AeroVironment Shares Plunge 6.05% as Q2 EPS, Revenue Set For Triple-Digit Growth
AeroVironment shares slid 6.05% to $264.63 while the S&P 500 gained 0.69%, extending a 9.76% decline over the past month against a 1.12% aerospace sector drop. Consensus forecasts call for Q2 EPS of $0.70 (133% YoY growth) on $480.05 million revenue (186% rise).
1. Sharp Daily and Monthly Underperformance
AeroVironment stock fell 6.05% to $264.63 in the latest session while the S&P 500 rose 0.69%, the Dow gained 0.47% and the Nasdaq added 0.90%. Over the last month, shares have dropped 9.76%, significantly underperforming the 1.12% decline in the broader aerospace sector.
2. Robust Upcoming Quarter Projections
Analysts forecast second-quarter earnings per share of $0.70, up 133.33% year-over-year, on estimated revenue of $480.05 million, a 186.36% increase from the prior year’s quarter. Full-year estimates call for EPS of $3.40 (up 3.66%) and revenue of $1.99 billion (up 142.73%).
3. Premium Valuation and Analyst Ratings
Shares trade at a forward P/E of 82.91, more than double the 37.29 industry average, and a PEG ratio of 4.25 versus the 2.24 industry norm. The company holds a mid-range analyst rating (Hold) and sits in the top 23% of industries by strength, reflecting mixed sentiment on near-term momentum.