AeroVironment, Inc. (NASDAQ:AVAV) – Equities research analysts at William Blair issued their Q3 2021 earnings per share estimates for AeroVironment in a research note issued to investors on Wednesday, June 24th. William Blair analyst L. Dipalma anticipates that the aerospace company will earn $0.35 per share for the quarter. William Blair also issued estimates for AeroVironment’s Q4 2021 earnings at $0.68 EPS.

A number of other equities research analysts have also commented on the stock. TheStreet upgraded shares of AeroVironment from a “c+” rating to a “b-” rating in a report on Monday, June 22nd. Robert W. Baird upped their price target on shares of AeroVironment from $71.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, June 24th. ValuEngine lowered shares of AeroVironment from a “buy” rating to a “hold” rating in a report on Thursday, March 26th. Stifel Nicolaus upgraded shares of AeroVironment from a “hold” rating to a “buy” rating and upped their price objective for the stock from $55.00 to $90.00 in a report on Thursday, June 25th. Finally, BidaskClub lowered shares of AeroVironment from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 10th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. AeroVironment has an average rating of “Buy” and an average price target of $82.67.

NASDAQ:AVAV opened at $78.32 on Monday. The company has a fifty day moving average of $68.98 and a 200 day moving average of $63.26. AeroVironment has a 52 week low of $45.00 and a 52 week high of $80.11. The company has a quick ratio of 6.48, a current ratio of 7.56 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1.85 billion, a P/E ratio of 46.07, a P/E/G ratio of 1.65 and a beta of 0.72.

AeroVironment (NASDAQ:AVAV) last posted its quarterly earnings results on Tuesday, June 23rd. The aerospace company reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.06. AeroVironment had a net margin of 11.18% and a return on equity of 9.02%. The company had revenue of $135.22 million during the quarter, compared to analyst estimates of $123.44 million. During the same period in the prior year, the business posted $0.26 EPS. The firm’s revenue was up 53.8% compared to the same quarter last year.

Institutional investors have recently modified their holdings of the stock. FSA Wealth Management LLC bought a new position in shares of AeroVironment in the 4th quarter worth about $31,000. Valeo Financial Advisors LLC increased its stake in shares of AeroVironment by 50.0% in the 1st quarter. Valeo Financial Advisors LLC now owns 600 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 200 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of AeroVironment in the 4th quarter worth about $41,000. Nisa Investment Advisors LLC increased its stake in shares of AeroVironment by 1,136.4% in the 1st quarter. Nisa Investment Advisors LLC now owns 1,360 shares of the aerospace company’s stock worth $83,000 after acquiring an additional 1,250 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of AeroVironment by 55.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,855 shares of the aerospace company’s stock worth $113,000 after acquiring an additional 664 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

About AeroVironment

AeroVironment, Inc designs, develops, produces, supports, and operates a portfolio of products and services for government agencies and businesses. The company offers unmanned aircraft systems (UAS) and related services primarily to organizations within the U.S. Department of Defense and to international allied governments; and tactical missile systems and related services to organizations within the U.S.

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Earnings History and Estimates for AeroVironment (NASDAQ:AVAV)

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