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AeroVironment Inc Stock Research

AVAV

90.60USD+0.54(+0.60%)Market Closed

Market Summary

USD90.60+0.54
Market Closed
0.60%

AVAV Alerts

AVAV Stock Price

AVAV RSI Chart

AVAV Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

-291.92

Price/Sales (Trailing)

4.7

EV/EBITDA

36.4

Price/Free Cashflow

326.15

AVAV Price/Sales (Trailing)

AVAV Profitability

EBT Margin

-0.74%

Return on Equity

-1.26%

Return on Assets

-0.85%

Free Cashflow Yield

0.31%

AVAV Fundamentals

AVAV Revenue

Revenue (TTM)

487.1M

Revenue Y/Y

49.17%

Revenue Q/Q

20.44%

AVAV Earnings

Earnings (TTM)

-7.8M

Earnings Y/Y

-359.35%

Earnings Q/Q

20.98%

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

Current Ratio

3.36

Debt/Equity

0.27

Debt/Cashflow

0.13

AVAV Investor Care

Shares Dilution (1Y)

1.40%

Diluted EPS (TTM)

-0.35

Peers (Alternatives to AeroVironment)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
139.8B
67.1B
-3.52% -3.50%
31.33
2.12
4.17% 34.50%
124.1B
66.0B
-1.04% 6.18%
21.64
1.88
-1.58% -9.23%
119.5B
66.6B
-4.00% 4.49%
-24.22
1.79
6.94% -17.44%
40.8B
5.6B
-5.01% 4.17%
43.77
7.24
15.29% 17.40%
14.2B
12.9B
-8.05% -9.27%
16.45
1.1
3.93% 15.42%
MID-CAP
9.7B
2.3B
-4.88% 6.87%
27.48
4.38
20.68% 11.62%
8.2B
10.7B
-8.87% -0.16%
14.12
0.77
12.10% 6.43%
5.6B
2.2B
3.10% 13.20%
23.58
2.52
5.12% -22.13%
2.4B
5.0B
-10.77% -36.34%
-5.96
0.54
27.24% -0.91%
2.3B
487.1M
5.72% -9.46%
-291.92
4.7
8.46% -5840.15%
SMALL-CAP
1.6B
1.8B
1.32% 7.30%
17.55
0.87
6.02% 23.12%
677.9M
1.4B
-18.13% -61.81%
7.02
0.49
-10.88% 191.35%
647.2M
712.5M
-3.87% -2.52%
22.48
0.91
10.40% -78.76%
292.4M
492.8M
-14.20% -7.84%
-14.86
0.62
11.07% 41.98%
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)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue10.0%487,117442,815453,239445,732449,125
Gross Profit18.6%153,736129,662146,227141,236152,269
  S&GA Expenses2.4%92,24090,04391,24996,43499,337
  R&D Expenses5.4%61,46458,32056,02654,68958,072
EBITDA28.2%65,14950,80457,02746,707-
EBITDA Margin16.6%0.13*0.11*0.13*0.10*-
Earnings Before Taxes80.4%-3,605-18,417-10,692-19,143-29,097
EBT Margin82.2%-0.01*-0.04*-0.02*-0.04*-
Interest Expenses18.2%7,2576,1406,5485,0254,728
Net Income-683.4%-7,8411,344-4,185-425-
Net Income Margin9.1%-0.02*-0.02*0.00*-0.01*-
Free Cahsflow-21.4%7,0188,929-681-31,907-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets3.3%921892897914905
  Current Assets9.3%391358357369355
    Cash Equivalents-16.0%85.0010193.0077.0083.00
  Inventory14.7%12611099.0091.0090.00
  Net PPE-13.4%45.0052.0062.0062.0065.00
  Goodwill0.5%337335334334335
  Current Liabilities12.1%11610496.0010187.00
  Long Term Debt-10.7%168188190193-
    LT Debt, Current0%10.0010.0010.0010.0010.00
    LT Debt, Non Current0.1%156156175178180
Shareholder's Equity2.3%622607600608602
  Retained Earnings-0.2%331332339347340
  Additional Paid-In Capital4.0%295284269267266
Shares Outstanding0.4%25.0025.0025.0025.0025.00
Minority Interest2.5%0.000.000.00--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-12.9%22.0026.0022.00-9.62-15.61
  Share Based Compensation14.6%9.007.006.005.006.00
Cashflow From Investing-2.2%-14.39-14.08-12.16-52.29-409
Cashflow From Financing54.1%-7.09-15.45-10.38-16.61186

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 ascendingFund NameType% 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
-
-%

1–10 of 42

Latest Funds Activity

Are funds buying AVAV calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AVAV
No. of Funds

AeroVironment News

MarketBeat

AeroVironment, Inc. (NASDAQ:AVAV) Shares Sold by Yousif Capital ....

MarketBeat,
16 hours ago

Seeking Alpha

InvestorsObserver

InvestorPlace

The Motley Fool

Schedule 13G FIlings of AeroVironment

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

About AeroVironment

AVAV Income Statement

2023-01-28
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 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 sales88,88568,657249,381220,496
Gross margin:    
Total gross margin45,51021,436105,11492,614
Selling, general and administrative24,74622,54970,30274,496
Research and development16,15713,01347,79341,018
Income (loss) from operations4,607(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)25,012,41224,710,99124,906,97724,657,846
Diluted (in shares)25,012,41224,879,64324,906,97724,657,846
Product sales    
Revenue:    
Revenue$ 91,216$ 42,599$ 211,533$ 166,713
Cost of sales:    
Cost of sales54,86629,294127,210100,821
Gross margin:    
Total gross margin36,35013,30584,32365,892
Contract services    
Revenue:    
Revenue43,17947,494142,962146,397
Cost of sales:    
Cost of sales34,01939,363122,171119,675
Gross margin:    
Total gross margin$ 9,160$ 8,131$ 20,791$ 26,722

AVAV Balance Sheet

2023-01-28
Condensed 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, 202252,87160,170
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $2,229 at April 30, 2022)109,289104,194
Inventories, net125,94290,629
Income taxes receivable9,180442
Prepaid expenses and other current assets15,32311,527
Total current assets390,881368,909
Long-term investments19,31915,433
Property and equipment, net45,38862,296
Operating lease right-of-use assets28,33626,769
Deferred income taxes8,5407,290
Intangibles, net83,44297,224
Goodwill336,555334,347
Other assets8,7411,932
Total assets921,202914,200
Current liabilities:  
Accounts payable26,42019,244
Wages and related accruals27,13525,398
Customer advances22,5538,968
Current portion of long-term debt10,00010,000
Current operating lease liabilities7,7946,819
Income taxes payable26759
Other current liabilities22,46930,203
Total current liabilities116,397101,391
Long-term debt, net of current portion155,763177,840
Non-current operating lease liabilities22,63021,915
Other non-current liabilities742768
Liability for uncertain tax positions1,4501,450
Deferred income taxes2,7072,626
Commitments and contingencies
Stockholders' equity:  
Authorized shares-10,000,000; none issued or outstanding at January 28, 2023 and April 30, 2022
Issued and outstanding shares-25,264,025 shares at January 28, 2023 and 24,951,287 shares at April 30, 202242
Additional paid-in capital295,070267,248
Accumulated other comprehensive loss(5,055)(6,514)
Retained earnings331,494347,233
Total AeroVironment, Inc. stockholders' equity621,513607,969
Noncontrolling interest 241
Total equity621,513608,210
Total liabilities and stockholders' equity$ 921,202$ 914,200