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NASDAQ:ATRO

Astronics (ATRO) Stock Price, News & Analysis

Astronics logo
$16.15 +0.11 (+0.69%)
(As of 11/29/2024 05:27 PM ET)

About Astronics Stock (NASDAQ:ATRO)

Key Stats

Today's Range
$16.06
$16.50
50-Day Range
$15.66
$21.04
52-Week Range
$14.13
$23.74
Volume
406,873 shs
Average Volume
509,303 shs
Market Capitalization
$569.45 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00
Consensus Rating
Hold

Company Overview

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and mass transit industries, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. Astronics Corporation was incorporated in 1968 and is headquartered in East Aurora, New York.

Astronics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
75th Percentile Overall Score

ATRO MarketRank™: 

Astronics scored higher than 75% of companies evaluated by MarketBeat, and ranked 17th out of 49 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Astronics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Astronics has only been the subject of 1 research reports in the past 90 days.

  • Read more about Astronics' stock forecast and price target.
  • Earnings Growth

    Earnings for Astronics are expected to grow by 129.41% in the coming year, from $0.51 to $1.17 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Astronics is -85.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Astronics is -85.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Astronics has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Astronics' valuation and earnings.
  • Percentage of Shares Shorted

    1.01% of the outstanding shares of Astronics have been sold short.
  • Short Interest Ratio / Days to Cover

    Astronics has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Astronics has recently decreased by 16.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Astronics does not currently pay a dividend.

  • Dividend Growth

    Astronics does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.01% of the outstanding shares of Astronics have been sold short.
  • Short Interest Ratio / Days to Cover

    Astronics has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Astronics has recently decreased by 16.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Astronics has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Astronics this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for ATRO on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Astronics to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Astronics insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    10.86% of the stock of Astronics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    56.68% of the stock of Astronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Astronics' insider trading history.
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ATRO Stock News Headlines

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ATRO Stock Analysis - Frequently Asked Questions

Astronics' stock was trading at $17.42 at the beginning of the year. Since then, ATRO shares have decreased by 7.3% and is now trading at $16.15.
View the best growth stocks for 2024 here
.

Astronics Co. (NASDAQ:ATRO) posted its earnings results on Thursday, August, 1st. The aerospace company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.13. The aerospace company had revenue of $198.11 million for the quarter, compared to analyst estimates of $191.19 million. Astronics had a negative net margin of 0.82% and a positive trailing twelve-month return on equity of 6.94%.

Astronics subsidiaries include Diagnosys Test Systems, Freedom Communication Technologies, Telefonix, Custom Control Concepts, Armstrong Aerospace, PGA ELECTRONIC, AeroSat Corporation, and more.

Top institutional shareholders of Astronics include Royce & Associates LP (2.78%), State Street Corp (2.65%), Geode Capital Management LLC (1.98%) and Needham Investment Management LLC (0.77%). Insiders that own company stock include Warren C Johnson, Michael C Kuehn and Nancy L Hedges.
View institutional ownership trends
.

Shares of ATRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Astronics investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
8/01/2024
Today
12/01/2024
Next Earnings (Confirmed)
12/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
Aerospace & Defense
Current Symbol
NASDAQ:ATRO
CUSIP
04643310
CIK
8063
Employees
2,500
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+23.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-26,420,000.00
Pretax Margin
-0.88%

Debt

Sales & Book Value

Annual Sales
$782.18 million
Cash Flow
$0.40 per share
Book Value
$7.07 per share

Miscellaneous

Free Float
31,433,000
Market Cap
$569.48 million
Optionable
Optionable
Beta
1.83

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This page (NASDAQ:ATRO) was last updated on 12/1/2024 by MarketBeat.com Staff
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