AeroVironment (AVAV) Soars: Stock Adds 9.4% in Session

SPR AVAV

AeroVironment, Inc. (AVAV - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $75.10 to $82.73 in the past one-month time frame.

The move came after the company reported solid fiscal third-quarter 2019 (ended Jan 26, 2019) results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AeroVironment currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.  

AeroVironment, Inc. Price

Investors interested in the Aerospace – Defense Equipment industry may consider Spirit AeroSystems Holdings, Inc. (SPR - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is AVAV going up? Or down? Predict to see what others think:Up or Down

Is Your Investment Advisor Fumbling Your Financial Future?

 

See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”

 

Click to get it free >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>