Latest news with #AVAV
Yahoo
02-08-2025
- Business
- Yahoo
AeroVironment (AVAV) Registers a Bigger Fall Than the Market: Important Facts to Note
AeroVironment (AVAV) ended the recent trading session at $260.07, demonstrating a -2.83% change from the preceding day's closing price. This change lagged the S&P 500's 1.6% loss on the day. At the same time, the Dow lost 1.23%, and the tech-heavy Nasdaq lost 2.24%. Heading into today, shares of the maker of unmanned aircrafts had gained 8.7% over the past month, outpacing the Aerospace sector's gain of 3.87% and the S&P 500's gain of 2.25%. The upcoming earnings release of AeroVironment will be of great interest to investors. In that report, analysts expect AeroVironment to post earnings of $0.34 per share. This would mark a year-over-year decline of 61.8%. Meanwhile, our latest consensus estimate is calling for revenue of $453.5 million, up 139.34% from the prior-year quarter. AVAV's full-year Zacks Consensus Estimates are calling for earnings of $3.23 per share and revenue of $2 billion. These results would represent year-over-year changes of -1.52% and +144.32%, respectively. Investors should also note any recent changes to analyst estimates for AeroVironment. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.37% higher. AeroVironment is currently a Zacks Rank #5 (Strong Sell). In terms of valuation, AeroVironment is currently trading at a Forward P/E ratio of 82.82. This valuation marks a premium compared to its industry average Forward P/E of 38.43. The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 162, which puts it in the bottom 35% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AeroVironment, Inc. (AVAV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-07-2025
- Business
- Yahoo
Jim Cramer on Lockheed Martin's CEO: 'I Know He is Going to Figure This Out'
Lockheed Martin Corporation (NYSE:LMT) is one of the stocks Jim Cramer shed light on. A caller inquired about the company's long-term growth potential in light of Q2 program charges, cash flow issues, and ongoing development and legacy program challenges despite higher defense demand. In response, Cramer said: 'Look, I know Jim Taiclet. I know he is going to figure this out, but everybody tells me, every single research note told me that you have to buy Northrop Grumman… when it comes to the weapon, the big defense procurement. And I still like AeroVironment, AVAV, I mean, it was AVAV… he broke the story, Nawabi broke the story about why things were so great there, and that stock is up about 90 points since he came on the show, and I'm sticking by it.' Jordan Tan / Lockheed Martin (NYSE:LMT) develops aerospace, defense, and security technologies across air, land, sea, and space. The company's products include combat aircraft, missile systems, space solutions, and integrated mission technologies. While we acknowledge the potential of LMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Business Insider
16-07-2025
- Business
- Business Insider
Victory Capital to replace AeroVironment in the S&P 600 at open on 7/18
AeroVironment Inc. (AVAV) will replace ChampionX Corp. (CHX) in the S&P MidCap 400, and Victory Capital Holdings (VCTR) will replace AeroVironment in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 18. S&P 500 constituent Schlumberger (SLB) is acquiring ChampionX in a deal expected to be completed July 16, pending final closing conditions. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Business Insider
16-07-2025
- Business
- Business Insider
AeroVironment to replace ChampionX in the S&P 400 at open on 7/18
AeroVironment (AVAV) will replace ChampionX Corp. (CHX) in the S&P MidCap 400, effective prior to the opening of trading on Friday, July 18. S&P 500 constituent Schlumberger (SLB) is acquiring ChampionX in a deal expected to be completed July 16, pending final closing conditions. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Yahoo
11-07-2025
- Business
- Yahoo
Pete Hegseth Is Sending Drone Stocks Sky High. How Should You Play RCAT, AVAV, and KTOS Now?
U.S. drone stocks are flying high after Defense Secretary Pete Hegseth said he's fully committed to 'unleashing American drone dominance.' Hegseth confirmed plans of 'rescinding restrictive policies' to boost manufacturing and accelerate the use of unmanned systems for military purposes in a video recorded at the Pentagon on Friday. Creating a 38% 'Dividend' on SOFI Stock Using Options Circle Stock Warning: CRCL Could Fall More Than 50% From Here Joby Aviation Just Hit a New 52-Week High. Should You Buy the Flying Car Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Shares of AeroVironment (AVAV) and Kratos Defense (KTOS) rallied more than 10% each, while their smaller peer, Red Cat (RCAT) soared over 20% today. Defense Secretary Pete Hegseth has reportedly instructed the Pentagon to treat drones as 'cheap, rapidly replaceable' munitions – removing bureaucratic bottlenecks and accelerating battlefield deployment. Moving forward, commanders will have the authority to directly procure and test unmanned aerial systems (UAS), including 3D-printed prototypes, bypassing legacy approval processes. This fast-track integration of drone technology into combat and training programs will likely boost demand for domestic suppliers. For drone stocks, including AVAV, KTOS, and RCAT, this means increased orders, faster revenue cycles, and a front-row seat to a multi-year defense-tech boom. Investors should consider building a position in the aforementioned three drone stocks following Hegseth's statement as each stands to play a central role in the American drone supremacy. AeroVironment is a leading supplier of tactical drones and loitering munitions to the U.S. military. Its flagship products like Switchblade and Puma systems have been widely deployed in Ukraine and are central to battlefield reconnaissance and precision strikes. Kratos specializes in high-performance, jet-powered tactical drones such as the XQ-58A Valkyrie, designed for manned-unmanned teaming and autonomous combat missions. Its drones are built for affordability, survivability, and rapid deployment in contested environments. Red Cat Holdings develops low-cost, portable ISR and precision strike drones through its Teal and FlightWave subsidiaries. Its Black Widow drone won the U.S. Army's Short Range Reconnaissance contract, and its FANG FPV drone is optimized for lethal missions. Note that Hegseth's remarks arrive shortly after President Donald Trump signed an executive order in favor of drone technology. U.S. drone stocks are particularly exciting to own following Hegseth's video as Wall Street has a consensus 'Strong Buy' rating on all three. However, today's rally has pushed Kratos well past its mean price target. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
