AeroVironment Stock News

https://www.investing.com/news/stock-market-news/gopro-vs-aerovironment-which-is-the-better-drone-stock-to-buy-now-2720006

Shares of AeroVironment, Inc. (NASDAQ:AVAV) have received an average recommendation of Hold from the eight research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 12-month []

Despite beating the number of a regular basis, the Zacks Consensus Estimate was nearly cut in half after the most recent quarter.

AeroVironment (NASDAQ:AVAV) had its target price cut by Royal Bank of Canada from $95.00 to $65.00 in a report published on Wednesday, The Fly reports. They currently have a sector perform rating on the aerospace companys stock. Several other equities analysts have also weighed in on AVAV. Robert W. Baird reiterated a buy rating on []

Millennium Management LLC acquired a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,165 shares of the aerospace companys stock, valued at approximately $918,000. A number of other institutional investors and hedge funds also recently []

AVAV, HQY, MESA, SWK, and CGNX have been added to the Zacks Rank #5 (Strong Sell) List on December 10, 2021.

The company has a disappointing full-year outlook.

AeroVironment (NASDAQ:AVAV) issued an update on its FY22 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.23-1.37 for the period, compared to the Thomson Reuters consensus estimate of $2.61. The company issued revenue guidance of $440-460 million, compared to the consensus revenue estimate of $569.72 million.AeroVironment also updated its []

AVAV designs and sells unmanned aircraft systems, tactical missile solutions, and unmanned ground vehicles to government agencies and other businesses.

Equities analysts expect AeroVironment, Inc. (NASDAQ:AVAV) to announce $138.98 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for AeroVironments earnings. The lowest sales estimate is $130.00 million and the highest is $147.96 million. AeroVironment reported sales of $78.78 million in the same quarter last year, which indicates []

Wall Street downgrades the stock, and AeroVironment shares go up. Wait. What?

This article was originally published on TipRanks.com. The post AeroVironment Plunges 27.5% on Q2 Revenue Miss, Lowers FY22 Guidance appeared first on Smarter Analyst .