Latest news with #AeroVironment
Yahoo
6 days ago
- Business
- Yahoo
AeroVironment (AVAV) Dips More Than Broader Market: What You Should Know
AeroVironment (AVAV) closed the most recent trading day at $176.38, moving -0.99% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.56%. At the same time, the Dow lost 0.58%, and the tech-heavy Nasdaq lost 0.51%. Prior to today's trading, shares of the maker of unmanned aircrafts had gained 16.25% over the past month. This has outpaced the Aerospace sector's gain of 11.42% and the S&P 500's gain of 7.37% in that time. Investors will be eagerly watching for the performance of AeroVironment in its upcoming earnings disclosure. The company is expected to report EPS of $1.44, up 234.88% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $243.67 million, up 23.7% from the prior-year quarter. Any recent changes to analyst estimates for AeroVironment should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 6.63% downward. Currently, AeroVironment is carrying a Zacks Rank of #3 (Hold). Valuation is also important, so investors should note that AeroVironment has a Forward P/E ratio of 43.13 right now. This valuation marks a premium compared to its industry's average Forward P/E of 34.83. The Aerospace - Defense Equipment industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 47, finds itself in the top 20% echelons of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming 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
Business Wire
21-05-2025
- Business
- Business Wire
AeroVironment, Inc. to Present at William Blair's Annual Growth Stock Conference
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. ('AV') (NASDAQ: AVAV) will participate in the upcoming William Blair Annual Growth Stock Conference in Chicago, June 3. AV's chairman, president and chief executive officer, Wahid Nawabi and executive vice president and chief financial officer, Kevin McDonnell will present at the event on June 3 at 5:40 p.m. ET | 4:40 p.m. CT | 2:40 p.m. PT. The presentation will be available in the Events and Presentations section of the AV website at Events & Presentations | AeroVironment, Inc. ABOUT AEROVIRONMENT, INC. AeroVironment ('AV') (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: SAFE HARBOR STATEMENT Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Yahoo
20-05-2025
- Business
- Yahoo
AeroVironment (AVAV) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, AeroVironment (AVAV) closed at $161.12, marking a -1.81% move from the previous day. This change lagged the S&P 500's daily gain of 0.09%. At the same time, the Dow added 0.32%, and the tech-heavy Nasdaq gained 0.02%. Shares of the maker of unmanned aircrafts have appreciated by 11.16% over the course of the past month, underperforming the Aerospace sector's gain of 11.93% and the S&P 500's gain of 13.05%. Investors will be eagerly watching for the performance of AeroVironment in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.44, signifying a 234.88% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $243.67 million, reflecting a 23.7% rise from the equivalent quarter last year. It's also important for investors to be aware of any recent modifications to analyst estimates for AeroVironment. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, AeroVironment possesses a Zacks Rank of #2 (Buy). In terms of valuation, AeroVironment is currently trading at a Forward P/E ratio of 37.1. For comparison, its industry has an average Forward P/E of 32.22, which means AeroVironment is trading at a premium to the group. The Aerospace - Defense Equipment industry is part of the Aerospace sector. With its current Zacks Industry Rank of 39, this industry ranks in the top 16% of all industries, numbering over 250. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on 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
Yahoo
19-05-2025
- Business
- Yahoo
AV's Tomahawk Awarded $5.1M Contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO
ARLINGTON, Va., May 19, 2025--(BUSINESS WIRE)--Tomahawk GCS, an AeroVironment ("AV") product line specializing in autonomous and intelligent multi-domain systems, has been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human-Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection process, AV's Tomahawk's Grip TA5 was selected as the Dismounted Common Controller (DCC) to significantly enhance human-machine teaming for battlefield operations. The HMIF initiative, led by the U.S. Army RCCTO, is accelerating the integration of autonomous and robotic systems into formations to enhance situational awareness, lethality, and survivability. With its modular architecture and multi-platform compatibility, the Grip TA5 provides operators command-and-control of multiple robotic assets in real-time, enhancing mission adaptability and response speed. "This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield," said Jason Hendrix, AV's vice president and general manager of Small Uncrewed Aircraft Systems. "We're proud to continue pushing the boundaries of what's possible in multi-domain operations and delivering proven technology to the warfighter." ABOUT AEROVIRONMENT, INC. AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: SAFE HARBOR STATEMENT Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise. View source version on Contacts MEDIA CONTACT René BardorfAeroVironment+1.703.418.2828pr@ Sign in to access your portfolio
Business Wire
19-05-2025
- Business
- Business Wire
AV's Tomahawk Awarded $5.1M Contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO
ARLINGTON, Va.--(BUSINESS WIRE)--Tomahawk GCS, an AeroVironment ('AV') product line specializing in autonomous and intelligent multi-domain systems, has been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human-Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection process, AV's Tomahawk's Grip TA5 was selected as the Dismounted Common Controller (DCC) to significantly enhance human-machine teaming for battlefield operations. "This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield," said Jason Hendrix, AV's vice president and general manager of Small Uncrewed Aircraft Systems. Share The HMIF initiative, led by the U.S. Army RCCTO, is accelerating the integration of autonomous and robotic systems into formations to enhance situational awareness, lethality, and survivability. With its modular architecture and multi-platform compatibility, the Grip TA5 provides operators command-and-control of multiple robotic assets in real-time, enhancing mission adaptability and response speed. "This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield," said Jason Hendrix, AV's vice president and general manager of Small Uncrewed Aircraft Systems. 'We're proud to continue pushing the boundaries of what's possible in multi-domain operations and delivering proven technology to the warfighter.' ABOUT AEROVIRONMENT, INC. AeroVironment ('AV') (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: SAFE HARBOR STATEMENT Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
