AeroVironment(AVAV)
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AeroVironment (AVAV) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-08-19 23:17
The most recent trading session ended with AeroVironment (AVAV) standing at $189.80, reflecting a -0.34% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.97%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1.39%.Prior to today's trading, shares of the maker of unmanned aircrafts had gained 15.96% over the past month. This has outpaced the Aerospace sector's gain of 5.45% and the S&P 500's loss of 1.85% in t ...
AeroVironment (AVAV) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-08-13 23:15
The most recent trading session ended with AeroVironment (AVAV) standing at $181.52, reflecting a +1.95% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 1.69% for the day. Elsewhere, the Dow saw an upswing of 1.04%, while the tech-heavy Nasdaq appreciated by 2.43%.Coming into today, shares of the maker of unmanned aircrafts had gained 2.23% in the past month. In that same time, the Aerospace sector gained 5.04%, while the S&P 500 lost 4.78%.The inve ...
AeroVironment (AVAV) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-29 23:15
The most recent trading session ended with AeroVironment (AVAV) standing at $175.15, reflecting a +0.77% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq increased by 0.07%.Coming into today, shares of the maker of unmanned aircrafts had lost 4.58% in the past month. In that same time, the Aerospace sector gained 4.32%, while the S&P 500 lost 0.21%.Investors will be e ...
3 Defense Stocks to Buy as the Geopolitical Temperature Rises
Investor Place· 2024-07-25 10:00
Core Viewpoint - Defense stocks are positioned to benefit from potential changes in U.S. foreign policy, particularly if Donald Trump is re-elected, leading to increased demand for defense solutions [1][3][8] Group 1: Defense Stocks Overview - Defense stocks are considered a crucial sector in the market, with the potential for profitability amid changing political landscapes [2][3] - Lockheed Martin (LMT) reported strong earnings for the second quarter, and its stock may see a shift in ratings depending on political developments [3] - Huntington Ingalls (HII) specializes in maritime defense solutions and is expected to experience significant sales growth due to geopolitical tensions, particularly with China [5][6] Group 2: Company-Specific Insights - Lockheed Martin's demand could surge if Trump is elected again, as his isolationist sentiments create uncertainty among U.S. partners [3][4] - Huntington Ingalls is positioned as a key player in U.S. naval strength, which is critical given China's ambitions [5][6] - AeroVironment (AVAV) focuses on unmanned drones, with anticipated sales growth driven by potential conflicts and a second Trump administration [7][8]
AeroVironment (AVAV) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-23 23:20
Company Performance - AeroVironment (AVAV) closed at $171.52, reflecting a +1.84% change from the previous session, outperforming the S&P 500's daily loss of 0.16% [1] - Over the past month, shares have depreciated by 11.59%, underperforming the Aerospace sector's loss of 1.18% and the S&P 500's gain of 1.96% [1] - The upcoming financial results are expected to show an EPS of $0.61, a 39% decline year-over-year, with revenue anticipated at $184.26 million, up 20.94% from the prior-year quarter [1] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $3.41 per share and revenue at $813.75 million, representing increases of +14.05% and +13.54% respectively from the prior year [2] - Recent changes to analyst estimates indicate shifting business dynamics, with positive alterations reflecting analyst optimism regarding the company's profitability [2] Analyst Ratings and Valuation - The Zacks Rank system rates AeroVironment at 3 (Hold), with a proven track record of outperformance for 1 (Strong Buy) stocks returning an average of +25% annually since 1988 [3] - The Forward P/E ratio for AeroVironment is 49.44, indicating a premium compared to the industry's average Forward P/E of 29.06 [3] - The Aerospace - Defense Equipment industry ranks in the top 37% of all industries, with a current Zacks Industry Rank of 92 [3]
AeroVironment: Flying Under The Radar
Seeking Alpha· 2024-07-22 15:53
gremlin/E+ via Getty Images Shares of AeroVironment (NASDAQ:AVAV) have been on fire in recent years, being a real upcoming player in a somewhat stable defense environment. The unmanned vehicle producer has been on fire in recent years, as its products are really upcoming in the defense industry and used in global battlefields. I like the track record of the business and its positioning, but fear that commanding valuations do not result in a very compelling risk-reward situation here, as there is quite some ...
3 AI Stocks to Dump in July Before They Plummet
Investor Place· 2024-07-17 10:12
Knowing the dynamics of AI stocks is increasingly crucial as the technology continues to integrate across industries. As the market enters July, evaluating AI-focused companies’ performance and potential pitfalls becomes paramount. Here are three companies grappling with distinct challenges amidst their AI-driven strategies. The weakening fundamentals may lead to a massive downfall in their market valuations.The first company renowned for its enterprise AI solutions faces a pivotal shift from traditional li ...
7 Defense Stocks to Buy Amid Peace Summit Tensions
Investor Place· 2024-06-28 10:00
Although labeled as the peace summit, an international call for an end to Russia’s invasion of Ukraine effectively did little more than harden ideological lines. While a great many support a roadmap to peace that encompasses Ukraine’s territorial integrity, key players – namely Russia and China, along with a few others – believe differently. What can be said is that defense stocks to buy present a cynically positive framework.Unless the Russians agree to pull back their troops – something that Moscow has de ...
Why AeroVironment Stock Just Crashed 15%
The Motley Fool· 2024-06-27 17:23
At 50 times earnings and a 12% earnings growth rate, AeroVironment stock is simply too expensive to own.AeroVironment (AVAV -12.35%) stock fell 15% through 11:50 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 report last night. Analysts forecast the maker of small military drones would earn $0.22 per share on $188.6 million in quarterly sales. In fact, AeroVironment earned $0.43 per share on sales of $197 million. Investors are selling off AV stock regardless.AeroVironment Q4 earningsNor ar ...
AeroVironment FY2024 Earnings: Switching Gears On Switchblade Demand
Seeking Alpha· 2024-06-27 04:51
JoeLena/iStock via Getty Images Investment Thesis Military drone maker AeroVironment (NASDAQ:NASDAQ:AVAV) reported their full-year FY24 earnings results today, which beat expectations on the top and bottom lines. The company reported a huge surge in sales in their LMS segment (Loitering Munition Systems) due to the sustained demand for their Switchblade drones, which continued to propel the company’s sales forward. Since the start of the year, I have been bullish on AeroVironment. In my last coverage, I ...