For its second fiscal quarter (ending October 31), AeroVironment Inc (NASDAQ: AVAV) has reported a -59% decline in E.P.S. from $0.66 a year ago to $0.27 in the current quarter. For the latest four quarters through October 31, E.P.S. were $1.75 versus $-4.84 for the same period a year ago.
Recent Price Action
On 12/4/24, AeroVironment Inc (NASDAQ: AVAV) stock increased 2.0%, closing at $196.89. Moreover, trading volume in this advance was exceptionally high at 206% of normal. The stock has risen 2.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
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 poor Appreciation Score of 24 but a very high Power Rating of 91, with the Neutral Value Trend Rating the result.
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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