AstroNova (NASDAQ:ALOT) Given Sell (D) Rating at Weiss Ratings

Key Points

• AstroNova has been reissued a "sell (d)" rating by Weiss Ratings, indicating negative sentiment towards the company's stock performance.
• The company's quarterly earnings reported a loss of ($0.04) EPS with revenues of $36.10 million, alongside a negative net margin of 11.20%.
• Hedge funds and institutional investors hold 43.02% of AstroNova's stock, with Diamond Hill Capital Management increasing its position by 15% recently.

AstroNova (NASDAQ:ALOT - Get Free Report)'s stock had its "sell (d)" rating reissued by Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

AstroNova Stock Performance

NASDAQ ALOT traded up $0.24 during trading on Wednesday, reaching $10.38. The company's stock had a trading volume of 17,381 shares, compared to its average volume of 13,834. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 1.71. The firm has a market cap of $79.30 million, a price-to-earnings ratio of -4.61 and a beta of 0.90. AstroNova has a twelve month low of $7.53 and a twelve month high of $17.24. The business's fifty day moving average price is $10.81 and its 200-day moving average price is $9.94.

AstroNova (NASDAQ:ALOT - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The business services provider reported ($0.04) EPS for the quarter. The business had revenue of $36.10 million during the quarter. AstroNova had a negative net margin of 11.20% and a positive return on equity of 1.09%. AstroNova has set its FY 2026 guidance at EPS.

Institutional Trading of AstroNova

Several hedge funds and other institutional investors have recently made changes to their positions in ALOT. Diamond Hill Capital Management Inc. boosted its holdings in shares of AstroNova by 15.0% in the first quarter. Diamond Hill Capital Management Inc. now owns 96,063 shares of the business services provider's stock valued at $883,000 after acquiring an additional 12,519 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of AstroNova in the second quarter valued at about $140,000. Mink Brook Asset Management LLC lifted its holdings in shares of AstroNova by 1.1% in the second quarter. Mink Brook Asset Management LLC now owns 379,361 shares of the business services provider's stock valued at $4,397,000 after purchasing an additional 3,955 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of AstroNova by 1.4% in the second quarter. Geode Capital Management LLC now owns 74,138 shares of the business services provider's stock valued at $859,000 after purchasing an additional 1,036 shares in the last quarter. Hedge funds and other institutional investors own 43.02% of the company's stock.

About AstroNova

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).

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