AEVEX Corp. (NYSE:AVEX – Get Free Report) was the target of some unusual options trading activity on Thursday. Investors purchased 3,951 call options on the stock. This represents an increase of approximately 176% compared to the average volume of 1,434 call options.
AEVEX Trading Up 21.2%
Shares of AVEX stock traded up $2.57 during trading on Thursday, hitting $14.70. 2,081,852 shares of the stock traded hands, compared to its average volume of 2,179,783. The firm has a market capitalization of $1.68 billion and a P/E ratio of 45.94. The company has a debt-to-equity ratio of 1.15, a current ratio of 5.66 and a quick ratio of 5.50. The firm’s fifty day moving average price is $14.14 and its 200-day moving average price is $19.35. AEVEX has a 52-week low of $8.95 and a 52-week high of $42.34.
AEVEX (NYSE:AVEX – Get Free Report) last issued its quarterly earnings data on Wednesday, November 11th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.49). The firm’s revenue for the quarter was up 56.5% compared to the same quarter last year. As a group, research analysts forecast that AEVEX will post 0.48 earnings per share for the current fiscal year.
Hedge Funds Weigh In On AEVEX
A number of hedge funds have recently modified their holdings of the business. Alyeska Investment Group L.P. acquired a new stake in shares of AEVEX during the 2nd quarter worth about $19,903,000. State Street Corp lifted its position in AEVEX by 265.3% in the third quarter. State Street Corp now owns 1,203,960 shares of the company’s stock valued at $18,228,000 after buying an additional 874,380 shares during the last quarter. Voya Investment Management LLC acquired a new position in AEVEX in the third quarter valued at about $11,505,000. Concurrent Investment Advisors LLC purchased a new position in AEVEX during the second quarter worth about $2,381,000. Finally, Aberdeen Group plc purchased a new position in AEVEX during the third quarter worth about $1,122,000.
Trending Headlines about AEVEX
Investors following AVEX have been watching these headlines:
- Positive Sentiment: AEVEX raised its 2026 revenue guidance to $820 million–$840 million, well above the $753.3 million analyst consensus. The company also reported Q3 revenue of $189.7 million, up 56.5% year over year, with organic growth and its BlackSea Technologies acquisition contributing to expansion. AEVEX Q3 results
- Positive Sentiment: Adjusted EBITDA increased to $30.8 million from $17.8 million a year earlier. Reports also point to funded orders as an important factor behind the improved outlook. Outlook and funded orders
- Neutral Sentiment: Piper Sandler raised its target to $15 from $13 but maintained a Neutral rating, reflecting a more modestly optimistic view. Piper Sandler rating
Analysts Set New Price Targets
A number of research firms have recently commented on AVEX. Royal Bank Of Canada cut their target price on shares of AEVEX from $26.00 to $22.00 and set an “outperform” rating for the company in a research note on Thursday, October 22nd. Piper Sandler upped their price target on shares of AEVEX from $13.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday. Oppenheimer assumed coverage on shares of AEVEX in a research note on Thursday, October 22nd. They issued an “outperform” rating and a $21.00 price target on the stock. UBS Group set a $13.00 price objective on AEVEX in a report on Thursday, October 22nd. Finally, Needham & Company LLC lowered their price objective on AEVEX from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $27.55.
Read Our Latest Stock Report on AVEX
AEVEX Company Profile
AEVEX Corporation (NYSE: AVEX) provides defense and intelligence customers with unmanned aircraft systems and related mission solutions. Its work includes designing, building and integrating aircraft, sensors and other mission equipment for operational use. The company also offers engineering, training and operational support services. These capabilities help customers plan and conduct missions that rely on aerial surveillance, reconnaissance and other specialized aviation functions. AEVEX serves government and defense customers, including U.S. and allied users.
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