AeroVironment (NASDAQ:AVAV) Receives Buy Rating from BTIG Research

BTIG Research reaffirmed their buy rating on shares of AeroVironment (NASDAQ:AVAV) in a report released on Monday morning,Benzinga reports. BTIG Research currently has a $415.00 target price on the aerospace company’s stock.

A number of other research firms also recently issued reports on AVAV. Royal Bank Of Canada reiterated an “outperform” rating on shares of AeroVironment in a report on Tuesday, January 20th. Raymond James Financial reiterated a “strong-buy” rating on shares of AeroVironment in a research note on Tuesday, December 16th. Canaccord Genuity Group set a $400.00 price objective on shares of AeroVironment in a research note on Wednesday, December 10th. Needham & Company LLC restated a “buy” rating and issued a $450.00 price objective on shares of AeroVironment in a report on Wednesday, December 10th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of AeroVironment in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, AeroVironment currently has a consensus rating of “Moderate Buy” and an average target price of $375.41.

AeroVironment Stock Performance

Shares of AVAV stock opened at $302.67 on Monday. The firm has a market capitalization of $15.11 billion, a price-to-earnings ratio of -242.14, a PEG ratio of 4.55 and a beta of 1.16. The stock has a fifty day moving average of $287.13 and a 200 day moving average of $294.07. AeroVironment has a 52 week low of $102.25 and a 52 week high of $417.86. The company has a quick ratio of 4.29, a current ratio of 5.08 and a debt-to-equity ratio of 0.16.

AeroVironment (NASDAQ:AVAV) last issued its quarterly earnings data 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). AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The company had revenue of $472.51 million for the quarter, compared to analysts’ expectations of $466.16 million. During the same period in the previous year, the firm posted $0.47 earnings per share. The firm’s revenue for the quarter was up 150.7% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, research analysts expect that AeroVironment will post 3.38 earnings per share for the current year.

Insider Buying and Selling

In other AeroVironment news, CAO Brian Charles Shackley sold 200 shares of the stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $250.92, for a total value of $50,184.00. Following the transaction, the chief accounting officer directly owned 5,994 shares in the company, valued at approximately $1,504,014.48. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen F. Page sold 1,000 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $377.62, for a total value of $377,620.00. Following the completion of the sale, the director owned 51,001 shares of the company’s stock, valued at $19,258,997.62. This trade represents a 1.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 3,223 shares of company stock worth $1,092,503. 0.81% of the stock is owned by corporate insiders.

Institutional Trading of AeroVironment

Several hedge funds have recently bought and sold shares of the stock. Chicago Capital LLC bought a new position in shares of AeroVironment in the fourth quarter worth about $452,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of AeroVironment by 20.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,146 shares of the aerospace company’s stock valued at $1,729,000 after acquiring an additional 1,192 shares during the period. Xcel Wealth Management LLC increased its holdings in AeroVironment by 7.6% in the 4th quarter. Xcel Wealth Management LLC now owns 4,020 shares of the aerospace company’s stock worth $972,000 after acquiring an additional 284 shares in the last quarter. CWM LLC raised its stake in AeroVironment by 4.1% during the 4th quarter. CWM LLC now owns 2,127 shares of the aerospace company’s stock worth $515,000 after acquiring an additional 83 shares during the period. Finally, KBC Group NV raised its stake in AeroVironment by 108.1% during the 4th quarter. KBC Group NV now owns 1,902 shares of the aerospace company’s stock worth $501,000 after acquiring an additional 988 shares during the period. Institutional investors own 86.38% of the company’s stock.

AeroVironment Company Profile

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.