The Stock that wall street can’t stop talking about
AeroVironment, Inc. (AVAV), with its corporate headquarters in Virginia, is a world leader in intelligent, multi-domain robotic systems that serve the defense, government, and commercial clients. It provides technology solutions that provide more actionable intelligence to Proceed with Certainty at the intersection of robots, sensors, software analytics, and networking.
The stock of the company ended the most recent trading session up 33.3 percent year to date, closing at $82.68. Three of the four Wall Street analysts that reviewed AVAV gave it a Buy rating, while one gave it a Hold rating. A 17.3 percent potential increase is indicated by the $97.00 12-month median price objective. The price goals are $90.00 for the low and $103.00 for the high.
For the fourth quarter that concluded on April 30, 2022, AVAV’s revenue dropped by 2.5 percent year over year to $132.62 million. To $13.01 million, its income from ongoing operations decreased 26.7 percent from the previous year’s amount.
The company’s net income, which was $7.26 million in the quarter before last, dropped by 33.7 percent. Additionally, the amount of cash and cash equivalents was $77.23 million, a 48.1 percent decrease from the previous year.
AVAV stock statistics
The trailing-12-month EBITDA margin for AVAV is 11.7 percent, which is 11.5 percent less than the 13.2 percent industry average. Additionally, its trailing-12-month ROA, ROC, and net income margin are all negative (-0.46%, 0.66%), respectively. Additionally, compared to the industry average of 0.79 percent, its trailing-12-month asset turnover ratio of 0.48 percent is 38.9 percent lower.
The stock, meanwhile, has declined 17.7 percent over the last three months and 14.6% over the past year. The business’ most recent quarter underperformed Wall Street forecasts. CEO Wahid Nawabi claimed that “ongoing macroeconomic issues” had an effect on the performance.
The stock is presently trading at 4.17x projected EV/Sales, which is 161.7% more than the 1.59x industry average. Furthermore, the company’s forward Price/Sales ratio of 3.95x is 218.1% greater than the industry standard of 1.24x. Additionally, AVAV has a trailing-12-month Price/Book of 3.32x, which is 41.4 percent higher than the industry standard of 2.35x.
For the fourth quarter that concluded on April 30, 2022, AVAV’s revenue dropped by 2.5 percent year over year to $132.62 million. To $13.01 million, its income from ongoing operations decreased 26.7 percent from the previous year’s amount.
The company’s net income, which was $7.26 million in the quarter before last, dropped by 33.7 percent. Additionally, the amount of cash and cash equivalents was $77.23 million, a 48.1 percent decrease from the previous year.
