AeroVironment (NASDAQ:AVAV) Issues Quarterly Earnings Results

AeroVironment (NASDAQ:AVAV) released its quarterly earnings data on Wednesday. The aerospace company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.22 by $0.21, Briefing.com reports. AeroVironment had a return on equity of 10.89% and a net margin of 8.32%. The company had revenue of $197.00 million for the quarter, compared to analysts’ expectations of $188.48 million. During the same period last year, the firm posted $0.99 earnings per share. AeroVironment’s revenue was up 5.9% compared to the same quarter last year. AeroVironment updated its FY25 guidance to $3.18-3.49 EPS and its FY 2025 guidance to 3.180-3.490 EPS.

AeroVironment Stock Performance

NASDAQ AVAV traded up $4.25 on Friday, hitting $182.16. 821,056 shares of the company traded hands, compared to its average volume of 464,067. The company has a current ratio of 3.56, a quick ratio of 3.16 and a debt-to-equity ratio of 0.02. The business’s 50 day moving average price is $190.43 and its 200-day moving average price is $154.38. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 82.05 and a beta of 0.46. AeroVironment has a 52-week low of $91.00 and a 52-week high of $224.00.

Analyst Ratings Changes

Several research firms have recently weighed in on AVAV. Robert W. Baird reissued a “neutral” rating and set a $161.00 price objective on shares of AeroVironment in a report on Friday, March 8th. William Blair reiterated an “outperform” rating on shares of AeroVironment in a research note on Tuesday, March 5th. BTIG Research initiated coverage on AeroVironment in a research note on Wednesday. They issued a “buy” rating and a $255.00 price target on the stock. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $200.00 price objective on shares of AeroVironment in a research report on Thursday. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, AeroVironment has an average rating of “Moderate Buy” and a consensus target price of $175.20.

AeroVironment Company Profile

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.