Spectris PLC (LON:SXS) Coveraged By Goldman Sachs with GBX 3000.00 Target; Aerovironment Has 1.26 Sentiment

April 6, 2018 - By Shannon Black

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Aerovironment Inc (AVAV) investors sentiment decreased to 1.26 in 2017 Q4. It’s down -0.61, from 1.87 in 2017Q3. The ratio has dropped, as 82 funds increased or started new holdings, while 65 cut down and sold positions in Aerovironment Inc. The funds in our database now hold: 17.40 million shares, up from 17.13 million shares in 2017Q3. Also, the number of funds holding Aerovironment Inc in top ten holdings was flat from 2 to 2 for the same number . Sold All: 15 Reduced: 50 Increased: 48 New Position: 34.

In a an analyst note released today, Goldman Sachs analysts started Spectris PLC (LON:SXS) coverage with a Buy rating, and a GBX 3000.00 price target.

The stock decreased 0.22% or $0.1 during the last trading session, reaching $46.21. About 226,728 shares traded. AeroVironment, Inc. (AVAV) has risen 65.98% since April 6, 2017 and is uptrending. It has outperformed by 54.43% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 8 sales for $3.07 million activity.

AeroVironment, Inc. designs, develops, produces, supports, and operates unmanned aircraft systems and efficient energy systems (EES) in the United States and internationally. The company has market cap of $1.09 billion. The firm offers small UAS products to deliver intelligence, surveillance, and reconnaissance; and communications, such as real-time tactical reconnaissance, tracking, combat assessment, and geographic data to the small tactical unit or individual operator. It has a 34.23 P/E ratio. The Company’s small UAS wirelessly transmit critical live video and other information to a hand-held ground control unit enabling the operator to view and capture images; ground control systems allow the operator to control the aircraft; and tactical missile systems designed to be reusable for various flights and to be recovered through an autonomous landing feature that enables a controlled descent to a designated location.

Analysts await AeroVironment, Inc. (NASDAQ:AVAV) to report earnings on June, 26. They expect $0.43 earnings per share, down 66.92% or $0.87 from last year’s $1.3 per share. AVAV’s profit will be $10.10 million for 26.87 P/E if the $0.43 EPS becomes a reality. After $0.09 actual earnings per share reported by AeroVironment, Inc. for the previous quarter, Wall Street now forecasts 377.78% EPS growth.

American Capital Management Inc holds 4.86% of its portfolio in AeroVironment, Inc. for 1.44 million shares. Vident Investment Advisory Llc owns 581,600 shares or 1.47% of their US portfolio. Moreover, Wellington Shields & Co. Llc has 1.09% invested in the company for 36,000 shares. The South Carolina-based Canal Insurance Co has invested 1% in the stock. Granite Investment Partners Llc, a California-based fund reported 186,275 shares.

Among 19 analysts covering Spectris PLC (LON:SXS), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 42% are positive. Spectris PLC has GBX 3175 highest and GBX 1600 lowest target. GBX 2501.94’s average target is -5.48% below currents GBX 2647 stock price. Spectris PLC had 169 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Shore Capital with “Buy” on Wednesday, October 18. The firm has “Neutral” rating by JP Morgan given on Monday, January 9. Investec maintained the stock with “Hold” rating in Friday, November 20 report. The rating was upgraded by HSBC on Thursday, April 6 to “Hold”. The firm has “Hold” rating given on Tuesday, February 20 by Numis Securities. The stock of Spectris plc (LON:SXS) earned “Buy” rating by Shore Capital on Tuesday, February 14. The rating was maintained by Peel Hunt with “Add” on Monday, December 5. The firm has “Neutral” rating given on Monday, September 28 by JP Morgan. Deutsche Bank maintained Spectris plc (LON:SXS) rating on Monday, February 1. Deutsche Bank has “Hold” rating and GBX 1830 target. The rating was maintained by JP Morgan on Monday, August 22 with “Neutral”.

Spectris plc manufactures and sells measuring instruments and controls worldwide. The company has market cap of 3.15 billion GBP. It operates through four divisions: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. It has a 13.5 P/E ratio. The Materials Analysis segment provides services and products, which enable clients to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process.

The stock decreased 1.05% or GBX 28 during the last trading session, reaching GBX 2647. About 15,094 shares traded. Spectris plc (LON:SXS) has 0.00% since April 6, 2017 and is . It has underperformed by 11.55% the S&P500.

AeroVironment, Inc. (NASDAQ:AVAV) Institutional Positions Chart