AeroVironment (NASDAQ:AVAV) Posts Earnings Results, Misses Estimates By $0.02 EPS

AeroVironment (NASDAQ:AVAV) announced its quarterly earnings data on Tuesday. The aerospace company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02), Zacks reports. The business had revenue of $454.68 million during the quarter, compared to analysts’ expectations of $446.16 million. AeroVironment had a net margin of 5.32% and a return on equity of 10.68%. AeroVironment’s revenue for the quarter was up 140.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 EPS. AeroVironment updated its FY 2026 guidance to 3.600-3.70 EPS.

AeroVironment Price Performance

Shares of NASDAQ:AVAV opened at $230.99 on Wednesday. AeroVironment has a 1 year low of $102.25 and a 1 year high of $295.90. The business has a fifty day simple moving average of $251.88 and a 200 day simple moving average of $191.33. The company has a current ratio of 3.52, a quick ratio of 2.69 and a debt-to-equity ratio of 0.03. The firm has a market cap of $11.53 billion, a price-to-earnings ratio of 149.03 and a beta of 1.02.

Insiders Place Their Bets

In other AeroVironment news, CEO Wahid Nawabi sold 17,300 shares of the firm’s stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $263.05, for a total transaction of $4,550,765.00. Following the transaction, the chief executive officer directly owned 122,233 shares in the company, valued at $32,153,390.65. This trade represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.81% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AeroVironment

Institutional investors have recently added to or reduced their stakes in the company. Cerity Partners LLC acquired a new stake in AeroVironment during the second quarter worth about $812,000. Engineers Gate Manager LP bought a new position in shares of AeroVironment in the second quarter valued at approximately $782,000. Tower Research Capital LLC TRC raised its position in AeroVironment by 920.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,744 shares of the aerospace company’s stock worth $782,000 after purchasing an additional 2,475 shares during the last quarter. American Century Companies Inc. bought a new position in AeroVironment in the 2nd quarter worth approximately $633,000. Finally, Evergreen Capital Management LLC grew its holdings in AeroVironment by 22.3% during the 2nd quarter. Evergreen Capital Management LLC now owns 2,115 shares of the aerospace company’s stock worth $603,000 after acquiring an additional 385 shares during the period. 86.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Robert W. Baird boosted their price target on AeroVironment from $210.00 to $267.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Raymond James Financial set a $225.00 price target on AeroVironment and gave the stock a “strong-buy” rating in a research note on Wednesday, June 25th. BTIG Research upped their price objective on AeroVironment from $225.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, June 24th. Jefferies Financial Group upped their price objective on AeroVironment from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, July 2nd. Finally, Wedbush raised AeroVironment to an “outperform” rating in a report on Wednesday, June 25th. Three analysts have rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $292.33.

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.