Market Summary
USD90.60+0.54
Market Closed0.60%
AVAV Stock Price
AVAV RSI Chart
AVAV Valuation
AVAV Price/Sales (Trailing)
AVAV Profitability
AVAV Fundamentals
AVAV Revenue
AVAV Earnings
Price Action
52 Week Range
70.08114.11
(Low)(High)
Last 7 days
-1.5%
Last 30 days
5.7%
Last 90 days
6.3%
Trailing 12 Months
-9.5%
AVAV Financial Health
AVAV Investor Care
Peers (Alternatives to AeroVironment)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
RTX | 139.8B | 67.1B | -3.52% | -3.50% | 31.33 | 2.12 | 4.17% | 34.50% |
LMT | 124.1B | 66.0B | -1.04% | 6.18% | 21.64 | 1.88 | -1.58% | -9.23% |
BA | 119.5B | 66.6B | -4.00% | 4.49% | -24.22 | 1.79 | 6.94% | -17.44% |
TDG | 40.8B | 5.6B | -5.01% | 4.17% | 43.77 | 7.24 | 15.29% | 17.40% |
TXT | 14.2B | 12.9B | -8.05% | -9.27% | 16.45 | 1.1 | 3.93% | 15.42% |
| MID-CAP | ||||||||
HEI | 9.7B | 2.3B | -4.88% | 6.87% | 27.48 | 4.38 | 20.68% | 11.62% |
HII | 8.2B | 10.7B | -8.87% | -0.16% | 14.12 | 0.77 | 12.10% | 6.43% |
BWXT | 5.6B | 2.2B | 3.10% | 13.20% | 23.58 | 2.52 | 5.12% | -22.13% |
SPR | 2.4B | 5.0B | -10.77% | -36.34% | -5.96 | 0.54 | 27.24% | -0.91% |
AVAV | 2.3B | 487.1M | 5.72% | -9.46% | -291.92 | 4.7 | 8.46% | -5840.15% |
| SMALL-CAP | ||||||||
AIR | 1.6B | 1.8B | 1.32% | 7.30% | 17.55 | 0.87 | 6.02% | 23.12% |
TGI | 677.9M | 1.4B | -18.13% | -61.81% | 7.02 | 0.49 | -10.88% | 191.35% |
DCO | 647.2M | 712.5M | -3.87% | -2.52% | 22.48 | 0.91 | 10.40% | -78.76% |
ATRO | 292.4M | 492.8M | -14.20% | -7.84% | -14.86 | 0.62 | 11.07% | 41.98% |
SIF | 16.3M | 83.9M | -21.74% | -43.04% | -1.69 | 0.19 | -15.75% | -1197.44% |
Financials for AeroVironment
| Income Statement (Last 12 Months) | (In Thousands) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 10.0% | 487,117 | 442,815 | 453,239 | 445,732 | 449,125 |
| Gross Profit | 18.6% | 153,736 | 129,662 | 146,227 | 141,236 | 152,269 |
| S&GA Expenses | 2.4% | 92,240 | 90,043 | 91,249 | 96,434 | 99,337 |
| R&D Expenses | 5.4% | 61,464 | 58,320 | 56,026 | 54,689 | 58,072 |
| EBITDA | 28.2% | 65,149 | 50,804 | 57,027 | 46,707 | - |
| EBITDA Margin | 16.6% | 0.13* | 0.11* | 0.13* | 0.10* | - |
| Earnings Before Taxes | 80.4% | -3,605 | -18,417 | -10,692 | -19,143 | -29,097 |
| EBT Margin | 82.2% | -0.01* | -0.04* | -0.02* | -0.04* | - |
| Interest Expenses | 18.2% | 7,257 | 6,140 | 6,548 | 5,025 | 4,728 |
| Net Income | -683.4% | -7,841 | 1,344 | -4,185 | -425 | - |
| Net Income Margin | 9.1% | -0.02* | -0.02* | 0.00* | -0.01* | - |
| Free Cahsflow | -21.4% | 7,018 | 8,929 | -681 | -31,907 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 3.3% | 921 | 892 | 897 | 914 | 905 |
| Current Assets | 9.3% | 391 | 358 | 357 | 369 | 355 |
| Cash Equivalents | -16.0% | 85.00 | 101 | 93.00 | 77.00 | 83.00 |
| Inventory | 14.7% | 126 | 110 | 99.00 | 91.00 | 90.00 |
| Net PPE | -13.4% | 45.00 | 52.00 | 62.00 | 62.00 | 65.00 |
| Goodwill | 0.5% | 337 | 335 | 334 | 334 | 335 |
| Current Liabilities | 12.1% | 116 | 104 | 96.00 | 101 | 87.00 |
| Long Term Debt | -10.7% | 168 | 188 | 190 | 193 | - |
| LT Debt, Current | 0% | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| LT Debt, Non Current | 0.1% | 156 | 156 | 175 | 178 | 180 |
| Shareholder's Equity | 2.3% | 622 | 607 | 600 | 608 | 602 |
| Retained Earnings | -0.2% | 331 | 332 | 339 | 347 | 340 |
| Additional Paid-In Capital | 4.0% | 295 | 284 | 269 | 267 | 266 |
| Shares Outstanding | 0.4% | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 |
| Minority Interest | 2.5% | 0.00 | 0.00 | 0.00 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -12.9% | 22.00 | 26.00 | 22.00 | -9.62 | -15.61 |
| Share Based Compensation | 14.6% | 9.00 | 7.00 | 6.00 | 5.00 | 6.00 |
| Cashflow From Investing | -2.2% | -14.39 | -14.08 | -12.16 | -52.29 | -409 |
| Cashflow From Financing | 54.1% | -7.09 | -15.45 | -10.38 | -16.61 | 186 |
Risks for AVAV
What is the probability of a big loss on AVAV?
100%
Probability that AeroVironment stock will be more than 20% underwater in next one year
60%
Probability that AeroVironment stock will be more than 30% underwater in next one year.
38.1%
Probability that AeroVironment stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AVAV drawdown profile look like?
Y-axis is the maximum loss one would have experienced if AeroVironment was unfortunately bought at previous high price.
Drawdowns
Returns for AVAV
Cumulative Returns on AVAV
17.3%
10-Year Cumulative Returns
18.4%
7-Year Cumulative Returns
14.9%
5-Year Cumulative Returns
18.5%
3-Year Cumulative Returns
What are the long-term rolling returns for AVAV?
FIve years rolling returns for AeroVironment.
Annualized Returns
Which funds bought or sold AVAV recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | unchanged | - | 30,086 | 1,120,520 | 0.01% |
2023-03-17 | American Portfolios Advisors | new | - | 48,099 | 48,099 | -% |
2023-03-10 | BAILLIE GIFFORD & CO | added | 4.8 | 4,648,590 | 65,070,600 | 0.07% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.02 | 11,683 | 454,683 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 47.73 | 11,000 | 33,000 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 42,830 | 42,830 | -% |
2023-02-28 | Voya Investment Management LLC | unchanged | - | 21,491 | 803,491 | -% |
2023-02-23 | Portman Square Capital LLP | new | - | 438,065 | 438,065 | 0.03% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 16.28 | 107,000 | 657,000 | 0.01% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | -100 | -68,000 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AeroVironment News
Schedule 13G FIlings of AeroVironment
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 10.36% | 2,605,972 | SC 13G/A | |
| Feb 06, 2023 | state street corp | 5.85% | 1,472,744 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 17.7% | 4,451,439 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 17.7% | 4,451,439 | SC 13G/A | |
| Feb 14, 2022 | american capital management inc | 6.1% | 1,515,438 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 10.03% | 2,489,062 | SC 13G/A | |
| Feb 07, 2022 | blackrock inc. | 14.8% | 3,668,034 | SC 13G/A | |
| Feb 16, 2021 | american capital management inc | 6.53% | 1,572,661 | SC 13G/A | |
| Feb 12, 2021 | state street corp | 4.26% | 1,026,660 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 10.08% | 2,430,134 | SC 13G/A |
AVAV Fair Value
AeroVironment fair value in different scenarios
The table shows the Fair Value estimates for AeroVironment for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 14.50 -84.00% | 18.07 -80.06% | 23.98 -73.53% | 31.68 -65.03% | 38.04 -58.01% |
| Current Inflation | 13.29 -85.33% | 16.34 -81.96% | 21.30 -76.49% | 27.77 -69.35% | 33.10 -63.47% |
| Very High Inflation | 11.79 -86.99% | 14.24 -84.28% | 18.11 -80.01% | 23.21 -74.38% | 27.39 -69.77% |
Historical AeroVironment Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of AeroVironment
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 13, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 8-K | Current Report | |
| Mar 06, 2023 | 10-Q | Quarterly Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 06, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 31, 2023 | 4/A | Insider Trading | |
| Jan 26, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 20, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 17, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for AVAV
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-15 | MULLER EDWARD R | acquired | - | - | 17,489 | - |
2023-03-15 | MULLER EDWARD R | sold | - | - | -17,489 | - |
2023-03-09 | MULLER EDWARD R | acquired | 681,750 | 27.27 | 25,000 | - |
2023-03-09 | MULLER EDWARD R | sold | -695,068 | 92.54 | -7,511 | - |
2023-01-12 | PAGE STEPHEN F | acquired | 185,700 | 18.57 | 10,000 | - |
2023-01-12 | PAGE STEPHEN F | sold | -450,224 | 88.47 | -5,089 | - |
2023-01-12 | PAGE STEPHEN F | sold | -185,787 | 88.47 | -2,100 | - |
2022-09-15 | Burbage Charles Thomas | acquired | 681,750 | 27.27 | 25,000 | - |
2022-09-15 | Burbage Charles Thomas | sold | -693,436 | 94.68 | -7,324 | - |
2022-09-12 | Shackley Brian Charles | sold | -50,195 | 100 | -500 | vp, chief accounting officer |
About AeroVironment
AVAV Income Statement
2023-01-28Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jan. 28, 2023 | Jan. 29, 2022 | Jan. 28, 2023 | Jan. 29, 2022 | |
| Revenue: | ||||
| Revenue | $ 134,395 | $ 90,093 | $ 354,495 | $ 313,110 |
| Cost of sales: | ||||
| Cost of sales | 88,885 | 68,657 | 249,381 | 220,496 |
| Gross margin: | ||||
| Total gross margin | 45,510 | 21,436 | 105,114 | 92,614 |
| Selling, general and administrative | 24,746 | 22,549 | 70,302 | 74,496 |
| Research and development | 16,157 | 13,013 | 47,793 | 41,018 |
| Income (loss) from operations | 4,607 | (14,126) | (12,981) | (22,900) |
| Other (loss) income: | ||||
| Interest expense, net | (2,810) | (1,510) | (6,722) | (4,164) |
| Other (expense) income, net | (2,587) | 34 | (2,183) | (10,360) |
| Loss before income taxes | (790) | (15,602) | (21,886) | (37,424) |
| Benefit from income taxes | (531) | (15,396) | (8,382) | (25,864) |
| Equity method investment (loss) income, net of tax | (417) | 171 | (2,190) | 163 |
| Net loss | (676) | (35) | (15,694) | (11,397) |
| Net loss (income) attributable to noncontrolling interest | 45 | (45) | (49) | |
| Net (loss) income attributable to AeroVironment, Inc. | $ (676) | $ 10 | $ (15,739) | $ (11,446) |
| Net loss per share attributable to AeroVironment, Inc. | ||||
| Net loss per share attributable to AeroVironment, Inc.-Basic (in dollars per share) | $ (0.03) | $ (0.63) | $ (0.46) | |
| Net loss per share attributable to AeroVironment, Inc.-Diluted (in dollars per share) | $ (0.03) | $ (0.63) | $ (0.46) | |
| Weighted-average shares outstanding: | ||||
| Basic (in shares) | 25,012,412 | 24,710,991 | 24,906,977 | 24,657,846 |
| Diluted (in shares) | 25,012,412 | 24,879,643 | 24,906,977 | 24,657,846 |
| Product sales | ||||
| Revenue: | ||||
| Revenue | $ 91,216 | $ 42,599 | $ 211,533 | $ 166,713 |
| Cost of sales: | ||||
| Cost of sales | 54,866 | 29,294 | 127,210 | 100,821 |
| Gross margin: | ||||
| Total gross margin | 36,350 | 13,305 | 84,323 | 65,892 |
| Contract services | ||||
| Revenue: | ||||
| Revenue | 43,179 | 47,494 | 142,962 | 146,397 |
| Cost of sales: | ||||
| Cost of sales | 34,019 | 39,363 | 122,171 | 119,675 |
| Gross margin: | ||||
| Total gross margin | $ 9,160 | $ 8,131 | $ 20,791 | $ 26,722 |
AVAV Balance Sheet
2023-01-28Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jan. 28, 2023 | Apr. 30, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 78,276 | $ 77,231 |
| Short-term investments | 24,716 | |
| Accounts receivable, net of allowance for doubtful accounts of $61 at January 28, 2023 and $592 at April 30, 2022 | 52,871 | 60,170 |
| Unbilled receivables and retentions (inclusive of related party unbilled receivables of $2,229 at April 30, 2022) | 109,289 | 104,194 |
| Inventories, net | 125,942 | 90,629 |
| Income taxes receivable | 9,180 | 442 |
| Prepaid expenses and other current assets | 15,323 | 11,527 |
| Total current assets | 390,881 | 368,909 |
| Long-term investments | 19,319 | 15,433 |
| Property and equipment, net | 45,388 | 62,296 |
| Operating lease right-of-use assets | 28,336 | 26,769 |
| Deferred income taxes | 8,540 | 7,290 |
| Intangibles, net | 83,442 | 97,224 |
| Goodwill | 336,555 | 334,347 |
| Other assets | 8,741 | 1,932 |
| Total assets | 921,202 | 914,200 |
| Current liabilities: | ||
| Accounts payable | 26,420 | 19,244 |
| Wages and related accruals | 27,135 | 25,398 |
| Customer advances | 22,553 | 8,968 |
| Current portion of long-term debt | 10,000 | 10,000 |
| Current operating lease liabilities | 7,794 | 6,819 |
| Income taxes payable | 26 | 759 |
| Other current liabilities | 22,469 | 30,203 |
| Total current liabilities | 116,397 | 101,391 |
| Long-term debt, net of current portion | 155,763 | 177,840 |
| Non-current operating lease liabilities | 22,630 | 21,915 |
| Other non-current liabilities | 742 | 768 |
| Liability for uncertain tax positions | 1,450 | 1,450 |
| Deferred income taxes | 2,707 | 2,626 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Authorized shares-10,000,000; none issued or outstanding at January 28, 2023 and April 30, 2022 | ||
| Issued and outstanding shares-25,264,025 shares at January 28, 2023 and 24,951,287 shares at April 30, 2022 | 4 | 2 |
| Additional paid-in capital | 295,070 | 267,248 |
| Accumulated other comprehensive loss | (5,055) | (6,514) |
| Retained earnings | 331,494 | 347,233 |
| Total AeroVironment, Inc. stockholders' equity | 621,513 | 607,969 |
| Noncontrolling interest | 241 | |
| Total equity | 621,513 | 608,210 |
| Total liabilities and stockholders' equity | $ 921,202 | $ 914,200 |