Prepare Yourself for Liftoff: AgEagle Aerial Systems Inc. (UAVS)

AgEagle Aerial Systems Inc. (AMEX: UAVS) stock jumped 7.37% on Friday to $0.51 against a previous-day closing price of $0.47. With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $0.5300 whereas the lowest price it dropped to was $0.4710. The 52-week range on UAVS shows that it touched its highest point at $1.54 and its lowest point at $0.30 during that stretch. Beta for the stock currently stands at 3.78.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UAVS was up-trending over the past week, with a rise of 22.71%, but this was up by 43.46% over a month. Three-month performance surged to 8.53% while six-month performance fell -26.10%. The stock lost -60.77% in the past year, while it has gained 45.71% so far this year.

Float and Shares Shorts:

At present, 85.97 million UAVS shares are outstanding with a float of 79.60 million shares on hand for trading. On Oct 13, 2022, short shares totaled 4.52 million, which was 5.20% higher than short shares on Sep 14, 2022. In addition to Dr. Barrett Mooney Ph.D. as the firm’s Exec. Chairman & CEO, Ms. Nicole Fernandez-McGovern CPA serves as its CFO, Exec. VP of Operations & Sec.


Institutional Ownership:

Through their ownership of 12.79% of UAVS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 7.45% of UAVS, in contrast to 5.31% held by mutual funds. Shares owned by individuals account for 4.79%. As the largest shareholder in UAVS with 3.49% of the stake, The Vanguard Group, Inc. holds 3,067,103 shares worth 3,067,103. A second-largest stockholder of UAVS, BlackRock Fund Advisors, holds 1,157,087 shares, controlling over 1.32% of the firm’s shares. Millennium Management LLC is the third largest shareholder in UAVS, holding 884,662 shares or 1.01% stake. With a 2.22% stake in UAVS, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 1,950,222 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 1.23% of UAVS stock, is the second-largest Mutual Fund holder. It holds 1,081,707 shares valued at 0.38 million. Fidelity Extended Market Index Fu holds 0.52% of the stake in UAVS, owning 459,439 shares worth 0.16 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UAVS since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With UAVS analysts setting a high price target of $453.75 and a low target of $453.75, the average target price over the next 12 months is $453.75. Based on these targets, UAVS could surge 88870.59% to reach the target high and rise by 88870.59% to reach the target low. Reaching the average price target will result in a growth of 88870.59% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. UAVS will report FY 2013 earnings on 02/28/2024. Analysts have provided yearly estimates in a range of $11.25 being high and $11.25 being low. For UAVS, this leads to a yearly average estimate of $11.25. Based on analyst estimates, the high estimate for the next quarter is $3.75 and the low estimate is $3.75. The average estimate for the next quarter is thus $3.75.

Summary of Insider Activity:

Insiders traded UAVS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 8 while that of sell transactions has risen to 9 over the past year. The total number of shares bought during that period was 222,500 while 235,000 shares were sold.

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