Analysts predict AeroVironment Inc (AVAV) stock to reach $224 in the next 12 months

AeroVironment Inc [AVAV] stock is trading at $168.80, up 7.86%. An important factor to consider is whether the stock is rising or falling in short-term value. The AVAV shares have gain 5.22% over the last week, with a monthly amount drifted -17.36%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

AeroVironment Inc [NASDAQ: AVAV] stock has seen the most recent analyst activity on November 20, 2024, when Jefferies upgraded its rating to a Buy and also revised its price target to $230 from $240. Previously, Jefferies downgraded its rating to Hold on November 12, 2024, and kept the price target unchanged to $240. On September 16, 2024, downgrade downgraded it’s rating to Mkt Perform. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $220 on August 28, 2024. Alembic Global Advisors upgraded its rating to a Overweight but $216 remained the price target by the analyst firm on August 28, 2024. BTIG Research started tracking with a Buy rating for this stock on June 26, 2024, and assigned it a price target of $255. In a note dated March 08, 2024, Robert W. Baird downgraded an Neutral rating on this stock but restated the target price of $161.

AeroVironment Inc [AVAV] stock has fluctuated between $116.51 and $236.60 over the past year. Currently, Wall Street analysts expect the stock to reach $224 within the next 12 months. AeroVironment Inc [NASDAQ: AVAV] shares were valued at $168.80 at the most recent close of the market. An investor can expect a potential return of 32.7% based on the average AVAV price forecast.

Analyzing the AVAV fundamentals

AeroVironment Inc [NASDAQ:AVAV] reported sales of 761.50M for the trailing twelve months, which represents a growth of 4.23%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.06 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

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 161.32 points at the first support level, and at 153.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 174.18, and for the 2nd resistance point, it is at 179.56.

Ratios To Look Out For

For context, AeroVironment Inc’s Current Ratio is 4.61. On the other hand, the Quick Ratio is 3.36, and the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 6.36, the price to book ratio is 5.55 and price to earnings (TTM) ratio is 97.76.

Transactions by insiders

Recent insider trading involved McDonnell Kevin Patrick, Sr. VP and CFO, that happened on Dec 02 ’24 when 396.0 shares were sold. Sr. VP and CFO, McDonnell Kevin Patrick completed a deal on Nov 01 ’24 to sell 508.0 shares. Meanwhile, Sr. VP and CFO McDonnell Kevin Patrick sold 878.0 shares on Oct 01 ’24.

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