The company is expected to report earnings of $0.29/share on revenue of $82.55 million. The consensus earnings per share (EPS) of $0.29/share is based on a poll of 6 analysts and represents a decline of -0.8% over the same quarter last year when the company reported earnings of $0.29/share.
The revenue forecast of $82.55 million based on a poll of 6 analysts implies a year-over-year (YoY) growth of 13.1%. Last year the company reported $72.979 million in revenue for the quarter.
|Metric||Expected||Prior Year||YoY Change|
Earnings Call Trends
Historically, management has exceeded analyst expectations 7 out of the last 8 tracked quarters, and missed expectations 1 quarter. What are your expectations from AeroVironment for earnings this quarter? Let us know in the comments!
One question we always consider here at the Bankers’ Tribune is how important are earnings reports to AeroVironment’s stock price performance? It’s more important for some companies than for others.
In the following table, we summarize the company’s stock price movements after earnings releases. The “Price Day Prior” column shows the closing stock price on the day before the earnings report, and the “Price Next Day” column shows the stock price at the end of the trading day after the earnings report. After the last earnings report for the period ending July 27, 2019, the stock price reacted by increasing by 7.4%.
|Report Date||Price Day Prior||Price Next Day||Change %||Result|
Fundamentals And Technical Analysis
AeroVironment is currently trading at $63.75/share, up 3.9% for the day. The company is trading at approximately 61.6% of its 52-week high of $103.46/share. The company’s stock price is up 15.2% since the last earnings report and up 3.3% over the previous week. The company’s 14 Day Relative Price Index (RSI) of 55.64 suggests the company is trading in technically neutral territory. The RSI is considered overbought when above 70 and oversold when below 30.
AeroVironment’s current share price also implies a price-to-book (P/B) multiple of 3.0x. The following table summarizes some other key fundamental ratios:
|Last Fiscal Period||FY2020.Q1|
|Period End Date||July 27, 2019|
|Stock Price (Current)||$63.75|
|P/E Ratio (Fwd)||36.8x|
|Total Debt to Capital (%)||0.7%|
|Levered Free Cash Flow||$14.571 million|
|Enterprise Value / EBITDA||22.9x|
Company Profile: AeroVironment, Inc.
AeroVironment, Inc. is a small-cap stock with a market capitalization of $1.514 billion and a total enterprise value of $1.224 billion. The company operates in the Industrials sector and the Aerospace & Defense industry.
AeroVironment, Inc. designs, develops, produces, supports, and operates a portfolio of products and services for government agencies and businesses. The company offers unmanned aircraft systems (UAS) and related services primarily to organizations within the U.S. Department of Defense and to international allied governments; and tactical missile systems and related services to organizations within the U.S. Government. It also provides small UAS products, including spare equipment, alternative payload modules, batteries, chargers, repair services, and customer support. In addition, the company develops high altitude pseudo-satellite systems for a commercial customer based in Japan.
The company was founded in 1971 and is headquartered in Simi Valley, California.