Press coverage about AeroVironment (NASDAQ:AVAV) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AeroVironment earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the aerospace company an impact score of 46.3243133778736 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
Shares of AVAV opened at $56.69 on Friday. AeroVironment has a one year low of $28.13 and a one year high of $58.99. The company has a market cap of $1,356.19, a price-to-earnings ratio of 104.98, a PEG ratio of 4.05 and a beta of 1.24.
AeroVironment (NASDAQ:AVAV) last announced its quarterly earnings data on Tuesday, March 6th. The aerospace company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. The business had revenue of $63.90 million during the quarter, compared to the consensus estimate of $58.18 million. AeroVironment had a net margin of 10.50% and a return on equity of 9.15%. The company’s revenue was up 20.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.09) earnings per share. equities research analysts anticipate that AeroVironment will post 0.7 EPS for the current year.
Several research analysts have commented on AVAV shares. Zacks Investment Research downgraded shares of AeroVironment from a “hold” rating to a “sell” rating in a research report on Tuesday, February 6th. BidaskClub downgraded shares of AeroVironment from a “sell” rating to a “strong sell” rating in a research report on Wednesday, December 27th. Stifel Nicolaus upgraded shares of AeroVironment from a “hold” rating to a “buy” rating and boosted their price objective for the company from $45.00 to $65.00 in a research report on Wednesday, April 11th. Finally, ValuEngine upgraded shares of AeroVironment from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. AeroVironment has an average rating of “Hold” and an average price target of $46.17.
In other AeroVironment news, Chairman Timothy E. Conver sold 7,600 shares of the business’s stock in a transaction on Tuesday, March 27th. The shares were sold at an average price of $45.78, for a total transaction of $347,928.00. Following the sale, the chairman now owns 58,138 shares of the company’s stock, valued at $2,661,557.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Timothy E. Conver sold 3,800 shares of the business’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $47.72, for a total transaction of $181,336.00. Following the sale, the chairman now directly owns 58,138 shares in the company, valued at approximately $2,774,345.36. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 34,200 shares of company stock worth $1,677,928. Insiders own 11.00% of the company’s stock.
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AeroVironment, Inc designs, develops, produces, supports, and operates unmanned aircraft systems (UAS) and efficient energy systems (EES) in the United States and internationally. The company offers small UAS products to deliver intelligence, surveillance, and reconnaissance; and communications, such as real-time tactical reconnaissance, tracking, combat assessment, and geographic data to the small tactical unit or individual operator.
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