On 9/23/24, AeroVironment Inc (NASDAQ: AVAV) stock enjoyed a major increase of 11.9%, closing at $204.50. Moreover, exceptionally high trading volume at 217% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.4% 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AeroVironment has a poor Appreciation Score of 22 but a very high Power Rating of 96, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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