subsidiaries under its umbrella, including Bell, Cessna, Beechcraft, E-Z-GO, and Arctic Cat. The company experienced a bit of a sell-off following its recent Q3 report, due to what investors saw as underwhelming performance - the company reported a beat on earnings but missed on revenue. Sector wise, aviation saw notable growth, along with the industrial division. On the other hand, TXT Systems underperformed.Jeffries’ Sheila Kahyaoglu recently met up with company management and following the meeting had some key takeaways, noting, “The tone of the meeting was subdued on the business jet demand environment, with the upside in the portfolio from defense programs including FARA, FLRAA, Navy Trainer, and AT-6.”Highlighting the multinational’s diverse holdings, the 5-star analyst added,” We believe TXT has the potential for significant organic growth given its new product pipeline. Improved market dynamics and some investment holiday should lead to higher earnings in 2019/20. We think this growth outlook is not reflected in the current ~25% valuation discount to peers on an EV/EBITDA basis.”The 5-star analyst reiterated her buy rating on TXT. Her price target remains a bullish $65.00, implying handsome upside potential of 38%. (To watch Kahyaoglu’s track record, click here)Overall, the Street’s sentiment on TXT stock is mixed, giving the multinational a Moderate Buy rating alongside an average price target of $54.40. This implies upside of almost 17% from its current price of $46.37. (See Textron stock analysis on TipRanks)

  • Business Wire

    AeroVironment, Inc. Schedules Second Quarter Fiscal Year 2020 Earnings Release and Conference Call

    AeroVironment, Inc. , a global leader in unmanned aircraft systems , today announced it will issue financial results for the Company's second quarter ended October 26, 2019, after the market closes on Tuesday, December 3, 2019.

  • AeroVironment Awarded $12 Million Support Contract from Major Middle Eastern Ally
    Business Wire

    AeroVironment Awarded $12 Million Support Contract from Major Middle Eastern Ally

    AeroVironment, Inc. (AVAV), a global leader in unmanned aircraft systems (UAS), today announced a major Middle Eastern ally awarded the company a firm fixed-price contract valued at $11,999,992 on October 25, 2019 for logistics support, spares, and repair services in support of its existing fleet of AeroVironment’s Puma™ AE and Raven® B tactical UAS. The contract award period of performance is two years.

  • Business Wire

    AeroVironment Wins U.S. Army Contract Valued at Up to $55 Million for Radio Frequency Modifications to Raven® B Unmanned Aircraft Systems

    SIMI VALLEY, Calif.-- -- Potential contract options total as much as $55 million; initial base delivery order is $862,488 Hand-launched AeroVironment Raven is the most widely used military unmanned aircraft system in the world AeroVironment, Inc. , a global leader in unmanned aircraft systems for both defense and commercial applications, announced the U.S. Army awarded the company a firm-fixed-price ...

  • Southeast Asian Military Customer Awards AeroVironment $6.4 Million Raven Tactical UAS Follow-On Contract Award
    Business Wire

    Southeast Asian Military Customer Awards AeroVironment $6.4 Million Raven Tactical UAS Follow-On Contract Award

    AeroVironment, Inc. (AVAV), a global leader in unmanned aircraft systems (UAS), today announced it received a firm fixed-price contract valued at $6,408,542 from an existing Southeast Asian military customer on September 17, 2019 for additional Raven® unmanned aircraft systems. “With nearly two decades of combat-proven effectiveness, Raven is a mainstay workhorse for this customer’s military, other allied governments, and the U.S. military because it gives troops closest to the fight immediate eyes in the sky to gain lifesaving situational awareness anywhere and at any time,” said Rick Pedigo, vice president of sales and business development at AeroVironment.

  • Is AeroVironment, Inc. (AVAV) Going to Burn These Hedge Funds?
    Insider Monkey

    Is AeroVironment, Inc. (AVAV) Going to Burn These Hedge Funds?

    Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]

  • The Keys to Successfully Timing the Markets - October 25, 2019
    Zacks

    The Keys to Successfully Timing the Markets - October 25, 2019

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • AeroVironment Receives $5.25 Million Puma 3 AE Contract for U.S. Border Patrol
    Business Wire

    AeroVironment Receives $5.25 Million Puma 3 AE Contract for U.S. Border Patrol

    AeroVironment, Inc. (AVAV), a global leader in unmanned aircraft systems (UAS), received a $5,254,912 firm fixed-price contract award for Puma™ 3 AE systems and support equipment on August 8, 2019 for the U.S. Border Patrol, part of the U.S. Customs and Border Protection (CBP). Delivery is anticipated by January 2020.

  • AeroVironment Recognized as a Great Place to Work-Certified Company
    Business Wire

    AeroVironment Recognized as a Great Place to Work-Certified Company

    Great Place to Work®, the global authority on workplace culture, employee experience and leadership behaviors, has recognized AeroVironment, Inc. (AVAV) as a Great Place to Work-Certified™ company. AeroVironment, which opened Innovation Centers in New England and the Midwest in 2019 to expand beyond its facilities in California, Washington, DC and Huntsville, Alabama, earned the Great Place to Work credential based on extensive ratings provided by its team members in anonymous surveys.

  • Benzinga

    Piper Jaffray Upgrades AeroVironment On Valuation, Growth Opportunities

    The recent pullback in AeroVironment, Inc’s (NASDAQ: AVAV ) shares offers a “more compelling” entry point for investors, while the company has plans for various growth initiatives through fiscal 2020 and ...

  • AeroVironment Launches New Puma™ LE, Delivering Group 2 Capabilities in a Group 1 Footprint with Increased Range, Endurance and Payload Capacity
    Business Wire

    AeroVironment Launches New Puma™ LE, Delivering Group 2 Capabilities in a Group 1 Footprint with Increased Range, Endurance and Payload Capacity

    WASHINGTON-- -- Rapidly deployable via hand-launch, Puma LE’s 5.5-hour endurance delivers persistent data with increased time on station, in an economical two-case mission packout Puma LE’s 5.5-pound total payload capacity includes a secondary payload bay with dedicated power supply and Ethernet connection, making Puma LE the ideal multi-mission platform for third-party payload integration Shared plug-and-play ...

  • The AeroVironment (NASDAQ:AVAV) Share Price Is Up 153% And Shareholders Are Boasting About It
    Simply Wall St.

    The AeroVironment (NASDAQ:AVAV) Share Price Is Up 153% And Shareholders Are Boasting About It

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you buy shares in a...

  • MoneyShow

    AeroVironment, Raytheon and the Future of Drones

    Drones and drone defense systems will soon become two of the defense industry's most profitable products, notes international expert Jim Powell, editor of Global Changes & Opportunities Report.

  • Reasons to Add Teledyne Technologies (TDY) to Your Portfolio
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    Reasons to Add Teledyne Technologies (TDY) to Your Portfolio

    Teledyne Technologies (TDY) is an attractive choice for investors right now, courtesy of solid backlog, strong balance sheet and acquisition strategy.

  • ETFs to Invest in Mobile Payments and Drone Economy
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    ETFs to Invest in Mobile Payments and Drone Economy

    These ETFs are posed to benefit from rapid growth of mobile payments and drone industries.

  • Timing the Market, Is it Possible? - October 02, 2019
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    Timing the Market, Is it Possible? - October 02, 2019

    In the long-run, does consistent market timing really matter to be a successful investor?