Alert: New Earnings Report (12/5/23)-AeroVironment Inc (NASDAQ: AVAV).


AeroVironment Inc (NASDAQ: AVAV) has reported E.P.S. of $0.66 for its second fiscal quarter (ending October 31) versus $-0.27 for the same period a year ago. For the latest four quarters through October 31, E.P.S. were $-4.84 compared to $-0.32 a year ago.


Recent Price Action

AeroVironment Inc (NASDAQ: AVAV) stock closed at $141.23 on 12/5/23 after a modest gain of 0.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 249% of normal. The stock has risen 5.1% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AVAV is expected to continue to be an important Value Builder.

AeroVironment has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AeroVironment has a very low Appreciation Score of 8 but a very high Power Rating of 94, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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