Where can I buy AVAV shares?
Shares of AVAV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
Is AeroVironment (AVAV) a strong sell right now?
On Dec. 7, AeroVironment reported fiscal second-quarter earnings of $0.78 per share, beating analyst expectations for $0.62 per share. A soldier prepares to launch an AeroVironment drone. AVAV, HQY, MESA, SWK, and CGNX have been added to the Zacks Rank #5 (Strong Sell) List on December 10, 2021.
What are analysts'target prices for AeroVironment's shares?
6 Wall Street analysts have issued 1 year target prices for AeroVironment's shares. Their forecasts range from $64.00 to $120.00. On average, they anticipate AeroVironment's share price to reach $93.50 in the next twelve months.
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Is avav a buy?
AeroVironment has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Should I buy AeroVironment stock?
AeroVironment finds support from accumulated volume at $81.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Why is AeroVironment stock down?
Shares of AeroVironment plummeted 27.5% on Dec. 7 after the company announced with its quarterly financial results that it would slash its full-year revenue guidance by at least $100 million, “primarily due to three headwinds” tied to supply chains and staffing.
Is AeroVironment a public company?
AeroVironment became a public company on January 23, 2007 at an IPO price of $17 per share.
Will AVAV stock go up?
Based on our forecasts, a long-term increase is expected, the "AVAV" stock price prognosis for 2027-05-21 is 128.907 USD. With a 5-year investment, the revenue is expected to be around +34.33%. Your current $100 investment may be up to $134.33 in 2027.
Who owns AeroVironment?
AeroVironmentTypePublicHeadquartersArlington, Virginia, United StatesKey peoplePaul B. MacCready Jr., FounderRevenueUS$ 394.912 million (2021)Operating incomeUS$ 43.538 million (2012)8 more rows
Is AeroVironment a buy right now?
6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AeroVironment in the last twelve months. There are currently 3 ho...
When is AeroVironment's next earnings date?
AeroVironment is scheduled to release its next quarterly earnings announcement on Tuesday, July 5th 2022. View our earnings forecast for AeroViron...
How were AeroVironment's earnings last quarter?
AeroVironment, Inc. (NASDAQ:AVAV) posted its earnings results on Thursday, March, 3rd. The aerospace company reported $0.32 earnings per share for...
What guidance has AeroVironment issued on next quarter's earnings?
AeroVironment issued an update on its FY 2022 earnings guidance on Thursday, March, 31st. The company provided EPS guidance of $1.230-$1.370 for th...
What price target have analysts set for AVAV?
6 brokers have issued 1-year target prices for AeroVironment's shares. Their forecasts range from $66.00 to $120.00. On average, they anticipate Ae...
Who are AeroVironment's key executives?
AeroVironment's management team includes the following people: Mr. Wahid Nawabi , Chairman, Pres & CEO (Age 53, Pay $1.19M) ( LinkedIn Profile )...
What is Wahid Nawabi's approval rating as AeroVironment's CEO?
58 employees have rated AeroVironment CEO Wahid Nawabi on Glassdoor.com . Wahid Nawabi has an approval rating of 82% among AeroVironment's employees.
Who are some of AeroVironment's key competitors?
Some companies that are related to AeroVironment include Honeywell International (HON) , Lockheed Martin (LMT) , Northrop Grumman (NOC) , Boein...
What other stocks do shareholders of AeroVironment own?
Based on aggregate information from My MarketBeat watchlists, some companies that other AeroVironment investors own include NVIDIA (NVDA) , Intel...
The defense company missed sales targets badly -- and promised more of the same
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Investors shot shares of defense contractor and unmanned aerial vehicles manufacturer AeroVironment ( NASDAQ:AVAV) out of the sky on Tuesday, and the stock is down 26.2% as of 11:40 a.m. ET. The funny thing is, AeroVironment didn't miss earnings this morning -- it beat them.
So what
So was fiscal Q2 a good quarter or a bad quarter for AeroVironment? Let's dig into the details.
Now what
And the news gets worse from there. AeroVironment CEO Wahid Nawabi warned that "headwinds to our business have intensified in recent months, requiring us to reduce our full year outlook" for the balance of fiscal 2022.
When will Aerovironment release its earnings?
AeroVironment is scheduled to release its next quarterly earnings announcement on Wednesday, September 8th 2021. View our earnings forecast for AeroVironment.
Who owns Aerovironment?
AeroVironment's stock is owned by a number of retail and institutional investors. Top institutional investors include Gradient Investments LLC (0.16%), State of Alaska Department of Revenue (0.06%) and Oregon Public Employees Retirement Fund (0.04%).
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Hummer Financial Advisory Services Inc Buys PepsiCo Inc, Cigna Corp, Paychex Inc, Sells Zoom ..
Investment company Hummer Financial Advisory Services Inc (Current Portfolio) buys PepsiCo Inc, Cigna Corp, Paychex Inc, sells Zoom Video Communications Inc, AeroVironment Inc, General Electric Co, Eli Lilly and Co, AT&T Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Hummer Financial Advisory Services Inc..
What is the OBV on Mad Money?
The On-Balance-Volume (OBV) line shows a peak in February and its decline tells us that sellers of AVAV have been more aggressive. The weekly OBV line has declined from February but shows some positive improvement since early May. The MACD oscillator is pointed down toward the zero line but it has been narrowing.
When will AeroVironment deliver Puma 3?
The orders encompass the procurement of Puma 3 AE crewless aircraft systems (UAS) and spare packages, delivered on April 30, 2021, and Raven UAS spares packages with delivery anticipated by November 2021.
Summary
AVAV designs and sells unmanned aircraft systems, tactical missile solutions, and unmanned ground vehicles to government agencies and other businesses.
With More International Clients, AVAV Would Be Worth Much More
Headquartered in Arlington, Virginia, AVAV designs and sells unmanned aircraft systems, tactical missile solutions, and unmanned ground vehicles to government agencies and other businesses. The U.S. Department of Defense is one of AVAV's clients:
Expectations Of Other Analysts
Market analysts seem to appreciate AVAV quite a bit. They are expecting FY 2022 sales of $570 million, which would mean double-digit sales growth. The company's FY 2022 EBITDA would also stand at $108 million, which would imply an EBITDA margin of 12%.
Risks From Government Contracts And Budgetary Constraints
The company makes more than 60% of sales from contracts with the U.S. government. For whatever reason, the government may decide to reduce its budget, which may reduce the number of contracts signed with AVAV. As a result, the company may have to lower its FCF expectations:
Risks From Failures Could Be A Disaster For AVAV
If AVAV sells any product with a single error or failure, management may suffer damage or reputation risks. As a result, certain clients could stop working with AVAV, which may lower the revenue expectations, and decrease AVAV's total valuation. That's not all.
Takeaway
Even with the recent reduction in the 2022 revenue expectations, AVAV appears undervalued. In my view, if management continues to work with the US Government, and other allies are willing to buy products, international revenue would grow up.