How did AeroVironment Inc. (AVAV) surprise investors with its report?

At the time of writing, AeroVironment Inc. [AVAV] stock is trading at $90.59, up down -0.93%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AVAV shares have gain 6.18% over the last week, with a monthly amount glided 9.05%, and seem to be holding up well over a long-time horizon.

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On 2, August 2022, AeroVironment, Inc. Announces Participation in Upcoming Investor Conferences. In a post published today on Yahoo Finance, AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced that Wahid Nawabi, chairman, president and chief executive officer, and Kevin McDonnell, senior vice president and chief financial officer, will present at the Jefferies Industrials Conference on Tuesday, Aug. 9, 2022 at 2:00 p.m. ET / 11:00 a.m. PT, as well as the Canaccord Genuity 42nd Annual Growth Conference on Wednesday, Aug. 10, 2022 at 3:30 p.m. ET / 12:30 p.m. PT.

From an analyst’s perspective:

AeroVironment Inc. [NASDAQ: AVAV] stock has seen the most recent analyst activity on July 01, 2022, when Alembic Global Advisors upgraded its rating to a Overweight. Previously, RBC Capital Mkts upgraded its rating to Outperform on May 18, 2022, and elevated its price target to $100. On April 22, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $95 on the stock. Canaccord Genuity upgraded its rating to a Buy and increased its price target to $85 on March 04, 2022. Berenberg initiated its recommendation with a Hold and recommended $66 as its price target on January 21, 2022. Canaccord Genuity downgraded its rating to Hold for this stock on December 08, 2021, and downed its price target to $64. In a note dated October 22, 2021, RBC Capital Mkts initiated an Sector Perform rating and iterated a target price of $95 on this stock.

For the past year, the stock price of AeroVironment Inc. fluctuated between $52.03 and $114.11. AeroVironment Inc. [NASDAQ: AVAV] shares were valued at $90.59 at the most recent close of the market.

Analyzing the AVAV fundamentals

According to AeroVironment Inc. [NASDAQ:AVAV], the company’s sales were 132.62 billion in the recent quarter, which represents an -2.50% plunge. Gross Margin for this corporation currently stands at +31.69% with Operating Margin at -1.95%, Pretax Margin comes in at -4.29%, and Net Margin reading is -0.94%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 89.94 points at the first support level, and at 89.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.69, and for the 2nd resistance point, it is at 92.80.

AeroVironment Inc. [AVAV] reported earnings per share of $0.3 for its fiscal quarter that ended on 4/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.39/share, meaning a difference of $-0.09 and a surprise factor of -23.10%. By comparison, the stated earnings for the previous quarter ended on 1/30/2022 were $0.32 per share as compared to estimates of $0.3 per share, a difference of $0.02 representing a surprise of 6.70%.

Ratios To Look Out For

It is important to note that AeroVironment Inc. [NASDAQ:AVAV] has a current ratio of 3.60. Further, the Quick Ratio stands at 2.74, while the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 4.45, the price to book ratio is 3.30.

Transactions by insiders

Insider trading, which has resulted in 14 insider purchases of 36,672 shares and 11 insider sales of 20,236 shares in the past three months, is now the topic of our analysis. Recent insider trading involved Holland Charles R, Director, that happened on Jul 07 when 4001.0 shares were sold. Director, Holland Charles R completed a deal on Jul 06 to sell 2001.0 shares. Meanwhile, Director Holland Charles R sold 3001.0 shares on Jul 05.