AeroVironment Inc (NASDAQ: AVAV) has reported earnings for its fourth fiscal quarter (ending April 30) of $0.22 versus a loss $-6.31 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $2.19 versus $-7.04 for the same period a year ago.
Recent Price Action
AeroVironment Inc (NASDAQ: AVAV) stock closed at $192.81 on 6/26/24 after a slight gain of 0.05%. Moreover, exceptionally high trading volume at 216% of normal accompanied the advance. The stock has declined -10.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
AVAV’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
AeroVironment has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AeroVironment has a very low Appreciation Score of 7 but a very high Power Rating of 98, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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