AeroVironment (AVAV) closed at $283.66, down 2.59% from the previous day, underperforming the S&P 500, Dow, and Nasdaq. Over the past month, AVAV shares dropped 16.94%, worse than the Aerospace sector.

Analysts predict AVAV’s EPS to rise by 85.11% to $0.87 and revenue to soar by 155.15% to $480.86 million in the upcoming release. For the full year, estimates forecast earnings of $3.63 per share and revenue of $2.01 billion.

AVAV currently holds a Zacks Rank of #5 (Strong Sell) with a high Forward P/E ratio of 80.17 and PEG ratio of 4.11, indicating the stock is trading at a premium. The Aerospace – Defense Equipment industry ranks in the bottom 35% of all industries.

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Read more at Nasdaq: Here’s Why AeroVironment (AVAV) Fell More Than Broader Market