Astronics (ATRO) Expected to Announce Earnings on Tuesday

Astronics (NASDAQ:ATRO - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect Astronics to post earnings of $0.27 per share and revenue of $192.53 million for the quarter. Astronics has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Astronics (NASDAQ:ATRO - Get Free Report) last posted its earnings results on Tuesday, March 4th. The aerospace company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.27. The firm had revenue of $208.54 million for the quarter, compared to analyst estimates of $194.91 million. Astronics had a positive return on equity of 6.94% and a negative net margin of 0.82%. During the same period in the previous year, the company posted $0.35 earnings per share. On average, analysts expect Astronics to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Astronics Stock Up 2.7 %

Shares of Astronics stock traded up $0.59 during trading on Tuesday, reaching $22.64. The stock had a trading volume of 242,502 shares, compared to its average volume of 291,907. The company has a market capitalization of $798.49 million, a price-to-earnings ratio of -119.15 and a beta of 1.26. The stock has a fifty day moving average price of $22.91 and a two-hundred day moving average price of $19.25. Astronics has a 52 week low of $14.13 and a 52 week high of $26.63. The company has a current ratio of 2.83, a quick ratio of 1.46 and a debt-to-equity ratio of 0.72.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. StockNews.com upgraded Astronics from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Truist Financial cut their price target on Astronics from $23.00 to $21.00 and set a "hold" rating on the stock in a report on Thursday, April 17th.

Insider Activity at Astronics

In related news, Director Robert S. Keane sold 77,099 shares of Astronics stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $24.55, for a total value of $1,892,780.45. Following the sale, the director now owns 6,346 shares of the company's stock, valued at approximately $155,794.30. The trade was a 92.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.86% of the stock is owned by company insiders.

About Astronics

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.