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AeroVironment Flies After a Strong Quarter


AeroVironment Flies After a Strong Quarter

AeroVironment (NASDAQ: AVAV) announced stronger-than-expected fiscal first-quarter 2018 results on Tuesday after the market closed, highlighting solid revenue increases, greater visibility with a growing funded backlog, and narrower bottom-line loss.

With shares up nearly 10% in after-hours trading as of this writing, let's take a closer look at how the unmanned aircraft systems specialist kicked off its new fiscal year.

IMAGE SOURCE: AEROVIRONMENT.

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Source: Fool.com

Aerovironment Stock

€185.25
0.380%
The Aerovironment stock is trending slightly upwards today, with an increase of €0.70 (0.380%) compared to yesterday's price.
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Aerovironment.
As a result the target price of 196 € shows a slightly positive potential of 5.8% compared to the current price of 185.25 € for Aerovironment.
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