For its first fiscal quarter (ending July 31), AeroVironment Inc (NASDAQ: AVAV) has reported a -10% decline in E.P.S. from $0.84 a year ago to $0.76 in the current quarter. E.P.S. were $2.14 for the latest four quarters through July 31 versus $-5.77 for the same period a year ago.
Recent Price Action
On 9/4/24, AeroVironment Inc (NASDAQ: AVAV) stock rose modestly by 0.9%, closing at $194.04. Moreover, this advance was accompanied by unusually high trading volume at 151% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.4% during the last week.
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 (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AeroVironment has a poor Appreciation Score of 18 but a very high Power Rating of 99, producing the High 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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